When staking Vega (VEGA) you are supporting the network with the additional benefit of compounding your VEGA!
Staking VEGA is the process of holding VEGA "stake" to partake and support the operations in the Vega network to receive rewards. In order to be a "Validator" and participate in these operations, one is required to maintain a server running continuously, technological knowhow, experience, and have a significant amount of VEGA stake.
This is where P2P Validator comes in, we allow VEGA token holders to forget about all the heavy lifting i.e maintenance, surety bonds etc. by "delegating" their holdings to P2P to receive these rewards. We accumulate users' stake and act as a major validation node, receiving and allocating staking rewards between our users pro rata to the delegation.
Users that chose to stake with P2P maintain full custody of their VEGA at all times and P2P will never have access to them.
I delegate 1000 VEGA to P2P. The current APR for staking VEGA is approximately 10.75%.
Reward: 1000*10.75% = 107.5 VEGA
Fee = 107.5*11.7% = 12.5775 VEGA
Estimated balance after 1 year = 1000+107.5-12.5775 = 1094.9225 VEGA
By simply delegating my 1000 VEGA as I hold it, I will have supported the network and earned an additional 94.9225 VEGA after 1 year.
The APR specified are approximate and changes along with network conditions. Please keep in mind that each reward payout varies as they depend on the amount of slots assigned to block producers.
For more information on staking Vega (VEGA) with P2P Validator visit https://p2p.org/vega.
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