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BETFIN DOCS
STAKING MANUAL
STAKING MANUAL
  • 📺Welcome to Betfin Staking
  • 📈STAKING USER MANUAL
    • 📺Conservative Staking Manual
      • 💰Example of conservative staking
    • 📺Dynamic Staking Manual
      • 🚀Dynamic Staking Example
  • 🎯STAKING TERMS
    • 🎯Conservative Staking Terms
    • 🎯Dynamic Staking Terms
    • 🎯Accounting Window & Terms
  • STAKING EXPLANATION
    • 🔑Staking revenue model
    • 🐟Staking Pools & Scalability
    • 📊Conservative Pool Accounting
    • 📊Dynamic Pool Accounting
      • Scenarios in Dynamic Staking
    • 🤯What is an Accounting Window
    • 📗Staking FAQ
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  • Steps to Stake:
  • Tips:
  1. STAKING USER MANUAL

Dynamic Staking Manual

Dynamic staking allows you to generally become a "casino owner". As a dynamic staker, you are supplying your BET tokens to the winning bank and gain on lost bets on lotto games.

PreviousExample of conservative stakingNextDynamic Staking Example

Last updated 6 months ago

Steps to Stake:

  1. Verify Betfin Pass: Ensure you have a Betfin pass in your wallet.

  2. Stake BET Tokens:

    • Connect your wallet.

    • Navigate to the dynamic staking section.

    • Enter the amount you wish to stake (must meet the minimum requirements set by the terms).

    • Confirm and lock your tokens for the staking period.

  3. Rewards:

    • Rewards are distributed at the end of each staking cycle.

    • The rewards distribution happens once for all participants, and you do not need to claim them individually.

  4. Duration: Stakes are locked for 20 cycles, with each cycle lasting 4 weeks, from Monday to Monday at 12:00 UTC.

  5. Increasing Stakes: If the results are negative, consider increasing your stakes to have a larger share compared to others.

Tips:

  • Risk Awareness: Be aware that there is a risk of losing tokens. One unlucky spin can reduce the dynamic pool by up to 5%.

  • Staking Strategy: Regularly increase your stakes, especially after negative rounds, to maintain a favourable position in the staking pool.

  • Reward Distribution: Understand that the profit-sharing process involves distributing rewards proportionally to all stakers.

For more detailed accounting information, refer to the Dynamic Pool Accounting

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