🛠️Staking
How to Buy VIM
Go to Dex to search for VIM and purchase directly, or you can click "Buy Token" button on the website to purchase.
How to Stake VIM
Visit the Vimverse website's Stake page. Choose "Stake." (If it's your first time, click "Approve.")
Enter the amount of VIM you want to stake in the input bar. If you want to stake all your VIM, click the "MAX" button and then "Stake VIM."
Click the "Confirm" tab in your wallet and sign the transaction.
How to Unstake VIM
Visit the Vimverse website's Stake page. Choose "Unstake." You can see your current staked VIM (sVIM) balance, which is the amount you can unstake, under "Your Staked Balance."
Enter the amount of VIM you want to unstake in the input bar. If you want to unstake all your VIM, click the "MAX" button and then "Unstake VIM."
Click the "Confirm" tab in your wallet and sign the transaction.
Explanation
APY tells you the annualized yield based on the reward rate, considering compounding effects. Therefore, sVIM will increase exponentially.
TVL measures the total dollar amount of all staked VIM in Vimverse.
Current Index allows you to track your earnings from staking. The index starts at 0 rebases and increases with each rebase. If you staked at Genesis (0 rebase) and never unstaked any VIM, your balance today would be X times, where X is the current index.
Your Balance shows the amount of unstaked VIM in your wallet, which is the maximum amount you can stake.
Your Staked Balance shows the amount of staked VIM (sVIM) in your wallet, which is the maximum amount you can unstake.
Next Reward Amount tells you how much sVIM you will get in the next rebase (interest payment).
Next Reward Yield tells you how much your sVIM balance will increase at the next rebase. For example, if you staked 100 VIM and the upcoming rebase is 0.5427%, your sVIM balance will increase from 100 to 100.5427.
ROI (10 day rate) estimates how much your sVIM balance will increase in 5 days if the reward rate remains constant during this period. For example, if you staked 100 VIM and the rate is 8.4577%, your sVIM balance will increase from 100 to 108.4577 in 5 days.
Last updated