BenPay allows users to stake their BFC tokens with designated validators on the network.
This mechanism not only provides rewards for stakers but also incentivizes node validators, thereby achieving the network's optimal performance. After staking BFC tokens, users will receive compounding rewards paid in BFC at the end of each staking period.How to stake your BFC?
1. First, visit the Staking portal: https://www.benpay.com/staking
2. Click "Connect Wallet" in the top-right corner of the website to log in to BenPay.
3. Click "Stake Now."
4. Select any Validator and click "Confirm."
5. Choose the BFC token, enter the amount you want to stake, and click "Stake Now." You will then be prompted to sign the transaction and enter your payment password to complete the staking process (Stake Successful).
You can view your staked amount and rewards on the Stake page.