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Cryptocurrency News Articles

Binance Introduces BNSOL Super Stake with New Bitcoin Staking Platform - Solv Protocol (SOLV)

Mar 25, 2025 at 01:18 pm

Binance is excited to announce the 7th project on BNSOL Super Stake with our Binance Token Partner - Solv Protocol (SOLV), a Bitcoin staking platform

Binance Introduces BNSOL Super Stake with New Bitcoin Staking Platform - Solv Protocol (SOLV)

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is excited to announce the 7th project on BNSOL Super Stake with our Binance Token Partner - Solv Protocol (SOLV), a Bitcoin staking platform, powered by its innovative Staking Abstraction Layer (SAL).

Users who hold BNSOL or stake SOL into BNSOL in their Binance account or Binance Wallet from 2025-03-27 00:00 (UTC) to 2025-04-10 23:59 (UTC) will receive SOLV APR Boost Airdrop Rewards respectively.

These SOLV APR Boost Airdrop Rewards are additional token airdrops given on top of the base APR from Binance SOL Staking, providing an extra boost of higher APR to users’ earnings.

BNSOL Super Stake Rewards Pool:

How to Claim SOLV Rewards:

SOLV APR Boost Airdrop Rewards will be available for claim at around 05:30 (UTC) daily, from 2025-03-28 onwards.

Eligible users can visit the SOL Staking page and click [Claim Rewards] to claim their rewards. Otherwise, these APR Boost Airdrop Rewards will be airdropped to users’ Spot Accounts after the campaign ends at 2025-04-11 05:30 (UTC).

Note:

Users can earn additional APR rewards by subscribing these airdrop rewards to SOLV Earn Locked Products. Navigate to [Earn] > Look for [SOLV] and click [Confirm].

How to Get BNSOL:

There are three ways to get BNSOL:

Navigate to [Earn] > [SOL Staking] and click [Stake SOL].

Stake SOL to BNSOL on Binance Wallet.

Buy BNSOL on the Spot Market, Convert, Auto-Invest, or the Buy Crypto page.

About 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. In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet, such as Binance Wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.

For More Information:

Binance Introduces BNSOL

Binance Wallet Earn Update: Enhancing Simple Yield with 13 New Protocols and Binance SOL Staking

BNSOL Frequently Asked Questions

What is BNSOL

Notes:

Users must complete identity verification and stake SOL to BNSOL. All BNSOL in eligible users’ Spot, Funding, Earn, Futures, Margin Accounts and Binance Wallets are qualified to enjoy SOLV APR Boost Airdrop Rewards.

BNSOL holders on Binance, including master accounts and sub-accounts holding BNSOL, will all be able to enjoy APR Boost Airdrop Rewards.

APR Boost Airdrop Rewards are contributions made by the respective protocol team to Binance with the express purpose of facilitating promotional activities.

Snapshots of users’ BNSOL positions will be taken multiple times at any point of time to get their daily average balances and calculate their rewards. Users’ rewards are calculated based on the previous day’s snapshot and will be updated daily.

The first SOLV APR Boost Airdrop Rewards will be available for claim at 2025-03-28 05:30 (UTC), with the final rewards available at 2025-04-11 05:30 (UTC).

Users will be able to accumulate their rewards and claim these rewards directly to their Spot Accounts at any time.

Currently, DeFi BNSOL Assets only supports Binance Wallet (Keyless). Users must hold the supported assets in their Binance Wallet (Keyless) to be qualified for any rewards. Rewards will be available for claim on the SOL staking page and will be transferred to the user’s Spot Account:

Asset: Binance Staked SOL (BNSOL)

Contract Address: https://solscan.io/token/BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85

Please refer to Binance SOL Staking Terms and Conditions and Risk Warning prior to using SOL Staking.

The BNSOL:SOL conversion ratio is dynamic and will be updated per Epoch on the Solana network (approximately every 2 to 3 days). Each BNSOL token will accrue SOL Staking

Disclaimer:info@kdj.com

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Other articles published on Mar 29, 2025