Why You Should Stake Your VTEX Tokens

Vertex is the world’s first OTC market for tokens, where investors can access pre-evaluated tokens at preferential prices.

Staking your VTEX tokens has a number of unique benefits outside of the standard framework. Traditionally, staking your tokens is a way of supporting a network while simultaneously earning some kind of regular income from crypto. Whether or not you choose to stake is entirely up to you, but Vertex offers users with staked tokens benefits that those with non-staked tokens will not see.

For a start, when staking you commit yourself to the network that is empowering you. As a Retail investor, you’ll receive tokens at discounted prices and face a reduction in fees. Transacting with non-staked tokens will cost you a fee of 1%, which can be reduced by 0.1% for every 100 tokens that you have staked (with the minimum fee being 0.1%).

Institutional investors looking to sell will only be able to do so when they have staked their tokens. As far as fee reductions go, the same applies as to retail investors. However, since Institutional investors will have much higher quantities of tokens, they are expected to stake 10,000 tokens to receive a reduction of 0.1%.

Contrastingly, Vertex will take 30% of the fee that occurs as a result of a non-staked transaction. Vertex then buys VTEX tokens from the market and locks them on the public exchange. This mechanism ensures circulation of VTEX and helps to support the price.

Want to find out more about Vertex? Head to https://vertex.market.