Overview

What is OneStop Liquid Staking?

OneStop Liquid Staking is a protocol for liquid staking, developed on the BNB Chain. It focuses on tokenizing staked BNB, enabling users to freely utilize it within various Decentralized Finance (DeFi) dApps like automated market makers (AMMs), lending & borrowing protocols, and yield aggregators.

This protocol offers a streamlined method to stake BNB on the Avalanche C-Chain*. Traditional staking on the BNB Chain, often requiring complex cross-chain transfers. However, with OneStop Liquid Staking, users only need an EVM-compatible wallet and some BNB to begin.

Why Liquid Staking?

BNB Chain, a Proof-of-Stake (PoS) network, rewards users for staking BNB tokens on validator nodes to secure the network. This staking is typically done on the BNB Chain, which effectively locks up the BNB tokens for a set period, limiting their use in DeFi.

Liquid Staking addresses this issue by enhancing capital efficiency within the BNB network. By tokenizing staked BNB into sBNB (OneStop Staked BNB), users can employ the asset in DeFi protocols while still earning returns for securing Avalanche.

The sOST asset opens up a multitude of strategies and opportunities for both developers and users.

Benefits of Staking BNB on OneStop Liquid Staking (OLS)

• No Lock-Up Periods: Users are not bound by fixed staking durations.

• Zero Fees: There are no charges for depositing or withdrawing from OLS.

• Full Control: Users maintain complete control over their assets and related accounts.

• Simplified Staking: Stake BNB and start earning without the need for cross-chain transfers to the BNB Chain.

• Added Utility: The interest-bearing sBNB can be freely used in various DeFi applications.

Users can explore sBNB integrations with third-party DeFi protocols through the DeFi tab on the OLS app.