Binance, the largest cryptocurrency exchange, has announced that it will list the highly anticipated token Binance Staked SOL (BNSOL). Users can buy BNSOL through SOL staking or by depositing SOL or BNSOL to their Binance accounts. Additionally, Binance is offering a promotional offer for users who stake SOL, with up to 10% increased APR. BNSOL is a token that represents staked SOL and its rewards, which can be traded and transferred. Unlike regular staking, BNSOL provides flexibility to use the assets for other purposes while still earning rewards.



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