> For the complete documentation index, see [llms.txt](https://binolana.gitbook.io/binolana/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://binolana.gitbook.io/binolana/dapp/stake.md).

# Stake

## What is staking?

Staking is a vital component of the Proof-of-Stake consensus mechanism employed by certain blockchains to validate new data blocks. It offers users the opportunity to earn passive income by simply delegating their crypto assets. By locking your funds in a cryptocurrency wallet, you contribute to the security and functionality of the blockchain network and, in return, receive rewards.\
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Select from various pools offering different staking periods and yields. You can claim staking rewards at any moment during the staking period. However, the locked amount will only become available once the specified locking period has elapsed.

## Affiliate System

Earn 1% deposit rewards on every referral with your customized affiliate link.

## Staking Pools:

<table data-view="cards"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-cover data-type="files"></th></tr></thead><tbody><tr><td><strong>Pool 1:</strong> <br>7 Days lock time <br><br>Est. APY 105% <br><br>1.5% Withdrawal Fee</td><td>25% Unlock Penalty Fee</td><td></td><td><a href="https://4075363617-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsK36sMIcGMmPtIhMkm7S%2Fuploads%2F469r8vj3x4RiGCgHtdo2%2FPool1.jpg?alt=media&amp;token=bdad5892-acff-4018-b2b9-2530030d434f">Pool1.jpg</a></td></tr><tr><td><strong>Pool 2:</strong><br>14 Days lock time <br><br>Est. APY 146%<br><br>1.5% Withdrawal Fee</td><td>25% Unlock Penalty Fee</td><td></td><td><a href="https://4075363617-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsK36sMIcGMmPtIhMkm7S%2Fuploads%2F1ztAaRSq4WuF4HohlzXH%2FPool2.jpg?alt=media&amp;token=deda5a1e-440b-4bcb-98bd-16fd1f61c47e">Pool2.jpg</a></td></tr><tr><td> <strong>Pool 3:</strong> <em>(Recommended)</em><br>30 Days lock time <br><br>Est. APY 183%<br><br>1.5% Withdrawal Fee</td><td>25% Unlock Penalty Fee</td><td></td><td><a href="https://4075363617-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FsK36sMIcGMmPtIhMkm7S%2Fuploads%2FSD8zTVRxSvAw5bCZXODe%2FPool3.jpg?alt=media&amp;token=4fc68694-e7b2-4256-b91f-5291e8d7342d">Pool3.jpg</a></td></tr></tbody></table>