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Staked
67%
Staked
0%
Unstaked
33%
Unstaked
0%

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Staking BitSong

Staking Stats

Est. Reward Rate APY

19.71%

Reward Change 24H

-0.01%

Reward Change 30D

-1.35%

Asset Market Cap

$1.2M

Staking Market Cap

$774.3K

Tokens Staked

77.6M

Percent Staked

66.66%

BitSong staking is on the decline this month.

The current estimated reward rate of BitSong is 19.71%. This means that, on average, stakers of BitSong are earning about 19.71% if they hold an asset for 365 days. 24 hours ago the reward rate for BitSong was 19.71%. 30 days ago, the reward rate for BitSong was 19.98%. Today, the staking ratio, or the percentage of eligible tokens currently being staked, is 66.66%. In other words, there are 77.6M of BitSong staked, which means that BitSong has a staking market cap of $774.3K. This is compared to a total asset market cap of $1.2M.

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Benefits of staking BitSong

Put your crypto to work

Staking can be a way of making your BitSong work by generating rewards, rather than collecting dust in your crypto wallet.

Support the projects you like

Staking can also be a way to contribute to the security and efficiency of BitSong. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions.

It’s passive income

You can enroll with just a few clicks or when you join staking pools. While BitSong is not available to stake on Coinbase, it is available to trade. Sign up to trade BitSong today.

FAQ

How to stake BitSong?

You can earn rewards for BitSong through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.

When can I start earning rewards with BitSong?

You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.

What are the risks around staking BitSong?

Staking requires your BitSong to be locked on the protocol in order to earn rewards. During this time you won't be able to trade or transfer your BitSong. The lock up periods are defined by protocols and can range from a few hours to a few days. Coinbase does not impose any lock up periods. No additional lockup periods are imposed by Coinbase.

How much can I make staking BitSong?

The current estimated reward rate of BitSong is 19.71%. This means that, on average, you can earn about 19.71% for current block/epoc rewards for BitSong.

How many BitSong tokens are currently staked?

Currently, 77.6M are staked, which means that the staking market cap of BitSong is $774.3K.

What percentage of BitSong is currently being staked?

Of the available tokens, 66.66% is currently staked.