HOW TO INCREASE YOUR YIELD WITH SOLANA AND ETHEREUM LIQUID STAKING

What is liquid staking?

Liquid staking allows you to lock up your tokens (like Solana or Ethereum) to earn rewards, but without losing access to liquidity. When you participate in liquid staking, you receive tokens equivalent to your locked assets, such as BNSOL (for Solana on Binance) or stETH (on platforms like Lido). These tokens can be used for trading, lending, or investing in DeFi protocols, in addition to accumulating the earnings from the original staking.

Why choose liquid staking?

Unlike traditional staking, where your assets are locked for a period of time, liquid staking offers:

Liquidity: You can exchange liquid tokens at any time, without having to wait for the unlock period.

Flexibility: Use liquid tokens in other DeFi applications, such as liquidity pools and farming, to maximize your earnings.

Double rewards: You can stake liquid tokens, such as BNSOL, generating extra yields while accumulating the earnings from the original staking.

How to liquid stake on Binance?

1. Token exchange: Convert your SOL tokens to BNSOL or ETH to BETH directly through Binance in the trading pairs attached in the post.

2. Stake liquid tokens: In the “Earn” tab, you can stake the new tokens (BNSOL or BETH) for additional yields.

If you still have questions, leave them in the comments! Follow for more tips on how to maximize your investments.