$BNB $SOL
Dear #Binancians ,
🎯 How To Get BNSOL:
There are 3 ways to get #BNSOL :
Navigate to [Earn] > [SOL Staking] and click [Stake SOL].Stake your SOL to BNSOL on the Binance Web3 Wallet. Deposit BNSOL into your Binance account.
🎉 Promotion: Stake SOL to Receive BNSOL & Enjoy an APR Boost of up to 10%! 📈
During the promotion period, all new and existing BNSOL holders will earn an APR of up to 10%. 🌟
📅 Promotion Period: Approx. 8 - 10 days from 2024-10-16 (UTC).
Note: The APR will likely fluctuate between 8% and 10%, depending on the Total Value Locked (TVL), which is updated every 2-3 days (each epoch). After the promotion, the APR will return to the normal rate. For updates on APR, visit the Binance SOL Staking page.
🔎 #About #BNSOL
Binance Staked SOL (BNSOL) represents your staked SOL plus staking rewards, in a tradable and transferable form. Unlike ordinary staking, which locks your SOL, BNSOL offers flexibility. You can sell, transfer, or use your staked SOL, reducing opportunity costs. 💡
You can even move BNSOL to personal wallets, such as the Binance Web3 Wallet, and still earn rewards. BNSOL continues accumulating staking rewards through the BNSOLconversion rate, even when used in other Binance products or external DeFi applications for additional yield opportunities. 💰
🗒️ Important Notes:
The BNSOLconversion ratio is dynamic and updates every 2-3 days (epoch). The Boosted APR begins from Epoch 685 on 2024-10-16 at 00:40 (UTC).Users staking SOL during the current epoch will enjoy the Boosted APR after the next epoch refresh.Review the Binance SOL Staking Terms and Conditions and Risk Warnings before staking.
Stay updated and thank you for your support! 🙏💙