Stake for BNB Chain
1 Overview
Staking BNB tokens on the BNB Chain allows users to earn staking rewards through the proof-of-stake (PoS) consensus mechanism. When a user stakes their tokens, they are essentially locking them up in order to help secure the network and validate transactions. In return, they receive a share of the transaction fees generated on the network, which is paid out in the form of staking rewards. These rewards are distributed to stakers on a regular basis, typically every week or month.
The staking information is highlighted in the table below:
Minimum Staking Amount | 1 BNB. |
Rewards Distribution | Automatically distributed to the stake address. |
Unbonding Period | 7 Days. |
Compounding | No auto compounding. |
2 Stake
Before you can start staking BNB, you will need to download the Binance Wallet Chrome extension. This extension allows you to securely manage your BNB tokens and interact with the BNB Chain network.
Navigate to Safe Stake on your InfStones dashboard and click Stake Now
button.
Select BNB Chain
and confirm that you want to stake on the InfStones BNB Chain Validator Node
.
Click Binance Wallet
to connect your wallet.
Once your wallet is connected, you should see your address and total available balance displayed. The next step is to enter the amount of BNB you want to stake, as shown below.
After entering the amount of BNB you want to stake, click Stake and confirm the transaction in your Binance wallet. Once you've confirmed it, a new popup will appear, confirming the success of the stake.
3 Receive Reward
Reward automatically distributed to the staking address.
4 Unstake
To unstake your BNB tokens, go to detail page, click Unstake
button as shown below.
Next, connect your wallet and enter the amount of BNB you want to unstake.
Click Unstake
button and verify the transaction in your connected wallet to complete the process.
5 Stake and Reward History
InfStones now provides an intuitive analytics feature that lets you easily access your stake, unstake, and reward histories. This feature is especially helpful for users who want to monitor their staking activity and track their rewards over time.
Updated 2 months ago