Banking system
Last updated
Last updated
This is the place where you stake BNS to earn BND every epoch when the Bank contract mints a fresh batch of BND. Epochs occur every 8 hours (calculated using block time) with an initial expansion rate of 1% of BND's current total supply, halving every 90 days.
Minted BND are sent to the Bank (55%) to reward stakers and the Treasury (45%) for project development. Claiming reward BND or withdrawing staked BNS triggers a temporary cooldown period, limiting users' interactions with the Bank for:
3 Epochs
6 Epochs
Please note:
You will automatically claim all available BND rewards if you choose to withdraw BNS.
There is no cooldown period for staking BNS.