StarGate has been live for a couple of months now with almost $1.1B+ $VTHO distributed as rewards. IYCMI, Stargate is @vechainofficial's main staking hub offering up to 9% APY. Here's a quick guide + overview 🧵
1. What's StarGate? StarGate has introduced a new onchain staking model where users can stake $VET directly through the VeChainThor blockchain. Participation is represented by NFTs, ensuring the process is transparent and verifiable onchain.
2. $VTHO Rewards To incentivize participation, VeChain allocated 5.48 billion VTHO to boost APYs during the program's first six months. $VTHO is a tradable token that you can exchange instantly; it's not some useless points. There are different tiers with different APY & VTHO rewards. You can view them here:
3. VeWorld x StarGate To stake, you'll need to set up a VeWorld wallet; it's the official wallet for the VeChain ecosystem. You'll be able to track all your coins & rewards seamlessly inside one wallet interface. You can get it here:
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