- Go to https://ping.pub/beezee and connect your wallet.
- Click on the staking tab or use https://ping.pub/beezee/staking
You will be probably be encountered by this page 🔽
Let's go about the page to understand all the terms and how to use them 😄
- 5% Inflation: This indicates the annual rate at which new BZE tokens are created.
- 21 days Unbonding Time: This refers to the period required to unbond or unstake tokens before they can be withdrawn or used elsewhere.
- 5% Double Sign Slashing: This indicates the penalty (in percentage) for validators if they are caught signing two different blocks at the same height, which is a form of misbehavior.
- 0.01% Downtime Slashing: This represents the penalty (in percentage) for validators if they are offline or not available to validate transactions for a certain period.
- Voting Power: The amount of BZE staked with the validator, indicating their influence in the network’s governance.
- 24H Changes: The change in the validator’s voting power in the last 24 hours.
- Commission: The percentage of rewards that the validator takes as a fee for their services.
{% hint style="info" %} The "Delegate" button next to each validator allows users to delegate their BZE tokens to that validator, contributing to their voting power and potentially earning staking rewards. {% endhint %}
After clicking Delegate , you can enter amount BZE you want to Stake
Finally, click "Send" and approve the transaction in your wallet. Your BZE is now staked 🎉