To receive 20% extra staking rewards on subscribing with Stader BNB, please read the below terms and conditions
- Users who subscribe to Stader BNB by providing their valid Email ID will receive an email with the steps to apply for the extra 20% staking rewards
- Only new users are eligible for the extra staking rewards. New user is defined as users who have never interacted with Stader BNB contracts before 1st March 2023.
- Extra staking rewards will be accrued in $SD tokens and will be based on the net BNB staked by the user with Stader
- These rewards will be provided for the 1st month of staking only
- Additional SD Rewards will be airdropped at the last day of every month i.e. Mar 31, and so on
- Max staked BNB eligible for the rewards = 100 BNB i.e. if you stake > 100 BNB, only 100 BNB will be eligible for additional rewards
- The above extra staking rewards shall accrue only if users do NOT participate in any DeFi strategy i.e. mint and hold BNBx in your wallet. The users will earn the extra staking rewards only upon staking the above stated amount and holding the BNBx in their wallet.
- For the purposes of additional reward calculation, the value of staked BNB and staking APY that will be considered will be the daily calculated net BNB amount staked and the daily staking APY
Example Cases and Indicative Rewards:
Assumptions: |
|
BNB Price |
$300 |
BNB Staking Rewards Through Stader Smart Contracts |
4% |
BNB Staked |
Rewards Boost |
Total Boosted Staking Rewards |
Boosted Annual Rewards in SD (on Top of Base Staking Rewards) |
Total Annual Rewards (SD + BNB) |
50 BNB |
20% |
4.8% |
$120 |
$720 |
FAQs
Step-by-Step Tutorial - https://www.youtube.com/watch?v=6Av1ehCPg5c
- How is the net BNB amount staked calculated?
Net BNB amount staked = BNBx held in wallet x Prevailing BNBx:BNB exchange rate