sBNB FAQ
Is sBNB Transferable?
When users stake their BNB on OneStop Liquid Staking, they receive sBNB (OneStop's Staked BNB token). Unlike operating or delegating to a node, sBNB is transferable and can be freely used within various DeFi dApps, including Automated Market Makers (AMMs), lending and borrowing platforms, and other derivative and structured products.
Are There Any Lock-Up Periods for Unstaking sBNB?
While BNB can be unstaked at any time through the OneStop Liquid Staking app, there is a 15-day unlocking period. However, secondary markets provide direct and instant swaps between sBNB and BNB at their respective market rates. Users can explore these options via the DeFi tab within the OneStop Liquid Staking app.
Are There Any Rewards to Claim?
No direct rewards are claimable. The value of sBNB in relation to BNB continuously accrues based on the OneStop Liquid Staking rewards rate displayed in the app. For example, if the Liquid Staking rewards are approximately 7.2% APR, your sBNB holdings will be worth about 7.2% more in BNB after one year.
Does sBNB Accrue Rewards During the 15-Day Unstake Request?
Yes, rewards continue to accrue during the 15-day unstake request period. The accrual stops only during the 2-day redemption period (under Active Claims) following the 15-day request.
Fees
Currently, there are no fees for staking and unstaking BNB on OneStop Liquid Staking.
Protocol Revenue
The protocol earns revenue by taking 10% of the rewards generated by the validators, which includes the delegator fee paid to the underlying validators.
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