Question 1

What is Proof-of-Stake (PoS)?

Accepted Answer

While proof-of-work (PoW) is a consensus mechanism where miners rely on hardware and software to validate transactions on the blockchain, PoS consensuses use staked tokens. In PoS, validators have a higher chance of obtaining the right to validate new transactions based on their staked amount or staking duration.

Question 2

Why choose On-chain Earn?

Accepted Answer

1. Interest is credited every day. If you stake on day D, interest begins accruing on D+1 and is paid out on D+2. Bitget will credit interest to your spot account daily for as long as your assets remain staked.,2. You can stake at any time and redeem before the end of the staking period. On-chain Earn offers a smooth, flexible, and hassle-free experience.,3. You earn exactly what is offered on-chain — Bitget doesn't take a cut. The APR matches that of the underlying validator nodes.,4. Earn principal-protected, low-risk income. Your assets only grow during the staking process. There's no need to cover infrastructure or hardware costs, and you won't face any slashing or other on-chain penalties. With Bitget, earning is simple and secure.

Question 3

How is the APR calculated?

Accepted Answer

The displayed APR matches that of the respective validator nodes and is not adjusted by Bitget.

Question 4

How are my rewards calculated if I've subscribed to multiple PoS products?

Accepted Answer

Bitget aggregates your rewards from each network according to their respective APR, shown as your total earnings.

Question 5

When can I redeem my staking rewards?

Accepted Answer

If you stake on day D, interest starts to accrue on D+1 and is paid on D+2.

Question 6

What is the difference between Express Redemption and Standard Redemption?

Accepted Answer

Standard redemption: If you stake on day D, you can request a standard redemption on D+1. The redemption period follows the on-chain node schedule. After this period, both the staked tokens and interest will be transferred to your spot account (note that no interest accrues during the redemption period).,Express redemption: If you stake on day D, your staked assets and interest will be returned to your spot account within 10 minutes. However, a 10% service fee will be deducted from the total return. This service has a daily limit, and any amount exceeding that limit will only be redeemable the next day.

Question 7

How does the compound interest mode work in staking?

Accepted Answer

1. The compound interest from On-chain Earn includes the interest generated by both your principal and previously accumulated interest.,2. You can enable or disable compound interest mode at any time.,3. Accrued compound interest must be redeemed to be credited to your spot account.

On-chain Earn

Stake and earn with ease!

On-chain Earn dictionary