bDollar Shares loosely represent the value of the bDollar Protocol and trust in its systemic ability to maintain BDO to peg. During epoch expansions (when TWAP – time-weighted average price of BDO is above the 1 $BUSD peg), the protocol mints BDO and distributes it proportionally to all sBDO holders who have staked their tokens in the boardroom.
Additionally, sBDO are used to achieved a completely decentralized on-chain governance where sBDO holders have voting rights and the ability to create proposals to improve the protocol.
sBDO has a maximum total supply of 100,000 tokens. 15,000 sBDO are allocated to the team and DAO (7,500 each) and vested linearly over 12 months. The remaining 85,000 sBDO are allocated for incentivizing Liquidity Providers in 2 shares pools.

Shares loosely represent the value and trust in the bDollar Protocol and its pegging mechanisms. When staked in the bDollar Boardroom, shareholders will receive newly-minted BDO and Multi-Peg tokens if the respective tokens are above their peg.

Supply
sBDO has a maximum total supply of 100,000 tokens. Of these, 7,500 is allocated to the development team, and another 7,500 is allocated to the DAO. These 15,000 sBDO are vested linearly over 12 months. The remaining sBDO are allocated for incentivizing liquidity providers for a period of 12 months, which is anticipated to end in December 2021.

As of 3 May 2021, there were approximately 33,093 sBDO in circulation.The sBDO contract address is 0x0d9319565be7f53CeFE84Ad201Be3f40feAE2740.

Known Use Cases
The following is a list of known use cases for sBDO within the bEarn ecosystem:

Stake in the bDollar Boardroom: The main use case for sBDO.

During expansion, your staked sBDO will earn inflationary rewards when BDO and/or multi-peg tokens are expanding. Anticipated APR would exceed 1,000% APR when everything is over peg
During contraction, boardroom stakers will still receive their share of BDO that is bought back from bVaults and 5% of the burned BDO from bond purchasing.