Staking BFHT – Introduction
Staking BFHT can be done via a decentralized fitness and lifestyle app is called BeFaster.fit. BeFaster.fit is revolutionizing both the sports and fitness industry and the cryptocurrency industry. BeFaster.fit has created a programme that provides everyone with the proper motivation and inspiration. An incentive for money is used to spruce up the full sporting portfolio. BeFaster.fit relies not only on cutting-edge blockchain technology for your data protection and maximum transparency but also and most significantly on a singular and unheard-of revenue model to encourage users to exercise more and live healthier lifestyles.
The BeFaster.fit protocol, which is exclusive and brand-new, serves as the Be Universe’s framework for the people, The holders of BFHT, The investors and the Friends of BeFaster that are termed specifically as Be Faster Friends. It describes how seven separate smart contracts are used to distribute profits among all participants. The Be Faster Holder Token (BFHT) is a token for investors that is launched by BeFaster.fit. A fitness and lifestyle software called BFHT gives you several advantages from the world of cryptocurrencies.
Decentralized, transparent, secure, quick and blockchain-based are some of the advantages that unify BFHT from other available tokens in the market. Some of the advantages that differentiate it from the hand full of crypto-based tokens available nowadays are mentioned in this blog below.
Features Of Be Faster Holder Token and Staking BFHT – Befaster.Fit Protocol
You can see a summary and simplification of the BeFaster.fit protocol in our BFHT page, which omits any mention of the distinction between crypto and FIAT money. The most crucial factor is that every income is turned into cryptocurrency. It is divided equally among the Be Faster Friends and the ranking list, with 50% going to the owners and 50% remaining with us. Each BFHT owner must stake their BFHT in a staking tool available on the BeFaster.Fit website in order to receive the revenue share. For BFHTs that are not staked, there is no revenue share. The BFHT staked at the applicable distribution date will be distributed among the BFHT offered by the BeFaster.fit for all BFHT holders. It is necessary to “claim” both the revenue share and the stake rewards.
Staking BFHT – Flexibility As Well Long Term Rewards
The short-term Staking is provided by BFHT. As per your likings and risk calculations, you can daily stack and unstack. When you are ready to get your revenue share, stake your BFHT. When you wish to sell your BFHT, unstack it once more without any restrictions or obligations of any kind. Note that only BFHTs that are not staked may be sold. You can also cash out long-term incentives in BFHT. Longer-term investments can be made by BFHT investors, ranging from 14 days to 2 years. Choose a staking time, and you’ll receive a fixed APY as compensation. Up to 10% annually! In BFHT, you also get the Staking Rewards on top of your revenue share. Unexpected changes in life circumstances do occur; thus, you can unstack BFHT early. However, there will be a 10% charge for this.
There is another option that you can unstack your BFHT prematurely (Before 14 days) as well. For this, a fee equal to 10% of the entire BFHT amount staked, as well as the dispersed Staking Rewards, will be due. The BFHT Staking Rewards Pool receives this fine and can distribute it again in the future. The Staking Contract does not automatically receive your Staking Rewards! This keeps you totally adaptable. Sell your stake rewards to make money. Alternately, stake them “on top” to raise your revenue share and Staking Rewards.
Choose Any Crypto Currency for Claiming Reward
According to the BeFaster.fit protocol, all distribution tokens are purchased from the market. This has a favourable impact on price growth. Each BFHT holder has the option to select the cryptocurrency in which he wants to receive his dividend. A minor charge is payable in the appropriate cryptocurrency if the holder wants to get their personal supply in a currency other than BFHT or TERC, such as BNB, BTC, ETH, etc. Paying any fees is not necessary if you file a BFHT claim for your distribution. A minor charge of 5% must be paid if you want to collect your distribution in another coin.
Transparent Secured and Smart Contract
A fitness and lifestyle software called BFHT gives you several advantages from the world of cryptocurrencies. You instantly qualify as an investor and receive benefits if you own BFHT. You are entitled to receive 50% of the company’s earnings under the BFHT. The proportion of your BFHT number to the entire circulation determines the size of your individual payout. Each BFHT holder gains from the business’s success and receives a portion of the profits. The BeFaster.fit DeFi protocol states that the holders receive 50% of the distribution. The revenue sharing is secure, legally binding, and open because it is based on smart contracts. The BFHT must be staked in order to be able to earn its revenues.