Stake
Why should I stake my BNB?
Staking BNB allows you to participate in the Binance Chain's consensus (securing the network) and earn rewards in the form of newly issued BNB tokens. It's a way to generate passive income from your current BNB holdings.
How does liquid staking offer advantages over simple staking?
Liquid staking provides you with a representative token (like BNBx) that can be traded or used in DeFi protocols while still earning staking rewards. This significantly enhances the liquidity and utility of your staked assets.
What is the minimum and maximum amount of BNB that can be staked with Stader?
Minimum limit - The minimum amount that can be staked with Stader is 1 BNB.
Maximum limit - There is no upper limit on the amount of BNB which you can stake with Stader.
How many BNBx tokens do I receive after staking my BNB?
The number of BNBx tokens you receive depends on the amount of BNB you stake and the current BNBx-to-BNB exchange rate. For a simple calculation, you will receive BNBx tokens equal to the amount of BNB staked divided by the exchange rate. For example, if you stake 10 BNB and the current exchange rate is 1.2, you will receive 10 divided by 1.2, which equals 8.33 BNBx.
How to add BNBx to your wallet's token list?
If you have not imported BNBx as a token in your wallet, you can do so by clicking the “Add BNBx” button above the input box on the Stader-BNBx dApp. After clicking this button, you just need to provide confirmation/approval from your wallet, and MaticX will be imported and visible in the list along with other tokens. Please note that you will need to perform this action separately for the Ethereum and Polygon networks.
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