Staking, Withdrawal Minimum and Gas Fees

VRA Staking Program Extended to 2025

Verasity is pleased to officially announce that the Verasity Staking Program has been extended for another year to 31st March 2025!

The daily reward rate will be 15% per annum. The continued rate will be effective from 1st April 2024. The minimum amount of VRA to be staked continues to be 10,000 VRA, and there are no other changes to the staking terms.

The minimum amount for withdrawal from the VeraWallet remains 5,000 VRA and the fee for all withdrawals is also unchanged at 700 VRA. We continually monitor Ethereum network costs and will update the community should the withdrawal fee be required to change.

Do I need to do anything?

No. If you’re already staking, your VRA tokens will remain staked and begin accruing rewards at the new rate beginning on the 1st April, 2024. There is no action required on your part. There will be no need to restake your VRA.