Utility and Advantages of Liquid BNB
LBNB is minted upon the staking of BNB tokens, and will act as the derivative token of the staked BNB tokens.
- 💸 Superfluidity - Earn compounded yields
- Stake your LBNB into Liquidity pools or lend it out to get more yields
- No Slashing risk🙅♂
The detailed mechanism of staking and conversion of the token from BNB to LBNB will be expanded under the “Detailed Mechanism” section.