Berachain(BERA/BGT)
Last updated
Last updated
Testnet
| Name | Address |
|---|---|
Please review the following link for a step-by-step guide to staking BGT with Kiln: https://www.kiln.fi/post/berachain-a-guide-on-staking-bgt-with-kiln
For instance, in the BEX platform, a portion of trading fees is allocated to liquidity providers and BGT stakers. The specific distribution and fee structures can vary depending on the activity and platform involved.
| Parameter | Value |
|---|---|
Kiln
0x64FE2F0C072858A9742917e48e29BD939EeBB179
Stake activation time
TBD
Stake lock-up time
TBD
Re-delegating activation time
Instant
Rewards frequency
$BGT rewards are emitted per block based on the $BGT delegation weight of the validator selected to propose the block. Each block's proposing validator has the right to distribute the block's $BGT rewards to any Reward Vault(s) they choose. For more details on how $BGT emissions work, you can refer to the Incentives in PoL.
Auto-compounding
No, rewards must be claimed and re-staked to compound. See docs
Self-bond
No $BGT self-bond, but validators self-bond $BERA
Active set
Slashing
$BGT is not slashable. Self-bonded $BERA is slashable.
Relationship between validator stake balance and rewards
Linear. Based on the $BGT delegation weight of the validator selected to propose the block.
How can I get BGT to stake?
Stake your PoL-eligible assets in Reward Vaults to earn $BGT. The rewards you earn are based on your share of the total assets staked in the vault and the amount of $BGT rewards emitted to the vault. Validators direct $BGT emissions to specific Reward Vaults, and users can claim the earned rewards.
Do funds move out to another wallet?
No, when you delegate $BGT to a validator, the $BGT does not move out of your wallet. Delegation is a mechanism that allows you to assign your voting power to a validator without transferring the tokens themselves. Your $BGT remains in your wallet, and you retain ownership while the validator uses the delegated voting power to influence governance and emissions decisions.
Can I keep staking/unstaking from/to the same wallet?
Yes, you can delegate and undelegate $BGT to and from the same wallet as often as you like. This flexibility allows you to adjust your delegation based on your preferences or changes in validator performance. However, keep in mind that there might be specific rules or cooldown periods associated with delegation and undelegation, depending on the network's governance policies.
Can I select how much of my wallet balance I want to stake?
Yes, you can choose how much of your $BGT you want to delegate to a validator. You have the flexibility to delegate any portion of your $BGT holdings, allowing you to manage your voting power and influence over governance and emissions decisions according to your preferences.
How does auto-compounding work?
Rewards must be claimed and re-staked to compound. See docs
Who can withdraw staked BGT?
Only the original $BGT holder who delegated the tokens has the authority to undelegate them from a validator. This ensures that control over the delegation remains with the token holder, allowing them to manage their $BGT allocations as they see fit.
When can I withdraw my staked BGT?
You can undelegate your $BGT from a validator at any time. However, the specifics of when you can withdraw the $BGT after undelegating may depend on the network's governance and any applicable timelocks or waiting periods.
How do I unstake?
To undelegate $BGT from a validator, you would typically use the BGT Station dApp.
Can I unstake part of the staked balance?
Yes, you can undelegate part of your staked $BGT balance. The process typically involves specifying the amount you wish to undelegate when managing your delegations in the BGT Station dApp.
How is my balance computed at epoch N for the rewards distribution?
Your balance for rewards distribution is computed based on the amount of $BGT you have staked in the Reward Vaults. The rewards are distributed pro-rata based on your staked amount relative to the total staked amount in the vault.
What is the slashing risk on the Berachain?
BGT is not slashable. The validator’s self-bonded BERA is slashable.
How is commission paid?
Commissions on Berachain are typically paid in the form of fees collected from various activities such as trading, borrowing, or liquidating positions. These fees are then distributed among different participants like liquidity providers and BGT stakers.
How can I get testnet tokens?
You can request BERA to wallet addresses containing at least 0.001 ETH here: https://bartio.faucet.berachain.com/