Binance To List Binance Staked SOL (BNSOL) with 10% APR

Written By:
Iyiola Adrian

Reviewed By:
Dhara Chavda

Binance To List Binance Staked Sol (Bnsol) With 10% Apr

Binance has officially confirmed the upcoming listing of Binance Staked SOL (BNSOL) for trading on October 10, 2024, at 08:00 UTC. According to the announcement, the BNSOL/SOL trading pair will allow traders to engage in more dynamic market activities.

Binance Listing Bnsol Announcement
Source: X

To get BNSOL, users can stake SOL through Binance’s “Earn” feature, use the Binance Web3 Wallet, or deposit existing BNSOL tokens into their accounts.

Additionally, Binance has announced a promotion that will run from October 16, 2024, for 8–10 days, where new and existing BNSOL holders can enjoy boosted returns of up to 10% APR.

However, this rate may fluctuate based on the total value locked every 2–3 days. After the promotion, the APR will return to its usual rate.

Also Read: Binance May List MAJOR Coin Soon, Speculation Soars



TAGGED:
Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions. He is proficient in SEO optimization.
Dhara is a crypto content analyst and writer with over 2 years of experience in the industry. Dhara has a deep understanding of the crypto market and is well-versed in various blockchain technologies. Dhara is also an avid trader and stays current with the latest trends and news in the crypto world. With Dhara's expertise and passion for the industry, readers can expect insightful and informative content.