Here is JB commenting on the fact of recognition in Lordship and Bondage is really about self-loss.
Here is the JB quoting from Hegel’s Phenomenology:
Self-consciousness is faced by another self-consciousness; it has come out of itself. This has a two-fold significance: first, it has lost itself, for it finds itself as an other being; secondly, in doing so it has superseded the other, for it does not see the other as an essential being, but in the other sees its own self. (para 178)