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Stake BGT with Kiln, enterprise-grade staking
Berachain
What is Berachain?
Berachain exhibits high-performance capabilities and EVM compatibility. Its foundation lies in the innovative Proof-of-Liquidity consensus mechanism.
This novel approach not only upholds the security of the network but also establishes a robust synergy between Berachain validators and the diverse ecosystem of projects.
How is BGT Proof-of-Liquidity implemented?
Within the Berachain ecosystem, the Proof-of-Liquidity (PoL) consensus mechanism is a pivotal element, rewarding validators with BGT tokens upon successfully proposing a new block.
The selection of validators for block proposition or attestation to proposed blocks occurs randomly. In acknowledgement of their role in network security, validators receive rewards in the form of transaction fees and block rewards.
This financial incentive not only fortifies the network but also encourages active user participation in its maintenance.
Why should you stake your assets?
Staking is one of the safest and most predictable ways to get rewarded in the crypto space as the value originates from the blockchain’s native currency inflation and a share of transaction fees. You help secure the network and get rewarded by staking your BGT.
If you do not stake, your asset's token share will be diluted among other people’s tokens that are being staked and accumulating new tokens into the network.
You can stake your BGT as well as other (d)PoS cryptocurrencies to:
- 1Put your treasury to work
- 2Diversify and earn, while contributing to blockchains decentralization
- 3Bring new opportunities by enabling your users to earn staking reward
How to stake BGT with Kiln?
Stay tuned for a guide on how to stake BGT with Kiln upon mainnet.
Reach out to us if you’re an institution wanting to stake BGT with Kiln.
Why should you stake your BGT with Kiln?
Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake BGT, and to whitelabel BGT staking functionality into their offering. Our platform is API-first and enables fully automated validators, rewards, data, and commission management.
We are serving thousands of businesses worldwide so that everyone can securely and seamlessly. Our clients can stake their tokens from our dashboard, a hardware wallet, a browser wallet, a B2B custodian, a crypto exchange, or just their favorite investment app. Kiln makes staking BGT easy, secure, and accessible to everyone.
- Excellent track record in staking on 25+ protocols, managing more than $4b in stakes.
- Trusted by industry leaders such as Ledger, Lido, Coinbase Cloud, Bitpanda, Crypto.com and many more!
- Non-custodial, work with your existing custodians solutions e.g.Ledger, Fireblocks
- SOC 2 Type II certified and Industry leading SLAs (0 penalties recorded and 99.95% effective uptime)
Protocol card:
Token
BGT
GRR
Pending mainnet
Number of validators
Pending mainnet
Consensus
PoL
Berachain FAQ
What does Proof-of Stake mean?
Proof-of-Stake (PoS) is a type of consensus mechanism used to validate cryptocurrency transactions. Through PoS, validators can contribute to the block production of a chain while keeping environmental concerns to a minimum, which is becoming an increasingly large issue in Proof-of-Work.
By staking capital rather than energy, validators risk losing a portion of their value and future potential for staking by misbehaving while creating blocks. This incentives collaboration and fair practices while validating information in a similar way that PoW has with incentives and punishments to curtail malicious activity in the consensus process.
When will I receive BGT rewards?
Validators are rewarded every block on Berachain.
Does interest compound when staking BGT?
No, the interest doesn’t compound when staking BGT.
Is there a minimum and maximum amount to stake for BGT?
There is no minimum stake amount.
Do I maintain custody of my BGT tokens? Is BGT staking non-custodial?
While you may maintain self-custody of your staked BGT (ideally using a Ledger hardware wallet), you may also choose a third-party custodian to control the withdrawal of your staked BGT (i.e. Fireblocks).
What is a Gross Reward Rate (GRR) and how is it different from a Net Reward Rate (NRR)?
In the context of Proof-of-Stake blockchains, the gross reward rate (GRR) refers to the total or gross amount of rewards earned from staking before deducting any fees or expenses. This is a reward rate that fluctuates with the operations of the protocol and the performance of validators, it is not set by Kiln. The net reward rate (NRR), on the other hand, takes into account the deductions or expenses, providing a measure of the actual rewards received after subtracting fees or costs.
Where can I learn more about Berachain?
You can learn more about Berachain on their official documentation.