Protocols     /     Vara Network

Vara (VARA)

Vara Network, a Layer-1 decentralized platform, is revolutionizing the blockchain space with its non-fork upgradable architecture powered by Gear Protocol. Designed for versatility, it supports an array of applications from next-gen gaming to financial services. Through a partnership with SubQuery, Vara Network offers developers a robust, decentralized data indexing solution, simplifying the development process and allowing for a focus on user experience. Vara is already making waves with its live integration, set to reshape the future of Web3 with its open-source tools, documentation, and enterprise-level support.
FIGMENT VALIDATOR ADDRESS:
Coming Soon

Stake VARA

Hidden

Market Data

MARKET CAP

$18.2M

STAKING REWARD RATE (SRR)

13.50%

SRR isn’t always the most reliable metric for understanding your rewards. You can read more here

PRICE

$0.03

AUTO-COMPOUNDING

Yes

REWARD FREQUENCY

ACTIVATION

12 Hours

WITHDRAWAL

7 Days

SLASHING PENALTIES ENABLED

Yes

Highlights

Why Stake Vara Network With Figment?

  • Arrow Robust operation and scalability, thanks to Gear Protocol tech stack.
  • Arrow Vara implements sharding, which divides the network into smaller "shards," allowing for increased network scalability as it grows.
  • Arrow Smart contracts on Vara are fueled by Substrate's framework.
  • Arrow Gas reservation is a mechanism in Vara network that allows users to allocate a certain amount of computational gas for their transactions in advance. This is particularly useful for ensuring that important transactions are processed promptly, as the reserved gas prioritizes their execution.
  • Arrow The ability to delay messages enables users to schedule and execute actions at specified times in the future. This feature is valuable for various use cases, such as executing smart contracts or transactions at specific moments, which can be particularly advantageous for activities like decentralized finance (DeFi) or time-sensitive operations.

RELATED ARTICLES

explore INSIGHTS FROM OUR EXPERTS

Figment’s Q2 2024 Solana Validator Report

This report covers Figment’s main Solana validator and its activity throughout...

Simplifying Staking Data: How Figment’s API Streamlines Blockchain Insights

Why Does Staking Data Matter? Staking data plays a crucial role...

Figment’s Q2 2024 Ethereum Validator Report

This report covers all of Figment’s Ethereum validators that were active...

Bitcoin Layer 2 Solutions: Looking into Stacks and Babylon Chain

The Importance of Bitcoin as a Decentralized Currency Bitcoin, the first...

Solana Staking Made Simple: Introducing SOL Click-to-Stake in Figment App

Solana (SOL) staking is now available in the Figment App! This...

Namada First Look: Redefining Privacy Standards

What is Namada? Namada is a Proof-of-Stake layer 1 blockchain that...

Frequently asked questions

Vara Network FAQ

What is the name of the asset being staked? What is being used for? +

PROTOCOLS

Explore Additional Protocols

Figment supports 30+ established and emerging protocols. Learn how to stake with Figment.

Ethereum
ETH
Solana
SOL
Celestia
TIA
Polkadot
DOT
Polygon
Matic
Sui
Sui
Avalanche
Avax
Cosmos
Atom
Aptos
apt
Near
Near
View All

 

Meet with us

Bring the complete staking solution to your organization.

Hidden

Figment respects your privacy. By submitting this form, you are acknowledging that you have read and agree to our Privacy Policy, which details how we collect and use your information.