Earn Rewards By Staking VEE

Published on: 21.10.2021

$VEE staking functionality is now live. Users can stake their VEE from their wallet on Vee.Finance and gain additional tokens every minute!

They have worked out a strategic staking rate for VEE holders, which basically comprises 4 stages of stake. Here is the staking rate (available in the staking option for users):

– 90 days lock Yields 10% of your VEE in stake

– 180 days lock Yields 25% of your VEE in stake

– 360 days lock Yields 50% of your VEE in stake

– above 360 days lock Yields 200% of your VEE in stake

Users can withdraw their staked tokens at any time, the reward rate is calculated by the number of days.

How To Get Started

You must have VEE to participate in staking. If you don’t have VEE, you can buy VEE from Pangolin here. For VEE holders, here’s how you can start staking right away.

Step 1: Visit Staking Dashboard: https://vee.finance/dashboard/stake, then click on the “+” button in the “Operation” menu.

Step 2: If this is your first staking, you need to authorize Vee.Finance to interact with your VEE tokens. Click Enable Button and confirm the authorization via MetaMask.

Step 3: Enter the amount that you want to deposit and press the Stake Button.

Note: Click on the calculator icon in the bottom right corner, then in the pop-up box, you can enter the different staking periods and the corresponding rewards.

Step 4: After the transaction is confirmed, your rewards will be automatically accumulated.

FAQS

Where can I buy VEE?

You can buy VEE from Pangolin, enter the VEE contract address into the “Select a currency” field:

0x3709e8615e02c15b096f8a9b460ccb8ca8194e86

Where can I view my rewards?

Your rewards can be viewed in the VEE Earned of the Staking dashboard. Rewards are calculated per block, meaning you will immediately start receiving rewards after you have completed your VEE deposit.

When can I withdraw my deposit?

We allow early withdrawals during the lock period, but your APR rewards will also be calculated based on the time already deposited.

When can I claim my rewards?

Once you have withdrawn your deposit, the VEE reward will be issued directly to the Vault, after that please refer to https://docs.vee.finance/guides/claim-vee.

About Vee Finance

Vee Finance is a DeFi lending platform for traditional financed and crypto users alike. They are committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services.