What is Synclub Staked BNB (snBNB)?
Synclub Staked BNB (snBNB) is a liquid staking token that represents BNB staked through the Synclub protocol on BNB Chain. Founded in 2022, Synclub provides liquid staking infrastructure for the BNB ecosystem, enabling users to earn staking rewards while maintaining DeFi liquidity.
Note: Synclub merged with Helio Protocol in July 2023 and snBNB has been rebranded to Lista Staked BNB (slisBNB) in the Lista DAO ecosystem.
How snBNB Works
When users stake BNB through Synclub, they receive snBNB, a yield-bearing token that appreciates against BNB in line with BNB Chain's staking APR. Unlike traditional staking where assets are locked, snBNB can be freely traded or used as collateral across the BNB Chain DeFi ecosystem.
The protocol delegates staked BNB to validators on BNB Chain and distributes rewards to snBNB holders through the token's increasing exchange rate.
Key Features
Higher APY: BNB staking typically offers higher yields than ETH staking due to BNB Chain's economic model. DeFi Composability: Use snBNB as collateral on lending protocols or in liquidity pools while earning staking rewards. Lista DAO Integration: As part of Lista DAO, snBNB integrates with the HAY stablecoin system for additional yield opportunities. Ecosystem Partnerships: Integrated with PancakeSwap, Venus, and other major BNB Chain protocols.Risks
Validator Risk: Delegated validators could face slashing or operational issues. Smart Contract Risk: Protocol and token contract vulnerabilities. Protocol Transition Risk: The merger with Helio and rebranding introduces transition considerations. Network Risk: Subject to BNB Chain network risks and centralization concerns.Data Disclaimer
TVL and APY figures are sourced from on-chain data and may fluctuate. Data as of February 2026.