Comment on page

SBF - SteakBank

Functions of SBF token.

Main functions of SBF tokens

  • 🧙♂
    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.
Cut the Queue right now and Squeeze dem 🥩 sweet juicy yields!!!