⚙️xSBF

xSBF Mechanism

There's three ways to convert from xSBF to SBF:

1. Normal Vesting - To convert 1 xSBF to 1 SBF you need to vest it for 2 months

2. Bond Dynamic - Where the xSBF is vested for 5 months and it rewards 1.5x the locked amount in SBL! (the reward multiplier can change during different market conditions)

   • IE: 100 xSBF = 150 SBF after 5 months

3. Instant Exit - The instant conversion has a discount attached to it. The discount varies dynamically based on multiple factors and changes from time to time. It can range from 10% to 70%. (This is starting at 15% so the liquidity can stay deep while users sell their rewards because we will be using some of these to add $SBF/ETH Liquidity and rest to share to holders.)

This means users pay 30 to 90% of the current SBF position's $ value in ETH and convert 100% of the xSBF position into SBF.

Make sure you choose, the correct option. once vested there is no reverting

xSBF Revenue

Treasury will collect all instant exit fees and distribute them towards Treasury Revenue Sharing system , SBF/ETH LP and others.