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Rewards and Fees

Staking rewards are received for delegating BNB to a whitelisted set of Binance Chain validators. Validators take their cut from rewards before sharing it to the protocol as claimable tokens. The rewards earned are split into two parts:

  • 95% goes to stkBNB holders in the form of stkBNB value appreciation: stkBNB holders’ share of the BNB pool keeps increasing due to the increase in the stkBNB/BNB exchange-rate.

  • 5% goes to the protocol (first 3 months). The protocol fee is managed by a contract, and is targeted towards developmental activities like hackathons, grants, bug bounties, etc. to support long-term growth of the pSTAKE ecosystem.