Binance Wallet Financial Management Exclusive Event: Participate in Renzo staking event, stake at least 0.2 SOL to Yield+SOL bzSOL or ezSOL strategy, and share $375,000 in rewards. Currently bzSOL TVL=$5.52M, APY=40.6%, ezSOL TVL=$83.56M, APY=38.79%, the event period is 30 days, and the redemption processing time after expiration is about 4 days.
You can prepare a certain amount of SOL (at least 0.21, otherwise it will not be enough for 0.2SOL after deducting the handling fee) to pledge according to the actual situation. I bought SOL at more than 140 when the event just came out. At that time, APY was more than 100%. If you think the price of SOL is too expensive now, you can borrow SOL. The current interest rate is only 2%, and there is more than 30% arbitrage space. Of course, as TVL increases, APY will also decrease. Therefore, it is recommended that those who want to participate in the event now participate in event B and pledge bzSOL. The TVL of the pool is only more than 5M, and the APY will be relatively high.
Why is it recommended to participate in this event? This kind of agreement with Binance to launch exclusive events will basically have airdrops in the future. If you participate now, you can not only get high interest, but Renzo will also issue airdrops based on the number of SOLs you pledged, which is a sure profit.
