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

Stake BNB

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Market Data

MARKET CAP

$92.5B

STAKING REWARD RATE (SRR)

0.63%

SRR isn’t always the most reliable metric for understanding your rewards. You can read more here

PRICE

$601.17

AUTO-COMPOUNDING

No

REWARD FREQUENCY

1 Epoch (Daily)

ACTIVATION

Immediate

WITHDRAWAL

7 Days

SLASHING PENALTIES ENABLED

Yes

Highlights

Why Stake BNB With Figment?

  • Arrow 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
  • Arrow Binance schedules quarterly $BNB burns, to reduce the supply of $BNB
  • Arrow BNB Chain combines EVM-compatibility and the fast transaction times of the PoSA to deliver a favorable interoperability solution

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Frequently asked questions

BNB FAQ

Do I maintain custody of my BNB tokens? Who or what controls my staked BNB token? +

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