Svmuu News Bitget Wallet has officially launched BGB staking, marking the first fixed-term staking product for holders of the new version of BGB (CCIP version). The initial total pool size is 2 million BGB, with a maximum of 20,000 BGB stakable per address. Subscriptions will automatically close once the quota is full, on a first-come, first-served basis.
This product offers a fixed 5% annualized yield with a 90-day lock-up period. Rewards are distributed daily, and both principal and rewards can be claimed upon maturity. If users do not manually unstake and claim rewards after 90 days, no additional rewards will be generated.
As a new addition to Bitget Wallet's crypto-native wealth management section, BGB Stake aims to provide a deterministic on-chain yield channel for long-term BGB holders. Simultaneously, it seeks to enhance the stability of the BGB ecosystem through the lock-up mechanism and promote the expansion of on-chain asset management towards stable and sustainable everyday use cases.