SBF - SteakBank
Functions of SBF token.
Last updated
Functions of SBF token.
Last updated
SBF functions as the governance token of our platform.
Fee Burn
SBF will be burned when minting LBNB & redeeming BNB. (Burning details to be found under the tokenomics section.)
Accelerate withdrawals
Users have the option to burn SBF to accelerate their queue if their LBNB is queued for unstaking. ( Parameters for the burn can also be decided via governance voting in the future.)
What's that 0.1% Fee Burn when you can use the minted token to yield farm for another extra 2 or 3 digits % APR.