# Staking

![](https://2475877232-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnorQKxR7kOleJdFXewPg%2Fuploads%2F5UhHOUCHQZi8HsjCaz4e%2FStake.png?alt=media\&token=39f08ecf-61d9-46a0-b8bd-d2d5171b86e5)

Users will be able to stake their **BETIFY** to earn rebase rewards, which come directly from bond sales, and can vary based on the number of **BETIFY** staked in the protocol and reward rate set in place. When users stake, their **BETIFY** is changed for an equal amount of **BETSLIP**, our staking receipt token. When you unstake you burn **BETSLIP** and receive an equal amount of **BETIFY** in return.

Your amount of **BETIFY** will increase with every **rebase** of the protocol, based on the current **APY**.