Skip to main content

Do I Need HBAR to Stake BSL?

What are network fees

N
Written by Nathaniel O'Dell

Yes, HBAR is required to cover network fees when staking or unstaking BSL tokens on the Hedera network.

Network Fees

  • First Stake Transaction: $0.235 USD in HBAR

  • Subsequent Stakes or Unstakes: $0.185 USD per transaction

These fees cover network and smart contract interactions on the Hedera blockchain.

Key Takeaways

  • Always ensure you have enough HBAR in your account before staking or unstaking.

  • Fees are fixed and applied to each staking or unstaking transaction.

  • HBAR is not required for rewards; it only covers network operations.

Did this answer your question?