How can i stake reef? Is there any guide?

Binance earns rewards by validating and confirming blocks on Reef Chain, by running two validators for Reef Chain. They probably use some of these rewards to pay people who participate in "Binance Staking" according to the conditions they set. People who use "Binance Staking" are not really participating in the Reef Chain's consensus themselves. They are not part of the decision-making system that a nominated Proof of Stake blockchain is designed for. What Binance does is make this process seem less complicated for users. They take a small part of the rewards they earn and give it to the users.

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05.08.2023

Julian Avellano

Bene Richi
Binance earns rewards by validating and confirming...

A small part....

0

05.08.2023

Bene Richi

Julian Avellano
A small part....

They take a small part to give it back to the users. Not that they earn a small part.

0

05.08.2023

Bene Richi · Accepted Answer

We recommend to stake via Reef Console. Just follow the video guide. Reef Console - Staking Guide: ✅ Desktop Staking 🚫 Mobile Staking 🚫 Easy © Native Staking ✅ No Limit Reef amount to stake 🚫 Low min. Stake amount ✅ 28 Days Locking starts when you stop staking ----------------------------------- Binance Staking is offered by Binance, they manage your APY manually and you are not responsible for selecting any validator nodes. Binance - Staking: ✅ Desktop Staking ✅ Mobile Staking ✅ Easy 🚫 Native Staking (lower rewards) 🚫 No Limit Reef amount to stake ✅ Low min. Stake amount ✅ Limited Reef Stake amount 860K ✅ 30/60/90 days Locking

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How can i stake reef? Is there any guide?

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