Binance Staking Launches BNSOL Super Stake with REZ, a Leading Reststaking Protocol

Binance is excited to announce the 5th project on BNSOL Super Stake with our Binance Token Partner - Renzo (REZ), a leading restaking protocol on Ethereum and Solana.

Binance is thrilled to announce the 5th project on BNSOL Super Stake with our Binance Token Partner - Renzo (REZ), a leading restaking protocol on Ethereum and Solana, generating competitive risk reward restaking rewards.

Users who hold BNSOL or stake SOL into BNSOL in their Binance account or Binance Wallet from 2025-01-13 00:00 (UTC) to 2025-01-31 23:59 (UTC) will receive REZ APR Boost Airdrop Rewards respectively.

These REZ 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.

How to Claim REZ Rewards:

REZ APR Boost Airdrop Rewards will be available for daily claims at around 05:30 (UTC), from 2025-01-14 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 2025-02-01 05:30 (UTC).

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.

Related Materials:

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 REZ 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 in 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 REZ APR Boost Airdrop Rewards will be available for claim at 2025-01-14 05:30 (UTC), with the final rewards available at 2025-02-01 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 MPC Wallet. Users must hold the supported assets in their Binance MPC Wallet 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 - 3 days). Each BNSOL token will accrue SOL Staking rewards every epoch, in accordance with the refreshed APR on SOL Staking. Users can redeem their BNSOL tokens for corresponding on-chain staking rewards in the form of SOL, based on the refreshed BNSOL:SOL conversion ratio.

The redemption period for BNSOL is around four (4) days. Potential processing limitations on the Solana network, such as network failure or congestion, may affect redemptions. In such extreme cases, redemp