🏦Staking
Last updated
Last updated
Solbank has introduced two tailored staking tiers, catering to both short-term liquidity seekers and long-term believers:
Flexible Access: No lockup period, lower APY.
Convenience: Funds accessible anytime.
Stable Option: Remains available, with potential future APY adjustments.
3-Month Lock: Supports stability and commitment.
High weekly ROI: Over 8,06% wROI for long-term investors.
Rebase Claim: Every 8 hours, with auto-compounding.
Early Withdrawal: Available with a 50%+ penalty.
Stakers stake their SB tokens on Solbank DApp to earn rebase rewards.
The increase in your stake of SB translates into a constantly falling cost basis converging on zero. This means even if the market price of SB drops below your initial purchase price, given a long enough staking period, the increase in your staked SB balance should eventually outpace the fall in price.
Staking is straightforward: you stake a certain amount of SB, and your allocation is immediately sent to our staking vault, which is protected by Squads protocol.
Your SB balance will appear as 'Your Staked Balance' on Solbank DApp and will be rebased up automatically at the end of each epoch. It's worth noting that staked SB is not transferable until it is withdrawn from the protocol.
Your staked SB allocation is not locked. You can unstake at any moment. Unstaking means the user will forfeit the upcoming rebase reward.
Note that the forfeited reward is only applicable to the unstaked amount; the remaining staked SB (if any) will continue to receive rebase rewards.
Solbank prioritises safety, declaring that every staked or bonded SB token is safeguarded by the Squads protocol.
