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SBF - SteakBank
LBNB
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LBNB
Utility and Advantages of Liquid BNB
Liquid BNB (LBNB)
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.
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6mo ago
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