Binance has introduced BNSOL - Binance SOL Staking

Users can securely stake their SOL tokens and receive BNSOL in return, a liquid staking token that represents their staked assets.

BNSOL allows users to continue earning staking rewards while keeping the flexibility to trade, lend, or utilize their assets across various Binance products and external DeFi platforms.

Each BNSOL represents 1 staked SOL plus the accumulated staking rewards. Over time, as SOL staking rewards accumulate, the value of 1 BNSOL progressively exceeds that of 1 SOL.

Users can withdraw their BNSOL to their Web3 Wallet and explore Solana protocols that have integrated with BNSOL, such as Kamino, Solayer, Drift, Orca, Meteora, MarginFi, Raydium, Sanctum, Save, Jupiter, and Pyth.

Binance has introduced BNSOL - Binance SOL Staking

Users can securely stake their SOL tokens and receive BNSOL in return, a liquid staking token that represents their staked assets.

BNSOL allows users to continue earning staking rewards while keeping the flexibility to trade, lend, or utilize their assets across various Binance products and external DeFi platforms.

Each BNSOL represents 1 staked SOL plus the accumulated staking rewards. Over time, as SOL staking rewards accumulate, the value of 1 BNSOL progressively exceeds that of 1 SOL.

Users can withdraw their BNSOL to their Web3 Wallet and explore Solana protocols that have integrated with BNSOL, such as Kamino, Solayer, Drift, Orca, Meteora, MarginFi, Raydium, Sanctum, Save, Jupiter, and Pyth.

https://www.binance.com/en/solana-staking

https://www.binance.com/en/support/announcement/binance-introduces-bnsol-earn-sol-staking-rewards-and-unlock-liquidity-on-solana-de5969a9c20f42088fcf039101370e15