Binance launches BNSOL Super Staking with MANTRA rewards

Binance’s BNSOL Super Staking program introduces MANTRA, which offers enhanced staking returns while preserving the liquidity of staked Solana tokens.

MANTRA (OM) is now part of Binance’s BNSOL Super Staking program, which has officially begun its third phase. Thanks to this effort, users who own or stake BNSOL can earn higher staking rewards through the OM APR Boost Airdrop.

Offering a total prize pool of 191,619.83 OM with daily payouts, the program will run between January 1 and February 1, 2025. Users can earn staking rewards while maintaining liquidity using BNSOL, a staking token for Solana (SOL).

BNSOL represents staked SOL and its associated rewards. When users stake their SOL tokens on Binance, they receive BNSOL, a liquid staking token that provides liquidity, allowing users to trade, borrow or leverage their staked SOLs between Binance products and DeFi platforms.

This is the opposite of traditional SOL staking, which locks up assets. Since 1 BNSOL represents 1 SOL plus accrued staking rewards, this innovation allows users to maximize their staking rewards without locking up their assets.

The BNSOL Super Staking program takes full advantage of the high-performance features of the Solana blockchain, including scalability and high transaction speeds. The SOL network is ideal for decentralized applications, and users can benefit from this robust infrastructure while enjoying liquidity by staking SOL through Binance.

As staking rewards accumulate, the value of BNSOL increases, giving users the chance to earn more profits. For more information on how to participate and claim your rewards, visit the official Binance page.