FAQ Category: Staking
What is staking?
nnDeFi staking is a practice that enables a user of a Decentralized Finance (DeFi) Platform to act as a validator for transactions and earn profit for doing so.
What is the Annual Percentage Rate (APR)?
The APR is the total % that can be generated over a period of a year.
Why would I stake?
By placing your BTAF tokens into our staking contract, the number of tokens you are holding may be increased. That way you could have more BTAF to use to purchase goods and services on www.BitcoinTAF.com.
What happens if I don’t unstake my tokens or rewards after the contract reaches maturation?
Nothing – Your tokens are safe and sound in the contract until you unstake/claim. However, rewards stop accumulating after the contract expires.
What happens If I have unclaimed rewards after I have unstaked my token, can I still claim them?
Yes, you can! Claiming rewards and Unstaking tokens are two separate processes.
Is there a penalty for unstaking?
You can unstake your tokens without a penalty provided that the contract has reached maturation. Unstaking penalties do apply, however, if you unstake before the contract matures. Please see the Staking T’s&C’s section of the website for more information
Is there a fee for claiming rewards?
You may withdraw the available rewards at any time and as many times as you want without penalty. If you choose to (re)stake them into the contract, that action will create a separate “agreement” with the staking contract – they do not pool into any other staked amount. Each agreement is separate and subject to […]
Do my rewards compound?
The rewards in the contract are generated based on a linear calculation and do not auto compound – it’s a flat rate. That is, the number of rewards your stake generates are the same number daily.nRewards already generated are not compounded into the initial staked amount so your staked tokens will generate the same number […]
How do I stake my tokens?
Information can be found here BTAFtoken.ionnnHow to stake your tokens on BTAFtoke.io from Bitcoin Trend and Forecast on Vimeo.nnLearn how to stake your BTAF tokens on www.btaftoken.io.
Will I incur gas fees when staking?
Gas fees are the fees that you pay any time you transact with the blockchain network.nIn our case when staking, gas fees will be applied by the blockchain network, in the form of BNB, which will be deducted from your MetaMask wallet when making the transaction.nThe BNB fee will change according to the congestion on […]
