Berachain Staking Guide

Introduction

Berachain is an innovative blockchain ecosystem that integrates Proof of Liquidity (POL) to incentivize liquidity providers and enable seamless staking mechanisms. Unlike traditional staking models, Berachain requires $BGT tokens for staking, which are earned by providing liquidity rather than being directly transferable.

This guide will walk you through the process of staking $BGT with Luganodes, a trusted validator on Berachain. By following this guide, you’ll learn how to swap $BERA for $HONEY, provide liquidity to earn $BGT, and delegate your earned $BGT to support the Berachain network while earning additional rewards.

Validator Details

• Validator Name: Luganodes

• Staking Link: Luganodes on BGT Station

• Contract Address: 0x1ab189B7801140900C711E458212F9c76F8dAC79

• Blockchain Explorer Link: View Validator on Explorer

Staking with Luganodes ensures high reliability and consistent rewards, making it an excellent choice for Berachain users.

Key Concepts

1. BERA: The native token of Berachain.

• Cannot be directly used for staking.

3. BGT: The token required for staking.

• Not transferable and must be earned by providing Proof of Liquidity (POL).

To earn BGT:

• Swap $BERA for $HONEY or other tokens on the Berachain network.

• Deposit these tokens into liquidity pools to earn $BGT as rewards.

• Use $BGT to stake with validators.

Staking Guide

Step 1: Swap $BERA for $HONEY

1. Navigate to the swapping interface.

2. Enter the amount of $BERA you wish to swap for $HONEY, and click on Preview.

3. Click Swap.

4. Accept the transaction in your wallet.

5. Wait for the transaction to succeed.

Step 2: Add Liquidity to Pools

1. After acquiring $HONEY, go to the liquidity pools page.

2. Select the pool to which you want to provide liquidity.

• For example: HONEY-WBERA Pool.

4. Enter the amount of $HONEY you wish to deposit.

4. Click Approve HONEY and confirm the action in your wallet.

5. Wait for the approval transaction to succeed.

6. Deposit your $HONEY into the pool to start earning $BGT.

7. Wait for the transaction to succeed.

8. Verify the transaction in your wallet or the blockchain explorer.

Step 3: Stake $BGT with Validators

1. Once you’ve earned sufficient $BGT from liquidity rewards, go to the BGT Station.

2. Click Delegate.

3. Select your preferred validator. Here we use Luganodes.

4. Enter the amount of $BGT you wish to stake.

5. Click Queue Boost.

6. Confirm the transaction in your wallet.

7. Wait for the transaction to succeed.

8. After the transaction, you’ll see a Confirmation Wait Duration, typically 1 to 3 hours.

9. Once the wait period is over:

• Click Confirm.

• Approve the transaction in your wallet.

• Wait for the transaction to succeed.

You are now part of the Berachain staking ecosystem and actively supporting its network by staking with validators. Enjoy earning additional $BGT rewards!

About Luganodes

Luganodes is a world-class, Swiss-operated, non-custodial blockchain infrastructure provider that has rapidly gained recognition in the industry for offering institutional-grade services. It was born out of the Lugano Plan B Program, an initiative driven by Tether and the City of Lugano. Luganodes maintains an exceptional 99.9% uptime with round-the-clock monitoring by SRE experts. With support for 45+ PoS networks, it ranks among the top validators on Polygon, Polkadot, Sui, and Tron. Luganodes prioritizes security and compliance, holding the distinction of being one of the first staking providers to adhere to all SOC 2 Type II, GDPR, and ISO 27001 standards as well as offering Chainproof insurance to institutional clients.