# Staking

Let’s start with the basics - what exactly is staking?

**Staking** is basically contributing tokens to a pool for a certain amount of time in order to **earn rewards** in return. In other words: “locking” them to reap some kind of benefits. Its purpose is to secure the stability of the project's token ecosystem and it has a positive impact on the price as it limits the circulating supply. However, it can also serve as a way for investors to prove their involvement and long-term commitment to the project.

<figure><img src="https://2362937230-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F4tvJXnu8OfosPPFIV3jX%2Fuploads%2FrEv4BTzMe2trdvFPTBLa%2FFrame%202609369.png?alt=media&#x26;token=07b470af-a6c3-4abf-9bae-e580788f421e" alt=""><figcaption></figcaption></figure>

## GHX staking rewards

Depending on how long a user stakes, at GamerHash they can receive rewards with very attractive Annual Percentage Yield rates — up to 25% when all the pools are full!

{% hint style="success" %}
Staking is available on both blockchains GHX is available on, **Ethereum** and **Binance Smart Chain**, each offering different APRs.
{% endhint %}

### Ethereum

On **Ethereum** blockchain we offer four different options of staking rewards in terms of duration and **APR** (Annual Percentage Rate):

* STAKE - **10%** APR

The plan above has **no minimum time period** for stake.

* 3 months lock - **10%** APR
* 6 months lock - **18%** APR&#x20;
* 12 months lock - **25%** APR

For the three plans above user is unable to unstake during the staking period

### Binance Smart Chain

On **Binance Smart Chain** we also offer four different options of staking rewards in terms of duration and **APR** (Annual Percentage Rate):

* STAKE - **6%** APR

The plan above has **no minimum time period** for stake.

* 3 months lock - **10%** APR
* 6 months lock - **18%** APR&#x20;
* 12 months lock - **25%** APR

For the three plans above user is unable to unstake during the staking period

And for more info about BNB chain staking, here’s one of our Medium articles that goes over all the details of staking GHX:

{% embed url="<https://medium.com/we-are-the-gamerhash/gamerhash-launches-ghx-staking-with-up-to-25-apr-for-everyone-4e32c4350127>" %}

To also become a part of our staking programme, visit our [**website**](https://staking.gamercoin.com/)!
