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#BNSOL
Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes - it increases a user's opportunity cost.
In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
Binance Staked SOL (BNSOL) represents your staked SOL plus the staking rewards received, in a tradable and transferable form. Ordinary staking would lock up your staked assets, which means you cannot use them for other purposes - it increases a user's opportunity cost.
In contrast, BNSOL provides flexibility to sell, transfer, or use the staked SOL position. You can even move BNSOL to a personal wallet and use it outside the Binance platform whilst still earning rewards. BNSOL accumulates staking rewards through the BNSOL:SOL conversion rate on Binance SOL Staking, even when it is used in other Binance products or external DeFi applications for additional yield opportunities.
#Gas is one of the two coins created by Neo Foundation. Gas is used as a processing fees for Neo coin.
#Neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block.
#Neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction). It is a coin that is paid as compensation of a concept of interest generated by PoS mining.
At the beginning of the release, about one Neo was paid per day with 1000 Neo, but it has a design algorithm that is gradually decreasing over time, which is offset by the price increase.
It is a coin that is closely related to Neo, walking along the path of the companion with the rise of Neo, and it forms a necessary relationship that the movement must be moving in a fluid manner.
#Neo hashing algorithm is Proof of Stake (PoS), where blocks processing power depends on the amount of tokens held by miners instead of the Proof of Work method which depends on the mining power that a miner has to create a new block.
#Neo holders is compensated with certain amount of Gas every month, is a similar concept to the ether gas and is used as a power for transaction (transaction). It is a coin that is paid as compensation of a concept of interest generated by PoS mining.
At the beginning of the release, about one Neo was paid per day with 1000 Neo, but it has a design algorithm that is gradually decreasing over time, which is offset by the price increase.
It is a coin that is closely related to Neo, walking along the path of the companion with the rise of Neo, and it forms a necessary relationship that the movement must be moving in a fluid manner.
@PiCoreTeam
Oct 3rd - 6:43pm
Apply to the global Pi Influencer Program to expand your reach, and contribute to Pi's growth as we approach the Open Network. If you're a passionate influencer who creates any type of content and is ready to elevate your impact and grow your influence, tap “Learn More” for additional information and “Apply” in the Pi Profiles app settings via the Pi Browser. We look forward to possibly collaborating with you to shape the future of our community.
Oct 3rd - 6:43pm
Apply to the global Pi Influencer Program to expand your reach, and contribute to Pi's growth as we approach the Open Network. If you're a passionate influencer who creates any type of content and is ready to elevate your impact and grow your influence, tap “Learn More” for additional information and “Apply” in the Pi Profiles app settings via the Pi Browser. We look forward to possibly collaborating with you to shape the future of our community.
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!$$
$GAS is going to press GAS!!!!!
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