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People often ask me, why do I deposit 10 BNB but only see 9.7 slisBNB in my wallet? Was I scammed?
Actually, this is a very common misunderstanding. To put it simply, you need to understand the logic of liquidity staking—slisBNB is essentially an appreciation token, and its value increases over time.
Let's look at the timeline. When ListaDAO first started operating, 1 slisBNB was equal to 1.00 BNB. But as staking rewards from nodes on the chain continuously flow into the liquidity pool, by now (January 2026), the exchange rate has risen to 1 slisBNB = 1.03 BNB. Doing the math: 9.7 slisBNB × 1.03 ≈ 10.0 BNB. You haven't lost a penny.
Even more interesting is that this exchange rate will continue to climb—next it might become 1.04, 1.05, or even higher. When you actually redeem the tokens, the amount of BNB you receive will be more than what you initially deposited. This is the power of compound interest working, genuinely increasing your value.
So, when playing with these kinds of products, don't focus on the number of tokens. The key is the total value. Here, time equals money.