‘BETH’ is an anchor token of ETH2.0 issued by Binance on BSC for those users who’d like to participate in being ETH 2.0 Block Producer. The staking period is about 18 months. $BETH is the only token that can redeem $ETH in a rate 1:1 after ETH 2.0 is upgraded.
First, Stake ETH on Binance.com to get BETH
Withdraw BETH to BSC network
Add liquidity
The BETH farming section will initially have three pools of BETH-ETH, BETH-BNB, and BETH-BUSD to provide liquidity and farming incentives.
Open Bakeryswap, on the ‘Exchange’ interface, select ‘Pool’, and click the ‘Add Liquidity’ button.
Choose from BETH-ETH, BETH-BNB或BETH-BUSD, click Approve BETH，type input amount then click Supply to add liquidity.
After confirmation, you will receive BLP token.
Participate in liquidity farming
Enter the ETH2.0 interface, find the pool corresponding to the BLP you own from BETH-ETH, BETH-BNB, BETH-BUSD, and click ‘Select’.
Then authorize the BLP token, i.e. Approve BETH-BNB BLP. After the authorization, click the “+” button to stake the BLP tokens.
Stake BLP tokens and confirm.
Rewards
The Rewards of $BETH farming includes:
a. $BETH Rewards from ETH2.0
b. Extra $BAKE reward from BakerySwap incentive
Users can withdraw $BAKE whenever they want through ‘Harvest’ button.
