In this article:
Learn what it means to stake an Upcoming Token in Best Wallet. This guide explains how staking works, what fixed and variable APY mean, and how reward periods, locking, and claiming work when staking pre-launch tokens.
Staking explained:
Staking is an optional step that allows you to lock the tokens you’ve purchased during a pre-launch sale in exchange for rewards. If a project supports staking, you’ll see this option directly in-app.
Read our guides on how to buy & stake an Upcoming Token, as well as stake already bought tokens.
When you stake your pre-launch tokens, they’re locked into a staking pool, meaning you’ll earn staking rewards over time, based on the project’s staking model.
This guide is specifically for tokens purchased through the Upcoming Tokens tab that support staking.
What is APY and how do rewards work?
Staking rewards are usually shown as APY — this stands for Annual Percentage Yield. It shows how much you could earn over a 12-month period if you keep your tokens staked.
Some projects offer:
Fixed APY: The rate is guaranteed and doesn’t change.
Variable APY: The rate can go up or down based on things like how many people are staking or how far along the token sale is.
You’ll always see the current APY in-app before you stake.
Rewards are usually calculated continuously and are unlocked after the claim period. You’ll be able to claim them after the claim period goes live, often after a period of "unlocking".
What is the "unlocking" period?
When you stake an Upcoming Token, your tokens will usually be locked for a set amount of time after the claim goes live. This is called the unstaking or unlocking period.
During this time, you won’t be able to claim, withdraw, or trade your tokens. Please don't try to claim your staked tokens, as you may be charged a gas fee
Once the staking period ends, your tokens and any earned rewards become claimable — this may happen when the token officially launches or at a later date set by the project.
How do I claim staking rewards?
Once a project's claim period begins, you will be able to withdraw your staked tokens and rewards after the unlocking period, often 7 days after the claim window begins.
To do so, you will need to go to the Upcoming Token project website, connect your wallet, and then withdraw your staked tokens from the staking pool. Ensure you are connecting to the right project website, as many duplicate sites pop up during claim periods. Read our guide on phishing scams and how to avoid them.
Withdrawing usually involves a gas fee — make sure you have enough ETH (Ethereum) or BNB (BNB Smart Chain) to cover this fee.
What are gas fees when staking/withdrawing?
Gas fees are blockchain transaction fees required to confirm your staking or withdrawing transactions.
On Ethereum, gas fees are paid in ETH
On BNB Smart Chain, gas fees are paid in BNB
We recommend keeping a small balance of the right gas token in your wallet:
Ethereum: $30–$50 in ETH
BNB Smart Chain: $10–$20 in BNB
Fees may be higher during periods of high network activity — if fees seem unusually high, you can wait and try again later.
Where to view your staked tokens and rewards
Once you’ve staked your tokens, you’ll see them listed under the staking section on the project’s page inside Best Wallet. Some projects may also show your staked balance and rewards on their official dashboard or website.
You’ll see:
Your current staked amount
The APY you’re earning
Your pending rewards (once available)
Need further support?
If you’re not seeing the option to withdraw your staked tokens or rewards, please check:
You have enough ETH or BNB for the gas fee
You’re using the purchasing wallet
The project still has staking or claiming open
Still stuck? Contact the Best Wallet support team via [email protected] or open a ticket on our Support site.
Important Reminder: No one from Best Wallet will ever ask for your wallet’s private key. Never share this information with anyone.