How do I stake cryptos on the Venga app?

Staking assets in the Venga app is a straightforward process. Follow the steps below to get started: 

There are two ways of accessing the Earn main dashboard:

  1.  By tapping the earn button next to the swap button.
  2.  On the lower right side of the menu next to “wallet”.

After tapping either button you will be taken to the main earn dashboard where you can see the assets available for staking and the different products available (fixed or flexible staking). When an asset is available for staking, it will appear in the list of available assets. 

An asset might not be available for staking for two reasons:

       1. The user does not hold that asset in his wallet.

       2. No staking is currently available for that asset or any asset.

 

Screenshot of the Earn dashboard showing available staking assets

Tap on a specific asset that you want to stake, you will be able to see a screen with more information about that specific asset like:

  • RPY (Rewards per Year)
  • The start date of staking
  • End date of the lockup period
  • Processing time (the amount of time it takes your asset to be available in your wallet after the lock-up period ends)

In this same screen at the bottom, you will be able to choose the amount you want to stake and will be able to see the available amount of tokens you have. 

 

screenshot of the page where users can select the amount to stake, they can also see additional information like processing time, start and end date...etc

After entering the desired amount and tapping continue the asset will be staked for the specified time shown in the previous screen. You will see a confirmation like this:

screenshot showing staking successful

If you tap “Done” you will be redirected back to the main Earn dashboard where you will have two different tabs:

  • Available: Assets you have in your wallet that are available to stake. 
  • Staked: Assets that you currently have in staking.

After tapping on a specific asset on the staked screen you will be taken to the following page where you can see additional information about that staked asset: 

On the top right of the Earn main dashboard, you can also tap a button where you will redirected to the screen below where you can see your entire Earn History divided into three tabs:

  1. All
  2. Ongoing
  3. Finished

After selecting any asset you will be redirected to the rewards history for that specific asset. If you tap on any upcoming rewards you can see all the details of that period and asset. 

By following these simple steps, you can stake your assets and begin earning rewards in just a few clicks.

 

Was this article helpful?
0 out of 0 found this helpful