This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
BNSOL Super Staking will launch its third phase project - MANTRA (OM), a layer 1 blockchain built specifically for tokenizing real-world assets.
From 08:00 on January 1, 2025 to 07:59 on February 1, 2025 (GMT+8), users who hold BNSOL in their Binance accounts and Binance Wallets, or who stake SOL to BNSOL, will receive the OM APR Boost airdrop.
The OM APR Boost airdrop reward is an additional token airdrop provided on top of the Binance SOL Staking base annualized interest rate, providing users with a higher rate of return.
BNSOL Super Staking Reward Pool:
How to claim OM rewards:
OM APR Boost airdrop rewards will be available for redemption at around 13:30 (GMT+8) daily starting from January 2, 2025.
Eligible users can go to the SOL staking page and click [Get Rewards] to claim their rewards. Otherwise, these APR Boost airdrop rewards will be airdropped to the user's spot wallet at 13:30 (ET) on February 1, 2025 after the event ends.
How to get BNSOL:
There are three ways to obtain BNSOL:
Go to [SOL Pledge] on the [Wealth Management] page and click [SOL Pledge];
Stake SOL through Binance Wallet to get BNSOL;
Purchase BNSOL through [spot market], [instant exchange], [fixed investment plan], and [buy coins].
About BNSOL:
Binance SOL Staking (BNSOL) represents the user's staked SOL and the staking income obtained in a tradable and transferable form. Ordinary staking locks up the staked assets and can no longer be used for other purposes, increasing the user's opportunity cost. In contrast, with BNSOL, users can flexibly sell, transfer or use their staked SOL holdings. They can also transfer BNSOL to personal wallets (such as: Binance Wallet) and use it on non-Binance platforms while still earning staking income. Even if BNSOL is used for other Binance products or external DeFi applications to earn additional income, BNSOL can still accumulate staking income through the BNSOL:SOL exchange rate.
Related Materials:
Note:
Users must complete identity verification and pledge SOL to BNSOL. All BNSOL in eligible users' spot, funds, financial management, contracts, leverage and Binance wallet accounts can receive OM APR Boost airdrop rewards;
Binance parent accounts and sub-accounts holding BNSOL can also receive APR Boost airdrop rewards;
APR Boost airdrop rewards are token activities provided by related projects to Binance;
Binance will randomly take multiple snapshots of users' BNSOL holdings to calculate the user's daily average holdings and calculate rewards. The user's rewards are calculated based on the previous day's snapshot and will be updated every day;
The first batch of OM APR Boost airdrop rewards will be available for collection around 13:30 (GMT+8) on January 2, 2025; the final rewards will be available for collection around 13:30 (GMT+8) on February 1, 2025;
Users can accumulate daily rewards and claim them directly to their spot wallets at any time;
At this stage, decentralized BNSOL assets only support Binance MPC wallets. Users must hold supported assets in Binance MPC wallets to be eligible for rewards. Rewards will be available for claiming on the SOL staking page and will be transferred to the user's spot wallet;
Asset: Binance SOL (BNSOL)
Contract address: https://solscan.io/token/BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85
Before staking SOL, please refer to SOL Staking Terms of Use and Risk Warning;
BNSOL:SOL uses a dynamic exchange rate and is updated every Epoch on the Solana network (approximately every 2-3 days). Each BNSOL token will accumulate SOL staking income based on the updated SOL staking annualized rate of return at each epoch. Users can exchange BNSOL tokens for corresponding on-chain staking income (distributed in the form of SOL) based on the updated BNSOL:SOL exchange rate;
The redemption period for BNSOL is approximately 4 days. Potential processing limitations on the Solana network (such as network failures or congestion, etc.) may affect redemptions. In such extreme cases, redemptions may be affected;
Users can refer to the BNSOL contract address on the Solana network as follows:
Binance SOL staking and BNSOL use the original Stake Pool Program maintained by Solana Labs. This framework has been audited by multiple security companies and verified by multiple Liquidity Staking Token (LST) providers to fully ensure the safety of funds.
Participation in BNSOL Super Staking depends on the country or region where the user resides;
Due to current product and/or regulatory restrictions, users may face restrictions on Binance SOL staking access. Please refer to Binance Terms of Use for details;
Binance reserves the right to disqualify any participant who tampers with the Binance code or uses other software to interfere with the operation of the Binance code;
Binance reserves the right to cancel or modify the event or event rules at its sole discretion;
There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
Thank you for your support!
Binance Team
December 27, 2024