Binance just launched BNSOL, giving Solana holders game-changing way to stake their tokens, earn rewards and unlock instant liquidity
tokens and earn rewards through a liquid staking token, BNSOL. This token lets users trade, lend or use staked assets across Binance's product suite and decentralized finance platforms without losing staking rewards.Built on Solana's Stake Pool Program, BNSOL has lots of security features, including multiple audits, so investors can rest easy.
Before, Solana holders could not use their tokens on Binance, but now they can earn rewards and benefit from one of the largest platforms out there with With $103.49 billion in assets, Binance's move into the Solana ecosystem could bring even more liquidity to SOL and drive further investor interest. And while Solana has already gained a lot of traction in this altcoin cycle, Binance's participation could help accelerate the network's growth in new and unexpected ways.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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