How to obtain BNSOL:

There are three ways to do it:

Go to [Earn] > [SOL Staking] and click on [Stake SOL].

Stake SOL for BNSOL in the Binance Web3 Wallet.

Deposit BNSOL into your Binance account.

Start trading on Binance Spot now!

Promotion: stake SOL to get BNSOL and enjoy an enhanced APR of up to 10%

During the promotional period, new and existing BNSOL holders will access an APR rate of up to 10%*.

Promotional period: between 8 and 10 days starting from October 16, 2024 (UTC).

* Note: The APR is likely to be between 8% and 10% during the promotional period, with variations depending on the total value locked from 2 to 3 days (each epoch). After the promotional period, the APR will return to its usual value. To see the most updated APR rate, visit the Binance SOL Staking page.

About BNSOL:

Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in an operable and transferable form. Regular staking would lock your staked assets, meaning you cannot use them for other purposes. This increases the opportunity cost for the user. In contrast, BNSOL offers flexibility to sell, transfer, or utilize the staked SOL position. You can even move BNSOL to a personal wallet, such as the Binance Web3 Wallet, and use it outside the Binance platform while still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate, even when used in other Binance products or external DeFi applications for additional yield opportunities.$SOL