FAQs
bStable and BST: the basics.
Last updated
bStable and BST: the basics.
Last updated
bStable is a decentralized payment protocol that rewards users for making payments.
In other words, bStable is a decentralized, and trust-less payment tools
You can earn BST with every payment you make!
You can use bStable to pay in one single, decentralized transaction.
The bStable token (BST) is the token that holders will use to participate in the governance of the bStable DAO. BST is available as a BEP-20 token on Binance Smart Chain.
Whenever you make an on-chain payment using bStable, you will earn BST.
Soon, BST holders will also be able to use BST for the following:
Governance voting
'Membership' Discounts
Paying for protocol fees in BST
Pay to Earn BST reward is based on:
The dollar amount of payment made by the user, where each stable coin is considered a dollar
The accumulated dollar amount of payment made across the platform
The total amount of unclaimed BST available for payment reward
BST Reward Claimed by User = Unclaimed BST in Payment Pool * (User Unclaimed Payment Dollar Amount / Total Platform Unclaimed Dollar Amount)
⚠️ It is recommended that you claim the payment reward as soon as possible. Your pending reward balance may decrease with more participating users.