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!!!
 

What is SteakBank - Previous

Tokens

LBNB

Last modified 2yr ago