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 ROI (0.42% weekly ROI).
Convenience: Funds accessible anytime.
Stable Option: Remains available, with potential future APY adjustments.
3-Month Lock: Supports stability and commitment.
High weekly ROI: Over 2% 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. Staking is an opportunity to passively earn more $SB until the maximum supply is reached, which will ultimately translate to a higher share in treasury revenue.
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 It's worth noting that staked SB is not transferable until it is withdrawn from the protocol.
FLEX pool: Your SB allocation staked in the FLEX pool is not locked. You can unstake at any moment. Unstaking means the user will forfeit the upcoming rebase reward.
HODL pool: Your SB allocation staked in the HODL pool isn't locked. However, if you withdraw before the 90-day period is over, you will incur a 50% penalty. For instance, if you have 100 $SB staked and you withdraw early, you will only receive 50 $SB. But if you unstake once your pool is unlocked (during the unstake window after the 90-day period), you will receive the full amount. 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.
