# sSEN

## Overview

Staked **SEN** (**sSEN**) is used to access fee-sharing and governance.

Protocol revenues (**real yield**) drive the increase in **sSEN** value.

### How does sSEN work?[​](https://docs.bunni.pro/docs/tokenomics/velit#how-do-you-get-velit) <a href="#how-do-you-get-velit" id="how-do-you-get-velit"></a>

**sSEN** is obtained by staking **SEN**. Deposits have a lock period of 24 hours and no tax.

Staked SEN **(sSEN)** can be redeemed for an increasing amount of **SEN** tokens.

Protocol revenues, which are automatically converted into **SEN** and sent to the staking contract, that allows redemptions, dictate the growth rate. The conversion also generates an additional form of **SEN** buying pressure.

The redemption ratio is the amount of **SEN** redeemed from 1 **sSEN**. The redemption ratio starts at "1.00". The current growth rate is displayed as *Staking APR*.

**sSEN** is intended to continuously compound and can be redeemed for the corresponding **SEN** amount at any moment with no penalties.

### What is the utility of sSEN?[​](https://docs.bunni.pro/docs/tokenomics/velit#what-is-the-utility-of-velit) <a href="#what-is-the-utility-of-velit" id="what-is-the-utility-of-velit"></a>

* [**Revenue Redistribution**](/seneca-protocol/seneca-protocol/revenue-redistribution.md)
  * **sSEN** holders access the protocol's fee-sharing (**real yield**). The **sSEN** redemption ratio directly increases as a result of the revenue redistribution, with further claims being available to the user.
* [**Governance**](/seneca-protocol/seneca-protocol/governance.md)
  * Join the Senate and vote on new collateral whitelisting, *Apricus Chambers* replenishment, and protocol parameter changes.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://seneca-protocol-docs.gitbook.io/seneca-protocol/tokenomics/ssen.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.