Chains

BNB Smart Chain

Build web3 dApps effortlessly

BNB Beacon Chain

Sunset soon

BNB ecosystem’s staking & governance layer

DocumentationGitHubFaucetStake BNBBscScanBSCTraceDev ToolsLearn more about FusionDocumentationBeacon Chain ExplorerStake BNBDocumentationGitHubFaucetBridgeGreenfieldScanDCellarDev ToolsDocumentationGitHubFaucetBridgeopBNBScanDev ToolsDocumentationGitHub

Developers


Submit dApps

BNB Smart ChainBNB GreenfieldopBNBzkBNBTrading Volume Incentive ProgramGas GrantsTVL Incentive ProgramKickstartMVB Accelerator ProgramMEME Coins InnovationSee All Programs

Ecosystem

Staking

Earn BNB and rewards effortlessly

Native StakingLiquid StakingBNB Beacon Chain Native Staking

Community

Contact UsStart Building
Contact UsStart Building

Maximize Your BNB Rewards: How to Leverage Liquid Staking with slisBNB

2024.8.14  •  3 min read
Blog post image.

Liquid staking is a process in which users stake their tokens in a protocol and, in return, receive an equivalent amount of tradable assets known as liquid staking tokens (LSTs).  Liquid staking with slisBNB unlocks the full potential of BNB, offering a seamless way to enjoy the benefits of both Binance.com and BNB Chain.

The Benefits of Liquid Staking with slisBNB

Here are some of the benefits of liquid staking with slisBNB.

For BNB Holders

  • Improved utilization of funds: By leveraging liquid staking, you can maximize the use of your BNB holdings, ensuring they are actively generating returns both on and off the chain.
  • Ecosystem security: As an LST on the BNB chain, slisBNB helps secure the network by serving as a pledge, thus supporting the chain’s integrity and security.

For Ecosystem Development:

  • Participation: BNB holders are encouraged to actively participate in on-chain projects, thereby promoting the development of the entire crypto landscape.
  • Network security: Staking BNB in validator nodes enhances the blockchain’s consensus mechanism and security, making network attacks more costly and less likely.
  • Governance participation: Staking often comes with voting rights, allowing users to participate in decision-making processes like protocol upgrades, thereby directly influencing the blockchain’s future.

Earn Rewards From Both CeFi and DeFi

To foster a healthier and more thriving BNB ecosystem, Binance Launchpool has extended BNB benefits from the Binance Exchange to the decentralized world with its DeFi BNB Assets feature. If you hold supported BNB assets like slisBNB in your Binance Web3 MPC Wallet, it gets counted towards your Launchpool BNB holdings for additional rewards. 

Guide to Liquid Staking with slisBNB

Liquid staking with slisBNB is pretty straightforward. 

Using Your Binance Web3 Wallet:

  • Step 1: Click "Find" → "dApps"
  • Step 2: Search for "ListaDao protocol" (lista.org)
  • Step 3: Click "Stake BNB" → Enter "BNB Liquid Staking" → Stake your BNB.

Other Wallet Solutions:

  • Step 1: Go to Lista’s BNB liquid staking page, connect your wallet.
  • Step 2: Enter BNB amount to stake, click "stake," and confirm the transaction to receive slisBNB.
  • Step 3: In your browser wallet, click "import tokens," then scroll to the end of your tokens page.
  • Step 4: Paste slisBNB’s contract address (0xB0b84D294e0C75A6abe60171b70edEb2EFd14A1B) in "token contract address" and click "add custom token" to see your slisBNB balance.

Why We Need Both BNB Staking and Liquid Staking


BNB Staking

Liquid Staking

Security and Network Stability

Ensures network security by incentivizing validators to participate in the consensus process. Validators, who stake significant amounts of BNB, validate transactions and maintain blockchain integrity, deterring malicious activities due to the financial risks involved. 

Enhances network robustness by encouraging decentralization and allowing users to maintain liquidity while staking, enabling participation in other DeFi activities.

Economic Incentives

Staking BNB provides rewards in the form of additional BNB.

Liquid staking offers yields from trading fees and farming rewards, maximizing asset utility and fostering economic activities within the ecosystem.

Ecosystem Growth and Development

Rewards from BNB staking can be reinvested into the ecosystem, supporting development projects and enhancing blockchain capabilities. Staking also encourages community engagement in governance and security. 

Liquid staking supports DeFi growth by providing essential liquidity for complex financial products and services, attracting new projects and protocols, and fostering innovation.


Long-Term Significance

Continuous staking ensures a secure and reliable network, crucial for long-term adoption and trust in the BNB Chain. The economic incentives attract users and developers, contributing to sustainable growth. 

More staking options, like liquid staking,restaking, and liquid restaking increases BNB Chain's appeal to a broader range of users, driving adoption and maintaining a vibrant, innovative ecosystem.

Conclusion

Liquid staking with slisBNB unlocks the full potential of BNB, offering a seamless way to enjoy the benefits of both Binance.com and BNBChain. Simply put, it allows you to enjoy the benefits from both centralized and decentralized platforms simultaneously. Start your journey with slisBNB today and maximize your BNB experience.

Share