What is SteakBank
Native Assets Overview
is held for voting
as fees when minting LBNB & redeeming BNB
When minting LBNB, 0.05% LBNB will be deducted as staking fee. When redeeming BNB, 0.05% LBNB will be deducted as unstaking fees
The stake fee and unstake fee will be collected into communityTaxVault. These fees will be used to buy SBF from Pancake swap, and the SBF will be burned immediately.
Governance token will provide the right to trigger the burn operations.
to accelerate unstaking of liquid token from the validator nodes
can be locked up to farm for more SBF tokens.
TOKENOMICS - Previous