Bitget is a popular Crypto exchange and this exchange has also got it's wallet. This is a non custodial wallet and basically it's a different entity from bitget exchange. While exchange has its token already but recently the wallet has also launched its token and it's called BWB. There was an airdrop campaign through which people got the opportunity to earn tokens by performing certain tasks.
I participated in the campaign by doing some tasks and got some tokens as part of the airdrop reward distribution. I believe that BWB token has potential in the market and this is why I am not going to sell this token at this price which half dollar at present.
I got the notification that there is an option to stake BWB tokens and earn staking reward. Staking is a good way to earn crypto and I tried my luck but I am little late to part of the league. Before I could jump in, the pool quota was over and now no tokens can be staked. It shows that community is strong and many people have availed the staking opportunity. More staking means less sell pressure in market and this is good for the project token economy.
I have 92 BWB tokens and if I choose to go with 3 months plan then I can earn 35% APR and it will give me 8 tokens as part of the reward. This reward is going to be settled daily and this is good. Unfortunately I am late so now I can not stake but if this quota increases then I can try my luck again. Hope that it happens soon and I can try to earn some tokens while keeping the tokens staked.
Snapshots are from bitget wallet
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