Bifrost
Bifrost is a cross-chain communication protocol built on Substrate framework and fully compatible with EVM.
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We are in the midst of integrating BFC staking on Nansen Staking Hub.
For now, you can use any EVM compatible or supported wallets on Bifrost Portal to put your BFC to work:
Connect wallet, then search for the Nansen validator with the address 0x53d7ae30f7c9236bd58cabfb3721e0e6057f033a
Click on the Stake button, insert the amount of BFC to stake (minimum 100 BFC), then click Continue
Sign the transaction from the wallet popup
FAQ
What are the supported wallets for Bifrost on NSH?
EVM compatible wallets such as Metamask and Rabby.
Is there a fee?
We charge a 10% commission fees for running staking infrastructure. The APY shown on the dashboard is the yield before deducting commissions. As BFC staking is native to Bifrost, do ensure that you have sufficient BFC in your wallet to pay for transaction gas fees.
What is the unbonding period?
There is a 7 days unbonding period to unstake BFC. Users will be able to withdraw their BFC after the staked BFC is unstaked.
How do I restake?
Users have to claim rewards and manually restake BFC. Staking rewards are paid out at the end of every round (approx 720 minutes).
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