Pool A (35% APR)
Number of Stakers: -
Total Staked: - BvsB
APR: Fixed 35%
Wallet Balance: - BvsB
Staked Amount: - BvsB
Claimed Rewards: - BvsB
Pending Rewards: - BvsB
Time to Unstake: 7d
Pool B (-% APR)
Number of Stakers: -
Total Staked: - BvsB
APR: Up to 500%
Wallet Balance: - BvsB
Staked Amount: - BvsB
Claimed Rewards: - BvsB
Pending Rewards: - BvsB
Time to Unstake: 30d
How does Staking Work?
You can lock your BvsB tokens in one of the staking pools and get BvsB tokens as reward. Each pool has a diferent %APR and lock period.
Pool A: Lock Period = 7 days. No minimum amount. APR = 35%.
Pool B: Lock Period = 30 days. Minimum amount to stake in this pool is 1,000 BvsB. The APR is this pool is VARIABLE and equal to the current number of stakers, with a minimum of 10 and a maximum of 500. Can we reach 500% APR ?!
You may unstake your tokens once your lock period expires and reclaim them, along with the staking rewards. Make sure to keep track of the countdown under “Time to Unstake” in each of the staking pools shown above.
You can stake in both pools at the same time. You can also Claim your rewards seperately for each pool at any time. If you wish to stake more tokens, you can do that too (note that it will reset your Time to Unstake).
F.A.Q.
1. How can I start staking?
Connect your wallet, choose a pool, enter the amount you want to stake and click “Stake”. Your tokens will be transferred from your wallet to the contract. You can see your Staking data related to your staked amount, rewards, time to ustake, etc.
2. Can I Unstake my tokens anytime?
You must wait the specified lock duration before clicking "Unstake”. You can see the remaining time for unstaking after you stake (see "Time to Unstake"). You do not have to withdraw your staked tokens after the lockup period ends (you can continue generating rewards), but you are free to withdraw at any time after it does.
3. Where do the rewards come from?
The staking rewards are minted to the stakers directly from the token contract. This way we ensure there are enough rewards forever.
4. Do the rewards increase the token's supply?
Yes, as the staking rewards are minted, they increase the total supply, causing inflation. However, is on the community (through Voting) to decide how the token's price is impacted. For example, the newly generated rewards can be used to "Vote BULL" or restaked to avoid an increase in the selling pressure caused by the increase in the supply.
5. Are there any fees?
The platform does not take any fees. Transactions on the BNB Chain take a very small amount of transaction fee in BNB, but all of our services are free of fees!