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On this page
  • How to vote for a validator.
  • How to Unvote for a validator?
  • How to Withdraw?
  • Reward Distribution
  1. General
  2. Staking

How to stake on Viction Wallet

PreviousStaking RewardsNextNetwork Information

Last updated 1 year ago

How to vote for a validator.

Staking/Voting is a function to help you stake your VIC to earn profits right in the Viction Wallet. You need to prepare at least 10 VIC for each vote.

This approach is mostly used for users who already have their own wallets.

Step 1: Access to Viction Wallet.

If you do not have any voting/unvoting, you will see the onboarding screen.

If you have already voted, you will see the screen below.

Step 2: Select a validator then input the vote amount and click Review button;

Step 3: Recheck the information and Confirm to complete**.**

How to Unvote for a validator?

After unvoting, your unvote balance will be withdrawable after 48 hours.

Step 1: Choose the validator you want to unvote, then click Unvote;

Step 2: Input the unvote amount, then click Review;

Step 3: Confirm the transaction.

How to Withdraw?

To withdraw after unvoting, you need to wait until the VIC is unlocked from the smart contract after ~48 hours (96 epochs). Then click the Withdraw button on the Staking feature screen.

Step 1: On the home screen, click Withdraw;

Step 3: Confirm the transaction

Reward Distribution

For every epoch (~30 minutes), Voters and Masternodes automatically receive rewards.

Notes:

  • Ensure you have sufficient funds in your staking wallet for voting or unvoting.

  • Transactions may take some time to process.

  • Double-check all details before confirming any transaction to avoid errors.