What is BNSOL? Everything You Need to Know !

The post What is BNSOL? Everything You Need to Know ! appeared first on Coinpedia Fintech News

The largest crypto exchange Binance published a cryptic message in its X(formerly Twitter) on August 29. Only five characters “BNSOL” were there in the post which sparked a flurry of speculations. The community started to wonder if Binance is bringing in a new Product or if there is some partnership going to happen. That was a very smart move by Binance, just dropping a teaser to get the community to wonder its next move.

We did some research about BNSOL and found something very interesting that we shared with our readers. We were not confident but it looked like we found the right answer to “What is BNSOL”. Today Binance tweeted and confirmed that our research was right. 

In a very short time, liquid staking will get a new fren—BNSOL.

Remember, 1 BNSOL = 1 SOL + your staking rewards.

Get ready to stake securely and explore web3 with #Binance.

Here’s what you need to know