$sWBERA
$swBERA (Staked $WBERA) is a yield-bearing token that represents your staked $BERA position in the Staking Vault. It provides non-dilutive yield through Proof of Liquidity incentive redirection.
How to Get $sWBERA
$sWBERA tokens are issued when you stake $BERA or
You can stake either native $BERA (which the system automatically wraps to $WBERA) or $WBERA directly if you already have wrapped
How $sWBERA Works
Non-Dilutive Yield Mechanism
$sWBERA earns yield through a non-dilutive mechanism that doesn't inflate the token supply. Instead, the underlying value of each $sWBERA token increases as the vault accumulates more WBERA from incentive fees.
Proof of Liquidity Incentive Redirection
The yield comes from the 33% incentive tax collected from PoL protocols. When protocols pay incentives to validators for directing $BGT emissions, a 33% fee is collected during incentive distribution and sent to the Incentive Fee Collector. These fees are then auctioned for $WBERA through automated market mechanisms, and the
Auto-Compounding
Your rewards automatically compound without any manual intervention. No claiming is required as rewards are automatically reinvested, causing your $sWBERA tokens to increase in value over time.
Unstaking sWBERA
7-Day Unbonding Period
To convert your $sWBERA tokens back to $BERA or $WBERA, you'll need to unstake through the Staking Vault. The unstaking process has a 7-day unbonding period:
- Initiate withdrawal: Queue a withdrawal request through the Staking Vault interface
- Wait 7 days: Your withdrawal request enters a 7-day cooldown period
- Complete withdrawal: After the unbonding period ends, return to the interface to complete the withdrawal and receive your $WBERA tokens
Important Considerations
- No rewards earned during the unbonding period
- Withdrawal requests expire after 7 days if not completed
- Multiple requests: You can have multiple withdrawal requests active simultaneously
- Cancellation: Withdrawal requests can be cancelled before completion
For detailed instructions on the unstaking process, see the $BERA Staking Guide.