Staking Program: How To Guide

Voi Foundation
4 min readSep 29, 2024

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Please use this guide to help you take advantage of Voi’s Staking Program. Additional announcements pertaining to this program are available below at the end of this guide. Refer to them for background information on Voi’s Staking Program. The staking program is the last opportunity to get in early to Voi and gain access to large bonuses for locking up your tokens.

We recently developed two helpful guides that provide a comprehensive step-by step process to support community members in acquiring tokens that can be bridged as $VOI on the Voi blockchain, and a step-by-step process for locking up these $VOI tokens to earn a lockup bonus and additional block rewards. Both guides include all information presented later in this announcement.

Guide #1: Acquiring and Bridging Voi

Guide #2: Staking on Voi & Earning Block Rewards

1. Be Cautious of Scams

Only follow links provided through official Voi communications, such as this Medium account or our official Discord and website. Scammers may attempt to impersonate our channels or our token — always verify sources.

There are already fake Voi tokens created on Algorand, always verify the asset ID.

2. Acquire Voi Tokens

You have several options to acquire Voi tokens, we suggest reading this Detailed Guide to Acquiring & Bridging Voi, which will provide a more comprehensive step-by-step process to acquiring Voi than the summary presented below.

A. Centralized Exchanges (CEX):

B. Decentralized Exchanges (DEX) on Bridged Networks:

C. USDC on Voi Network:

3. Visit the Official Staking Program Website

Access the staking platform through the official Voi website:
https://staking.voi.network/staking

Always use links provided in official communications to avoid scams.

A comprehensive step-by-step guide to staking, locking up your tokens and earning additional block rewards can be found in this Guide to Staking on Voi and covers in detail information presented in sections 3 through 7.

4. Lock Up Your Tokens in the Contract

Choose your desired lockup duration (ranging from 1 to 18 months) and lock up your tokens in the staking contract to gain bonus rewards.

The earlier you lock up, and the longer your lockup period, the higher your bonus — up to 100%.
- Detailed Guide

5. Wait to Receive Your Full Airdrop to Your Contract

Once your tokens are locked up, on October 28th you’ll receive your full bonus airdrop to your contract before block rewards begin. This ensures that you maximize your participation from the outset. Your lockup and vesting periods will commence thereafter.

6. OPTIONALLY — Stake All of Your Tokens in Your Contract on a Node

After or before the contracts are funded you can use the tokens in your contract, including any airdrop bonuses, to secure the network by staking them on a node. This includes both locked and vesting tokens. By doing this, you will be able to start earning block rewards once they begin while your tokens are locked up and vesting.
- Detailed Guide

A — Automatic

  1. Run the Voi Swarm installation script again.
    /bin/bash -c “$(curl -fsSL https://get.voi.network/swarm)"
  2. If that didn’t work, ensure you have imported the “owner account” into Voi Swarm if you haven’t already.
    ~/voi/bin/import-account

B— Manual

  1. For each contract here: https://staking.voi.network/overview
  2. Copy Contract Account.
  3. Open Your Node Terminal.
  4. ~/voi/bin/generate-participation-key <account_address>
  5. ~/voi/bin/goal account partkeyinfo
  6. Find your Contract Account’s Partkey Info.
  7. Go back to the staking website click Earn Block Rewards.
  8. Fill in all the fields.
  9. Sign the transaction.

7. Access Your Locked-Up Tokens After They Have Vested

After the vesting period concludes, your tokens will be unlocked and accessible via the official staking website. Vesting works on a monthly basis — for a 12-month vesting, you’ll receive 1/12 of your tokens at the end of each month. Importantly, block rewards earned are accessible immediately, without additional lockup or vesting required.

Related Announcements:

Foundation Announcement

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Voi Foundation
Voi Foundation

Written by Voi Foundation

The official medium of the Voi Foundation

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