BIST Staking available on our portal, now accessible with over 150+ wallets!

No april fool’s joke, BIST Single Asset Staking is now live on our token portal. You are now able to stake your BIST tokens to earn BIST in reward. In this blog we will guide you through the program and how to stake your BIST.

3 min readApr 1, 2022

On April 1st 2022 (No cap!) our staking program is commencing for our most loyal community members. For the next 24 months, you can stake your BIST tokens and earn more BIST tokens as a reward. Besides launching a multi-chain (ETH & BSC) single staking smart contract and program, we have also made some significant improvements to our community token portal. Let’s dive in!

Simply stake your BIST and get BIST in reward.

MultiChain

Bistroo has an Ethereum Virtual Machine compatible, but chain agnostic approach. Therefore, we have made our staking programs available for both our community on the Ethereum blockchain as well as the Binance Smart Chain blockchain. Simply switch to the network that you hold your BIST tokens on and interact with the portal through one of the (150+!) available wallets.

APY & Reward pool

The program will reward a variable and relative APY based on the amount and ratio of BIST tokens staked, relative to the total staked amount. Meaning, early adopters will have an opportunity to get rewarded on a much higher APY before it settles, based on the total amount and ratio BIST staked in the pool.

Split amongst both compatible chains to there are a total of 2,400,000 annual BIST reward tokens available for staking rewards over the course of the next 24 months.

BIST Community Token Portal Upgrades

As requested by the community, we have made some significant additions to our Community Token Portal to better accommodate our community and programs across multiple wallets. We now provide support to over 150 wallets through WalletConnect, as well as native Coinbase-wallet & MetaMask support.

For a list of compatible wallets through WalletConnect, please visit: https://walletconnect.com/ for more information.

To wrap things up, we will provide an overview of the Bistroo smart contracts for you to verify your interactions with!

ETH

ETH Token Contract: 0x6e8908cfa881c9f6f2c64d3436e7b80b1bf0093f
BIST Staking Contract: 0x913163877c4ca22d64c69573f31f09f8a513215a

BSC

BSC Token Contract: 0xbd525e51384905c6c0936a431bc7efb6c4903ea0
BIST Staking Contract: 0x2987B3983bfA7E2698b4C10A361ca5119697a080

If you would like to Bridge your supply from Ethereum to BinanceSmartChain, or the other way around, you can access the bridge within our community portal at portal.bistroo.io. More information and guidance on the use of our bridge is found in this blog.

Liquidity Staking

Don’t forget we still have liquidity staking programs running for UniSwap and PancakeSwap too! Deposit your LP tokens for this program to access rewards for providing liquidity on our pairs. More information on this is to be found in our relevant blogs.

Get your fill on everything Bistroo!

Bistroo is a peer-to-peer marketplace for food & beverages, powered by the BIST Token. A protocol where food consumption can be easily organized and personalized against significantly reduced fees. Merchants are in full control of their payments, product selection, customer relations, orders, advertising, and analytics. Customers can have direct relations with their favorite merchants, earn rewards and get food recommendations that fit their taste.