📊Staking
Basics of Staking $BS
What is Staking?
Staking involves locking up a certain amount of $BS within the platform for a predetermined period. In return, stakers receive rewards in the form of additional $BS tokens, essentially earning interest on their staked amount.
Why Stake $BS?
Staking offers multiple benefits:
Passive Rewards: Earn rewards in the form of additional $BS tokens.
Enhanced Platform Loyalty Bonuses: Staker get preferential treatment in terms of bonuses, offers, or game access.
Supporting the Ecosystem: By reducing the circulating supply temporarily, staking can contribute to token price stability and increases.
How Rewards are Distributed
Rewards are calculated based on the staked amount and the duration. Rewards can be claimed at any time through the website and can be used in the casino, re staked or kept in your wallet. At the end of the staking period, the initial staked tokens plus any unclaimed rewards are released to the staker wallet.
Multiple Purchases & Staking
When you purchase and immediately stake your $BS and subsequently purchase again, your previously accrued staking rewards will be automatically claimed to your wallet. Meaning if you wish to stake those claimed rewards you will need to stake them via our staking page on Betsloty.
Staking Locking Period
While $BS is in the presale stage, any tokens that are staked are locked in the staking contract until launch day + 15 days. Rewards that are accrued in that time however can be claimed at any time and can be used in the casino, kept in your wallet or re staked to compound your holdings.
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