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
⚡Possibility of earlier redemption
♻ Dynamic yield optimization for better staking APY
🙅♂ 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.