Hi, everyone, Bxie Infinity’s staking pools have been launched!
Players who have BXS or BLP in their wallet are eligible to stake them in pools to generate return.The staking pools will last 360 days in the first period with the total reward of up to 100 million BXS, after that, the pools will be determined by the community.
Staking pools allow users to lock their cryptos in the smart contract to earn a flexible APY of up to 400%. You can choose from a variety of lock-up periods (7 days, 14 days, 30 days etc.) . During the lock-up period, you can't withdraw your funds but you can claim your rewards or migrate it to another pool.
How can I stake my coins?
Step 1: Sign in with your account
https://www.bxieinfinity.com/staking
Step 2: Click “Staking”
Step 3: Choose a pool and approve
Step 4: Confirm your transaction
Is the APY fixed?
The staking APY may vary depending on the market.
Can I withdraw my deposit during the lock-up period?
Sorry, you can’t withdraw your assets during the lock-up period.
What is migration?
Migration allows users to migrate the funds from one pool to another, after it is finished, the new APY will be updated.
What is an invitation reward?
You will receive 10% of your friend’s purchased amount and staking reward as commission.
When can I claim my staking rewards?
You can claim it at any time, but we recommend you claim it after the reward values more than $10.
Is there a withdrawal fee?
Every withdrawal will have a 5% tax and the deposit is free. Like the marketplace, we charge a 5% fee from sellers and 0 fee from buyers. The tax will be used to reward staking and scholarship.
This is rubbish
Very thanks to project very nice