How To Claim Rewards
Last updated
Last updated
The delegators get the rewards based on the staked amount, APY and commission being charged by the validators.
The rewards are calculated and distributed periodically (every 24 hours).
Earned rewards can be claimed at anytime.
There is no penalty on rewards in case you unstake your delegated tokens. You will get the earned rewards (if any) even after you have unstaked your tokens.
Here is step by step guide to claim the earned rewards:
First you need to visit the Vanar dPoS site at http://staking.vanarchain.com
Then you need to connect your wallet that you have used to delegate some VANRY tokens to the validator(s). Make sure that the correct wallet is connected to the dApp - you can verify this by looking at the connected wallet in the top right corner of the dApp.
You can view your staked (Delegated) tokens under the "My Account" section.
Track your earned rewards here, and unstake your tokens whenever needed.
View your detailed history here, including actions like staking, unstaking, claiming rewards, and reclaiming your staked tokens.
Here, you can track your earned rewards and manage your delegation. You’ll be able to monitor your accumulated rewards in real time and see how your chosen validator is performing. Additionally, you can initiate the claim rewards process from the same interface.
Select the validator from which you want to claim your reward, then click the "Claim Reward" button.
The process of claiming the earned rewards is very simple. All you need to do it to select the validator that you used to delegate your token. If you see any rewards showing for your connected wallet, then you are good to claim them right away. You just need to click on "Claim Rewards" and follow the process to claim the rewards. Also note that the earned rewards are separatley claimed if you have staked with multiple validators.
Review and confirm your reward amount. Click on the "Confirm" button to start the process.
A pop-up window will appear from your wallet for final confirmation.
Review the amount and estimated gas fee, then click CONFIRM if everything is correct.
Your connected wallet will prompt you to review the claim reward transaction details, including the amount of tokens you’re claiming and the estimated gas fee. This step ensures that you’ve double-checked everything before confirming the transaction on the blockchain. Once confirmed, the transaction becomes irreversible, so it’s important to carefully review the data!
Wait for the transaction to be processed.
Once confirmed, you will be redirected to "My Account" section.
The blockchain will now process your claim reward transaction. Depending on the network's congestion, this may take a few seconds or minutes. Once the transaction is confirmed by the network, your tokens will be claimed in your Wallet.
Successful rewards claim is marked as ‘’Claimed’’. You can see all the rewards that you have claimed across all the validators under "Transaction History" in "Claim Reward" section.