Early Redemption
Early unstaking from validator nodes
StoneBank will enable better liquidity by providing a quick unstake mechanism. There is a
unstakeVault that user can claim their unstake BNB. StoneBank will snapshot stake and unstake amount, if new stake amount can satisfy unstake need. Then unstake user don't need to wait for 7 days.Besides, issued stBNB can swap in stBNB/BNB trading pair in any time.
The native staking mechanism on Binance Chain requires a fixed 7 days period to get the staked BNB back. However, on Stone Defi, in the most optimistic scenario, users will be able to get their staked BNB back by the next day. On average, users can expect to get staked BNB back in 2 or 3 days.
Last modified 1yr ago