BinanseStaker
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What is #BinanseStaker $SOL
(BNSOL) and what can you do with it?
Binance Staked SOL ($BNSOL ) represents your staked SOL plus the rewards earned from staking in a form that is available for trading and transferring. Typically, staking involves freezing the invested assets, which means they cannot be used for other purposes. This increases the user's opportunity cost. In contrast, BNSOL provides the ability to sell, transfer, or utilize SOL positions in staking. You can even move BNSOL to a personal wallet, such as the Web3 Wallet from Binance, and use it outside of the Binance platform while still earning rewards. Staking rewards are calculated based on the conversion rate of BNSOL:SOL — even if BNSOL is used in other Binance products or external DeFi applications for additional profit.
(BNSOL) and what can you do with it?
Binance Staked SOL ($BNSOL ) represents your staked SOL plus the rewards earned from staking in a form that is available for trading and transferring. Typically, staking involves freezing the invested assets, which means they cannot be used for other purposes. This increases the user's opportunity cost. In contrast, BNSOL provides the ability to sell, transfer, or utilize SOL positions in staking. You can even move BNSOL to a personal wallet, such as the Web3 Wallet from Binance, and use it outside of the Binance platform while still earning rewards. Staking rewards are calculated based on the conversion rate of BNSOL:SOL — even if BNSOL is used in other Binance products or external DeFi applications for additional profit.
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For love only between us #BinanseStaker
- The step was met with mixed reactions in the cryptocurrency community, as some supporters expressed disappointment that it did not specify that the largest cryptocurrency would be at the center of the national reserve.
- Sachs said the group "will make America the capital of the world for cryptocurrencies under Trump's leadership" ²#binancesguaar #BinanceSquareBTC $BTC $ETH $BNB
- The step was met with mixed reactions in the cryptocurrency community, as some supporters expressed disappointment that it did not specify that the largest cryptocurrency would be at the center of the national reserve.
- Sachs said the group "will make America the capital of the world for cryptocurrencies under Trump's leadership" ²#binancesguaar #BinanceSquareBTC $BTC $ETH $BNB
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