Binance Staked SOL BNSOL
$106+1.1% 24h
Overview
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Best flexible rates
No Earn products for BNSOL right now
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Active launchpools
No active launchpools with BNSOL right now
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Next unlock
No scheduled unlocks
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Exchanges with this coin
BinanceAbout Binance Staked SOL
- Type
- Liquid staking
- DeFi
- Decentralized Finance (DeFi)
- Solana Ecosystem
- Liquid Staking Tokens
- Liquid Staked SOL
- +1
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Project description
Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost.
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In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
Source: CoinGecko
Earn on BNSOL
No Earn products for BNSOL on the 11 exchanges right now
Questions and answers
- What is Binance Staked SOL (BNSOL)?
- Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost. Categories: Decentralized Finance (DeFi), Solana Ecosystem, Liquid Staking Tokens, Liquid Staked SOL, Liquid Staking.
Launchpools with BNSOL
There have been no launchpools with BNSOL