Staking $BP on MyCointainer — Options and How-To

Starting on January 4th, early investors in $BP will be able to stake their tokens with our partner MyContainer. This article will review the two staking programs available, and how to use the MyCointainer website to manage staked tokens.

Beyond Protocol — A Proof-of-Stake Blockchain

Staking Option 1 — Flexible Pre-Staking to Mainnet

  • Type: Public
  • Launch date: Jan 4, 2022
  • Launch Platform: MyCointainer
  • Yearly return: 174 percent (assuming rewards are left to compound, and not withdrawn)
  • Duration: Program will retire at mainnet
  • Restrictions: User can deposit and withdraw at any time, 72-hour wait on initial withdrawal

Staking Option 2 — Locked Pre-Staking for $BPEV

  • Type: Private
  • Launch date: Jan 4, 2022
  • Launch Platform: MyCointainer
  • Yearly return: 277 percent (assuming rewards are left to compound, and not withdrawn)
  • Other benefit: First right to participate in $BPEV pre-sale, participation based on proportion of $BP staked
  • Duration: Program will retire at launch of $BPEV
  • Restrictions: This program is available only to pre-sale investors, advisors, and early contributors due unlocks. To participate, these parties must pledge a minimum of 90 percent of their initial unlock and “60 Day Coordinated Stake” proceeds to the program. Tokens must remain locked for a minimum of 30 days to secure access to $BPEV private sale. Participants can withdraw at any time thereafter; however, they can only increase their position by pledging portions of subsequent unlocks. Only parties who pledge 90 percent of their initial unlock will be able to participate in subsequent months. Beyond Protocol will reach out to those who opt-in five days prior to each subsequent unlock to determine which amount they would like to pledge. Minimum pledge amounts for subsequent months will remain 90 percent.

MyCointainer — Our Staking Platform Partner

Thoughts Headed Into the New Year