Stader BNBx wallet

What is Stader BNBx (BNBX)?

Staking BNB normally locks it up. BNBx exists to avoid that: BNB deposited with Stader on BNB Smart Chain is delegated to validators, and the depositor gets BNBx back as a liquid claim on that stake. The claim stays transferable while the underlying BNB keeps working in the validator set.

The mechanic to internalize is that BNBx is an exchange-rate token, not a rebasing one. One BNBx is not one BNB and is not meant to be. The count of BNBx in the wallet stays exactly where it was from the day of the deposit; what shifts is how much BNB each BNBx redeems for. A holder comparing the BNBx number against their original BNB amount and concluding something went wrong has simply read the wrong line.

Getting BNB back has two routes: unstake through Stader, which follows the network's unbonding timing and is not instant, or swap BNBx on the market if you want out immediately. Either way, transactions are paid in BNB, so keep some unstaked.

Supported networks in Tangem (1): BNB Smart Chain.

Nothing about the exchange rate requires action from the holder - it advances on chain whether or not anyone opens a wallet, and Tangem simply queries the current figure when the app is launched. A card can sit unused between the deposit and the eventual unstake and still show the true position, which is why BNBx sits comfortably in cold storage.