VersX
  • Introduction
    • What is VersX
      • Our Mission
      • Key Benefits and Features
      • How we differ from traditional Music Platforms
    • Platform Features
      • Streaming and Discovery
      • Artist Support Mechanisms
      • Marketplace and Utilities
    • Community Engagement
      • Points System and Its Benefits
      • How Users Can Get Involved
      • Future Goals for Community Engagement
  • Products
    • Overview
    • Music Platform
      • Music Library
      • Empowering Artists
      • Affiliate Program
      • Connect & Engage
      • Premium Subscription
      • Payment Gateway
      • Marketing
        • Shiner
        • Booster
        • Trender
    • Multi-chain Swap
      • Solana Swap
      • Guide
      • Smart Contracts
    • Staking
      • Period Lock Staking
      • Daily Staking
      • Referral Rewards
      • Guide
    • Multi Chain Launchpad
      • Create Your Token
      • Set Up Your Presale
      • Smart Contracts
    • Cross Chain Bridge
      • Guide
    • Voting
      • Dashboard
      • Create Poll
      • Participate in Voting
      • Track Results
    • LP Locker
      • Dashboard
      • Create Lock
    • Music NFT's
      • Features
      • How to sell
      • How to buy
    • AI Toolset
  • Beta
    • Video Platform
    • Crowdfunding Dapp
    • Listen-to-Earn Dapp
  • Coming Soon
    • Multi Currency Wallet
      • Dashboard
      • Asset Management
      • Secure Transactions
      • Wallet Management
    • Exchange
  • Lottery
    • Overview
    • Dashboard
    • Guide
  • Marketing
    • Marketing Opportunities
      • Promotional Banners and Featured Listings
      • Audio Marketing
      • Cross-Promotion Opportunities
      • Packages
        • Shiner
        • Booster
        • Trender
  • Affiliate
    • Affiliate Programs
      • Music Platform Affiliates
      • Daily Staking Affiliates
  • Tokenomics
    • Token Supply and Allocation
    • Transaction Fees and Their Purpose
  • Important
    • Supported Networks
    • Smart Contracts
  • Contact and Support
    • Communication Channels
    • Updates and Announcements
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  1. Products
  2. Staking

Daily Staking

Daily Staking on VersX offers users a flexible and dynamic way to earn rewards. By staking VERSX tokens daily, users can enjoy consistent returns while supporting the stability of the VERSX ecosystem. This staking method is designed for those who prefer liquidity and frequent reward distribution.

Overview:

The Daily Staking dashboard provides a comprehensive view of your staking activity. The "Total VERSX Tokens Staked" section shows the total number of VERSX tokens currently staked, along with the percentage of the total supply. Registration Fee, Staking Fee, and Unstaking Fee are displayed, ensuring transparency in the staking process. Users can also see their minimum stake, staking reward, and daily return. The "Your Earnings" section provides a snapshot of total earnings, daily return percentage, referral rewards, and referral count.

Staking Process:

To start staking, users must meet the minimum amount required for staking. The staking section allows users to enter the amount of VERSX tokens they wish to stake. The "Stake" button initiates the staking process, while users can also provide a referrer address if applicable. This feature is useful for users who have been referred by another wallet, enhancing community engagement.

Available Balance:

Shows the available balance of VERSX tokens that can be staked.

Available to Unstake:

Displays the amount of VERSX tokens that can be unstaked at any time, providing flexibility for users who may need to access their funds quickly.

Unstaking:

Users can easily unstake their tokens by entering the amount they wish to withdraw and clicking the "Unstake" button. This process is straightforward, ensuring that users can access their funds when needed. Earnings and Rewards:

The Daily Staking dashboard displays daily returns, showing the percentage of VERSX tokens earned daily based on the staked amount. Users can claim their earnings through the "Claim" button. Additionally, the referral rewards section highlights the number of tokens earned by referring other investors, along with the referral count.

Referral System:

Users can earn extra rewards by referring new investors to VERSX. The referral system displays the referral link, which users can copy and share with potential investors. The referral link ensures that new investors are correctly attributed to the referring wallet, and the referrer earns a percentage of the staked amount from the new investor, excluding the registration tax.

Additional Features:

The Daily Staking platform includes several user-friendly features to enhance the staking experience:

  1. Flexible Staking and Unstaking: Users can stake and unstake their VERSX tokens at any time, offering maximum liquidity and control over their investments.

  2. Earnings Overview: A clear and detailed overview of daily returns, referral rewards, and total earnings, helping users track their staking performance.

  3. Referral Rewards: An integrated referral system that allows users to earn additional rewards by bringing new investors to the platform. The referral link can be easily copied and shared.

Example Scenarios:

Staking 10,000 VERSX Tokens:

  • Daily Return: 1% (for illustrative purposes)

  • Daily Earnings: 100 VERSX Tokens

  • After 30 Days: 3,000 VERSX Tokens in rewards

  • Referral Earnings: Additional VERSX tokens earned based on the number of referred investors and their staking amounts.

Conclusion:

Daily Staking on VERSX provides a flexible and rewarding way to earn consistent returns on your VERSX tokens. With features like flexible staking and unstaking, detailed earnings overview, and a robust referral system, users can maximize their earnings while supporting the VERSX ecosystem. Whether you are a seasoned investor or new to staking, VERSX Daily Staking offers a user-friendly and efficient platform to grow your crypto assets. Join the VERSX community today and start earning daily rewards with our innovative staking solutions.

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Last updated 11 months ago

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