VITAL staking 30% APR and migration

Vital Network
2 min readJul 31, 2022

You are now able to migrate your VITAL v1 staked locked/unlocked to VITAL v2.

During the migration your earned VITAL will be automatically reinvested.

You will get a timed out on the transaction because the communication between several SCs does not allow us to have a fast enough callback given that they are on different shards, however you will find that the transaction is successful by viewing the transaction hash on the explorer.

How does it work ?

You now have a “Migrate to V2” button that only appears when you have more than 10 VITAL v1 earned. You just have to click on it and sign the transaction.

You will need to perform this migration for each of the pools in which you are.

Warning: If you migrate your VITAL v1 unlocked to VITAL v2 unlocked, then you will be subject to the 10 days of unbonding.

When you unstake your VITAL V2, a 10-day unbonding period is activated (The amount is not yet displayed but will be very soon)

This is an MVP, we will improve the behavior little by little.

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