Binance Smart ChainBNB
Binance Smart Chain is a smart contract platform with Ethereum Virtual Machine (EVM) compatibility.
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- How to stake BNB?
Staking with Binance Smart Chain is very easy and utilizes a lot of the tools that are compatible with the Ethereum infrastructure.
- Convert your BNB to Binance Smart Chain
- Go to https://www.binance.org/en/staking
- Connect your wallet
- Delegate to a Validator in the network
- Earn a share of Network Transaction Fees in BNB
- How much can I make staking BNB?
Binance Smart Chain has no inflation and thus the rewards are relatively low compared to other Proof of Stake Blockchains.
Only Transaction Fees are being paid as block rewards to validators. The more fees are being paid in the network, the higher are the rewards for validators and delegators.
Make sure to play with our Binance Smart Chain BNB Staking Calculator in order to make assumptions how much you could be earning when transaction fees in the network increase.
- How to run a Validator on Binance Smart Chain?
Binance Smart Chain has a maximum of 21 active Validators in the network.
In order to be voted into the Top 21 Validator set and start earning rewards, you need more BNB in voting power as the 21st Validatoreither either from yourself or your delegates
To register, you are required to pay 10 BNB in fees.