Staking, Withdrawal Minimum and Gas Fees

Verasity
Verasity
Published in
3 min readJul 13, 2020

Staking Program

The Staking program will be extended from March 2021 to December 2021. The rewards provided for staking will continue to be 0.1% daily or 36.5% per annum through March 31 2021. After March 31 2021, the staking rewards will be 0.07% daily or 25.55% per year. This staking extension of rewards is non-inflationary as the rewards are already budgeted. The staking capacity will be increased to accommodate this change and the Whitepaper will be updated in due course.

Automated Withdrawals

As security is of paramount importance to Verasity we have provided an opt-in feature for existing VeraWallet accounts that have 2FA enabled and a minimum of 5,000 VRA available for withdrawal. [Updated 1 April 2021]

Speed up Manual Withdrawals

To speed up manual withdrawals we have increased the minimum VRA amount of withdrawal from VeraWallet to 5,000 VRA starting today. This will reduce the number of small withdrawals which are slowing down the process. [Updated 1 April 2021]

Gas Fees

As all of you know Ethereum gas fees have skyrocketed and as a result we have set the TX fee in VeraWallet to 600 VRA. [Updated 1 April 2021]

VeraWallet Security

As over 80,000 users of VeraWallet can attest to, VeraWallet is safe and secure and provides one of the best staking returns in the industry.

Use VeraWallet:

About Verasity.tv

REWARDS BASED PLATFORM FOR ESPORTS, GAMING AND VIDEO ENTERTAINMENT

Verasity provides proprietary technology uniquely rewarding gamers, viewers and publishers. Verasity is a crypto-based platform with the VRA token that aims to revolutionise the online advertising business. With its innovative Proof of View system, advertisers are able to guarantee their video ads are seen and not ignored thanks to smart contracts on the Ethereum chain, while viewers are able to earn VRA simply by watching the content they already consume. Verasity has a focus on gaming publishers and esports.

Verasity revenue streams include:

ame subscriptions, prize pool commissions and video ad revenues. Read about the tokenomics, forecast, buy back and burn here.

📖 Read our latest adoption metrics and one page overview

📈 Find where VRA (ticker) is trading on CoinMarketCap

VRA can be staked for 36.5% annual interest at https://verawallet.tv.

Follow Us:

Medium: https://medium.com/verasity
Twitter: https://twitter.com/verasitytech
Website: https://verasity.io
Telegram Token Discussion: https://t.me/Verasity_Official
Telegram Token Announcements: https://t.me/verasity
Verasity Gaming: https://t.me/verasity_gaming
Facebook: https://facebook.com/verasitytech
LinkedIn: https://www.linkedin.com/company/verasity
Reddit: https://www.reddit.com/r/verasity
Blockfolio Signals: Follow VRA to receive updates straight from the team

Join our local groups, we have support in the following languages

Brazilian chat 🇧🇷 — https://t.me/Verasity_BR
Indonesian chat 🇮🇩 — https://t.me/verasityindonesia
Japanese chat 🇯🇵 — https://t.me/verasityjapanese
Korean chat 🇰🇷 — https://t.me/Verasity_Korea
Persian chat 🇮🇷 — https://t.me/verasity_irn
Russian chat 🇷🇺 — https://t.me/VerasityRU
Spanish chat 🇪🇸 — https://t.me/verasity_spanish
Turkish chat 🇹🇷 — https://t.me/VerasityTR
Vietnamese chat 🇻🇳 — https://t.me/Verasity_Vietnam
Philippines chat 🇵🇭 — https://t.me/verasity_philippines
Indian chat 🇮🇳 — https://t.me/VerasityIndia
WeChat — PM @cryptomeo on Telegram

If you are a Game Developer or Video Publisher and want to grow your audience and revenue by 500% click the link to talk to the team

--

--

Verasity
Verasity

Advertising technology based on open-ledger principles. We have the first patented adtech protocol on the blockchain — VeraViews