Increase your earnings while asleep!
Bololex staking is an awesome and simple way to increase your savings without completing additional actions on your side, as we will do it for you. Instead of leaving your crypto assets sitting in your wallet, just stake them on our platform, earn rewards and maximize your holdings.
What is staking?Staking at Bololex is similar to investment programs in traditional financial institutions. You can earn interest just by locking up your crypto assets for a certain time period. Reward percentage and time periods differ for each staking program, as they are usually defined by the owners of those crypto assets. The higher the amount of crypto-assets you pledge, the higher the rewards you receive. All you have to do is to stake them.
What are staking rewards?You can earn rewards when you stake cryptocurrencies for certain time periods as an incentive to hold onto staking assets. To earn staking rewards, simply select the staking program and the amount to stake, afterward you will see the staking program added to your stakes list and the reward will be automatically added to your balance by the end of the staking period.
How do rewards work?Rewards percentages and staking periods are set by the owners of that specific crypto asset, who also cover the accumulated interests. The staking reward will be automatically added to your balance once the period ends. You can always follow the process of reward accumulation in your stakes list.
What if I change my mind?You always have the option to retract your staking program. However, if you choose to unstake, the accumulated rewards will be lost, yet the original staked amount will be added back to your balance.
Any Additional Questions? Please check our FAQ page here.