According to Odaily, BNB Chain has announced that 67% of the BNB staking migration has been completed. The platform has indicated that users who stake BNB or delegate migration to BSC can expect to receive an annual percentage yield (APY) of 3%.
The BNB Chain's announcement is a significant update in the ongoing process of BNB staking migration. The completion of 67% of the migration process indicates that the majority of the process has been successfully carried out, with only a third of the process remaining.
Users who choose to stake their BNB or delegate the migration process to BSC are being incentivized with a 3% APY. This means that users can expect to earn an annual return of 3% on their staked BNB. This is a significant incentive for users to participate in the staking process, as it provides them with an opportunity to earn passive income from their BNB holdings.
The BNB Chain's announcement is a positive development for the BNB community, as it indicates that the staking migration process is progressing smoothly. The completion of 67% of the process suggests that the remaining third of the migration process is likely to be completed in the near future.
The BNB Chain's announcement also provides an incentive for users to participate in the staking process, as it offers them the opportunity to earn a 3% APY on their staked BNB. This is a significant incentive for users to participate in the staking process, as it provides them with an opportunity to earn passive income from their BNB holdings.
