Binance Staked SOL Price (bnsol/CAD)
Binance Staked SOL
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Binance Staked SOL market data
Trading Volume
24h
Circulating Supply
8,404,908.668085273
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
8,404,908.668085273
BID
N/A
ASK
N/A
What Is Binance Staked SOL (BNSOL)?
Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes – it increases a user's opportunity cost.
In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
Other Coins
Materials related to Binance Staked SOL
Blog
News
Videos