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On this page
  • What is staking?
  • Why should I stake?
  • What wallets can I use?
  • Are my tokens safu when I stake?
  • Can I use my tokens while staking?
  • What happens if I unstake my tokens during the lockup period?

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  1. Staking

FAQ

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Last updated 10 months ago

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What is staking?

Staking is a way of earning rewards by holding certain cryptocurrencies.

Why should I stake?

You will earn passive income by getting rewarded in VGO.

What wallets can I use?

You can use

Are my tokens safu when I stake?

Yes. Nobody except you will have access to your tokens. Make sure not to lose your mnemonic phrase or private key.

Can I use my tokens while staking?

No, you cannot use your tokens while staking. To withdraw them, you have to unstake them first. Unstaking takes 7 days.

What happens if I unstake my tokens during the lockup period?

If you unstake your tokens during the lockup period, you will lose the rewards and those rewards will be burned.

Virgo Wallet mobile (Android) or the web extension (Chrome, Firefox, Brave, Opera).