Protocols / BNB
BNB (BNB)
The BNB Chain is an EVM compatible chain that uses the Proof of Staked Authority consensus mechanism (PoSA) posed as a solution to bring programmability and interoperability to the Binance Chain. PoSA can be seen as a hybrid between Proof of Stake and Proof of Authority mechanism.
Figment Validator Address:
0x477cB5d87144b2a6d93f72e32f5E01a459260D68
Market Cap
$88.1B
Staking Reward Rate*
3.41%
Price
$603.89
Auto-Compounding
No
Reward Frequency
1 Epoch (Daily)
Activation
Immediate
Withdrawal
7 Days
Slashing Penalties Enabled
Yes
*Staking Reward Rates (SRR) vary based on network conditions, delegation size, and infrastructure optimizations. Contact our team to explore your potential rewards.
Why Stake BNB With Figment?
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The BNB Chain relies on a network of 21 validators, via the PoSA system ensuring that the most bonded validator candidates of staking, become active validators and produce blocks
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Binance schedules quarterly $BNB burns, to reduce the supply of $BNB
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BNB Chain combines EVM-compatibility and the fast transaction times of the PoSA to deliver a favorable interoperability solution
Explore Insights From Our Experts
BNB Staking FAQ
Do I maintain custody of my BNB tokens? Who or what controls my staked BNB token?
What wallet can I use?
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