📺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.
Last updated
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.
Last updated
Verify Betfin Pass: Ensure you have a Betfin pass in your wallet.
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.
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.
Duration: Stakes are locked for 20 cycles, with each cycle lasting 4 weeks, from Monday to Monday at 12:00 UTC.
Increasing Stakes: If the results are negative, consider increasing your stakes to have a larger share compared to others.
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
