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See the FAQ to learn why.
ℹ️ Why HODL with Lido?
If you're long on ETH and want to support your BAY investment, this helps the community collectively increase liquidity with almost zero risk. Your ETH is staked via Lido (one of the oldest and most well-audited staking contracts), and 100% of the staking profits go to BAY stakers while your principal remains locked for your chosen duration. You may also choose to stake for some of the rewards. Having a savings account is a good way to hold for years without risking spending the position early when you believe in the long term future of ETH.
ℹ️ Why use StableVault?
The pool automatically manages a very low-risk stablecoin position. Stakers watch the position and keep it within a tighter range than standard liquidity providing which can increase the rewards. Profits support BitBay - you can earn fees on the pool AND stake for remaining fees while supporting the network.
❓ Why Stake BitBay?
The Treasury sends BAY stakers rewards in valuable ETH, DAI and USDC. You do work to secure the network, vote on important decisions, and manage the AMM positions in exchange. To stake, just make sure this tab is always open in a dedicated browser window and that it is activated.
When enabled, your account will automatically manage staking, rewards, and protocol operations.
Note: Staking requires password-based login (not MetaMask). This enables browser-based automated staking and voting.
