VLaunch: Empowering Users to Earn up to 120% Yearly Rewards via VPAD Staking
Staking your VLaunch-specific VPAD tokens empowers you to earn yearly VPAD rewards. And we’ve made sure it’s every bit as simple to set up as it is profitable to practice!
Any VLaunch community member can set up the staking of their VPAD tokens in just a couple of clicks and immediately begin earning rewards.
Here’s how…
VPAD Staking in Detail
VLaunch’s VPAD staking rewards system officially launched on 22nd December, 2021 — and its current phase will officially end on 6th December, 2024.
The current VPAD staking reward per second is approximately 1.929, with a total of 180,000,000 VPAD tokens that we have dedicated to the staking rewards pool.
This reward amount has been calculated by the VLaunch team as optimal in establishing a highly appealing return to all VPAD holders, cultivating organic desire for community members to stake, as well as for VPAD holders to stake and accumulate more and more tokens over time.
The max period for VPAD staking is 5 years — but staking rewards are only paid out for 3 years in total starting from 22nd December, 2021.
VLaunch believes that community members will still aspire to stake for the full 5 years due to the significant boost in VPower generated by their VPAD holding. Longer staking periods means a higher chance of gaining project allocation — we shall be releasing more details about this soon, so stay tuned!
As of this date, the current rewards (%) on VPAD staking is as follows:
This yearly reward % is accurate as of November 7th, 2022. Reward rates are subject to change at any time.
How do I stake VPAD?
Here’s a simple step-by-step guide on how you can begin staking your VPAD and enjoying seriously rewarding rewards right away.
- Get Staking Assets: Buy VPAD on one of its supporting exchanges (Huobi or ByBit) or DEXs (UniSwap or PancakeSwap). Remember, if you purchase your VPAD tokens on a centralized exchange then they will need to be sent to a personal MetaMask wallet via either the BNB Smart Chain or ETH chain.
- Connect your MetaMask Wallet: Connect your MetaMask wallet to the VLaunch platform and select ‘staking’.
- Set your staking amount and time frame: Select the amount of VPAD you want to stake and then set your desired lockup period. Remember, the longer your lockup period, the higher your rewards can grow!
- Earn VPAD Rewards: You will receive your rewards every second that your VPAD remains staked — simple as that!
If you experience any difficulties or require extra assistance, do not hesitate to reach out to the VLaunch community support team — we’ll be in touch to help you out as soon as possible.
What are Staking Rewards?
Staking rewards are earned when you choose to stake cryptocurrencies you hold for a period of time as an incentive to acquire and hold onto your staking assets.
Staking rewards take many forms depending on the design of the project token they support — in the case of VLaunch, our staking rewards are presented to community members as a reward to hold VPAD in addition to access to the allocation lottery.
Many long-term crypto holders regard staking as a convenient and rewarding way to make their assets work for them, enjoying consistent passive rewards instead of them gathering virtual dust in crypto wallets.
Why else should I stake VPAD?
Staking VPAD provides our community members with exclusive opportunities to access token and NFT collections that are launching on the VLaunch platform. The more VPAD you hold, the higher the chances of you receiving a project allocation.
In the next few weeks, we will be releasing a totally revised tokenomics strategy and an all-new tier system that will determine the amount of VPAD tokens you need in order to determine a certain chance of allocation, as well as the size of that allocation.
Stay tuned to our official channels to be one of the first to hear of this exciting, soon-to-be-announced update.
About VLaunch
VLaunch is a fully-backed influencer launchpad that features a combined reach of 20 million+ people across all popular social media channels. With a network of 180+ KOLs (Key Opinion Leaders), VLaunch carries the core mission of becoming the leading launchpad in crypto space.
Committed to powering top-tier crypto projects and NFT collection launches with maximized engagement and community growth, VLaunch has already overseen the launch of several successful projects including CoinWeb (a cross-chain computation platform, Rainmaker (a play-to-earn gaming platform) and Decimate (a third person role playing survival game).
