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Stake your BLTs to reduce your fees and generate passive income
Bulltrading's BLT staking program offers a combination of discounts and passive income opportunities that are tiered based on the volume of staked tokens. Here's what you can expect:
Bulltrading typically levies a fee of 0.033% on the daily capital allocated to your trading strategy. However, by staking in the BLT staking pool, not only do you receive lucrative rewards, but you also qualify for substantial discounts on these performance fees. The logic is simple: the more you stake, the more discounts and rewards you reap. Please note, this doesn't apply to virtual BLT credits as these are utilized differently from other BLT tokens.
Please note, this doesn't apply to virtual BLT credits as these are utilized differently from other BLT tokens.
We have designed three unique BLT staking pools for you to earn passive income, with each pool having a lock-up period of 1, 3, or 6 months respectively. These various lock-up periods allow you to choose the pool that best suits your investment needs. Each pool offers a fixed reward equating to 3%, 5%, or 7% of Bulltrading's daily income, respectively.
The distribution of these rewards is proportional to the number of shares a user holds in a particular pool: the more shares you hold, the higher your reward.
It's important to note that although the reward distributed is fixed, the total percentage reward of the pool is dependent on the amount of BLT staked. Therefore, the more BLT staked in a chosen pool, the lower the reward percentage per BLT, and vice versa. A lower volume of staked BLT will yield a higher reward per BLT.