Binance Staked SOL
Binance Staked SOL
BNSOL
#10415
$196.64 USD
0.35% (1d)Market cap | $1.51B |
Volume (24h) | $10.99M |
FDV | $1.51B |
Vol/Mkt Cap (24h) | 0.73% |
Total supply | $7.70M |
Max supply | - |
Circulating supply | $7.70M |
Infomation
Website |
$196.64
(-0.36%)$197.58
$196.64
(-8.27%)$228.22
About 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, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
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