Bybit, the world’s second-largest cryptocurrency exchange, introduces a new rewards program for stakers of bbSOL tokens on Bybit Launchpool. Users can earn rewards in two new-gen DeFi altcoins, OBT and SOSO, by staking bbSOL, ETH or USDT. The promotion offers a total of 80 million OBT and 4 million SOSO tokens.
Bybit , the world’s second-largest cryptocurrency exchange by trading volume, introduces a new program for its stakers on Bybit Launchpool . bbSOL owners can lock their tokens to obtain rewards in OBT and SOSO , two new-gen DeFi altcoins.According to the official statement by its team, global cryptocurrency exchange Bybit kickstarts a new rewards program for stakers of bbSOL tokens on Bybit Launchpool .
Eligible users may choose to stake in a pool of their choice to unlock rewards in OBT or SOSO; stake BBSOL, ETH or USDT to earn OBT tokens; or stake SOSO, BBSOL or USDT to earn SOSO tokens.During the promotion period, users can mint bbSOL with SOL on Bybit Web3 using their Bybit Web3 Wallet and receive subsidies in minting fees. In addition to the base LST reward of 8% APY, users can transfer their bbSOL to Bybit's main platform to participate in Launchpool’s staking mining.As covered by U.
Bybit’s comprehensive rewards program is part of its mission to expand its Web3 ecosystem and strengthen its on-chain capabilities, where bbSOL will serve as a versatile key to on-chain opportunities. By participating in the new promo, customers can get native tokens of Orbiter Finance, a ZK-tech-based interoperability protocol and AI-powered analytical platform for traders SoSoValue.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Bybit Bbsol Launchpool OBT SOSO Defi Cryptocurrency Exchange Staking Rewards
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Melania Trump launches cryptocurrency meme coin after President-elect Trump launches his ownMelania Trump announced Sunday that her new crypto meme was available to be purchased, just days after President-elect Trump announced the release of his own cryptocurrency.
Read more »
MELANIA Meme Coin Surges to $2 Billion Market Cap After Binance and Bybit ListingMELANIA, a meme coin launched by former First Lady Melania Trump, experienced a significant surge in value, reaching a market capitalization of nearly $2 billion. The rally was triggered by Binance and Bybit enabling trading services for the token. MELANIA's price briefly surpassed $13 before correcting to around $8. While the coin's popularity is undeniable, experts caution investors about its high concentration of ownership and the risks associated with volatile meme coins.
Read more »
Luxury Unfiltered: Why ultra-wealthy clients break up with luxury brandsGucci launches sixth chapter of Gucci Changemakers North America
Read more »
Luxury Unfiltered: Why Ultra-Wealthy Clients Break Up With Luxury BrandsGucci launches sixth chapter of Gucci Changemakers North America
Read more »
Beauty Brands Expand Retail ReachThis news article highlights several beauty brands expanding their retail presence. Victoria Jackson launches her own brand on QVC, Juna enters Erewhon stores, Olive & June is now available at CVS Pharmacy, Solawave partners with Face Haus for a Red Light Special facial, Love Wellness launches on QVC, and Australian brand launches online at Target.
Read more »
New ‘wellness court’ in Kensington for drug users launches Wednesday, as police prepare to ramp up drug enforcementA new fast-track court for people arrested for drug use in Kensington launches Wednesday.
Read more »