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Staking

Staking allows SBL holders to participate in the protocol's governance and revenue sharing. By locking SBL, users receive veSBL, which grants voting power and boosted yields.

Mechanism​

Users stake SBL for a chosen duration. The longer the lock, the more veSBL is received.

veSBL=Time StakedMax Time×SBL AmountveSBL = \frac{\text{Time Staked}}{\text{Max Time}} \times \text{SBL Amount}

Benefits​

  1. Yield: Share of protocol revenue generated from funding rates and other strategies (via Buybacks).
  2. Governance: Voting power on proposals affecting risk parameters, collateral types, and treasury allocation.
  3. Boosts: Higher yield tiers on USB deposits (if applicable).

Unstaking​

SBL is locked for the duration chosen. Early unstaking may incur a penalty or may not be possible until the lock expires, depending on current governance parameters.