How to Start Staking BNB on NerveNetwork
Tutorial for BNB cross chain staking on NerveNetwork
- We recommend using MetaMask for this tutorial
Log in or set up a new Nerve Wallet at https://wallet.nerve.network/
Select Account and scroll down to the BNB asset and select Cross-Into.
You can transfer your BNB manually or import the private key directly for the cross-chain transfer.
Add BSC_MAIN network in the MetaMask plugin, the address needs to have BNB and other BEP20 assets.
The first asset cross-chain transfer requires authorization similar to the ETH network.
To do this follow the instructions below.
- Select an asset, click on the cross-chain transfer button, and a pop-up window will appear.
- Select the BSC network (MetaMask currently selects the BSC network).
- Enter an amount which is not greater than the balance.
- Click the “Confirm cross-chain transfer” button and a confirmation window will pop up in MetaMask.
Confirm the transaction on MetaMask and click the confirm button prompting you to send the transaction. (This may take a moment.)
Shortly, you can view the transferred BSC network assets in the Nerve wallet.
How to start staking:
- Enter the staking page.
- Click staking to gain rewards.
- Fill in the staking information.
- Calculate staking rewards after the confirmation.
Staking reward calculation and distribution:
You can calculate the staking rewards on the entire network based on NerveNetwork’s consensus mechanism rewards. You can also check the current rewards rate on explorer:
Notes:
- The rewards rate is currently at around 10.9%.
- Staking rewards start at UTC 0 00:00 (UTC+8 8:00) to calculate the rewards from the previous day, and you can automatically distribute them on the chain the next day.
- You cannot calculate the rewards from less than 24 hours of staking.
NerveNetwork Community
- Weibo：https://weibo.com/u/7385139407
- Twitter:https://twitter.com/nerve_network
- GitHub:https://github.com/NerveNetwork
- Reddit:https://www.reddit.com/user/NerveNetwork
- Telegram:https://t.me/NerveNetwork
- Facebook:https://www.facebook.com/groups/NerveNetwork
Resource list
- Website：https://nerve.network/
- Document：http://docs.nerve.network/
- Github：https://github.com/NerveNetwork/nerve
- Wallet：https://wallet.nerve.network/
- Explorer：https://scan.nerve.network/
- Data Service：http://public.nerve.network/
- NULS Light Wallet：https://wallet.nuls.io/
- NULS Explorer：https://nulscan.io/
