{"id":563168,"date":"2020-08-12T13:30:42","date_gmt":"2020-08-12T10:30:42","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=563168"},"modified":"2020-08-12T13:30:42","modified_gmt":"2020-08-12T10:30:42","slug":"bnb-staking-is-now-available-on-the-binance-chain-testnet","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/bnb-staking-is-now-available-on-the-binance-chain-testnet\/","title":{"rendered":"BNB Staking is Now Available on the Binance Chain Testnet"},"content":{"rendered":"
In brief:<\/strong><\/p>\n Earlier today, the crypto exchange of Binance<\/a> announced that BNB staking was now available on the Binance Chain testnet. The announcement was made via Twitter with CZ retweeting the comment in a manner that foreshadowed that BNB staking will eventually be available on the Binance Chain mainnet in the near future. Below is the tweet by CZ.<\/p>\n https:\/\/twitter.com\/cz_binance\/status\/1293461805503639552<\/p>\n To note is that initial staking will be via testnet BNB. The latter assets will be made available on the day the activity is launched and each user will receive 100 testnet BNB by sharing a Tweet that will be revealed on that day. The team at Binance further explained<\/a>\u00a0the process as follows:<\/p>\n A faucet will be deployed for the BSC testnet. To get testnet BNB from the faucet users can share a tweet (which will be available on the activity launch date) and upon completion, receive 100 testnet BNB. Each Twitter account can only claim Testnet BNB via sharing once every 24 hours.<\/p><\/blockquote>\n Furthermore, there will be a daily airdrop of testnet BNB to accounts that successfully claimed the Testnet BNB via the faucet.<\/p>\n\n
Staking Using Testnet BNB<\/h2>\n
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Effects of Actual BNB Staking on the Price of Binance Coin<\/h2>\n