MANTRA (OM) Joins BNSOL Super Stake: Details on OM APR Boost Airdrop for BNSOL Holders
Binance has announced its latest initiative on the BNSOL Super Stake platform, spotlighting MANTRA (OM), a specialized Layer 1 blockchain designed for tokenized real-world assets.
December 31, 2024 by Decentralized Dog
Binance has announced its latest initiative on the BNSOL Super Stake platform, spotlighting MANTRA (OM), a specialized Layer 1 blockchain designed for tokenized real-world assets.
This development introduces an airdrop mechanism for users to enhance their earnings.
Airdrop Details and Timeline
From January 1, 2025, to January 31, 2025, users who hold BNSOL or stake SOL in their Binance accounts will be eligible for OM APR Boost Airdrop Rewards. This airdrop aims to supplement the standard annual percentage rate (APR) associated with Binance SOL staking.
The total rewards pool for this airdrop is set at 191,619.83 OM with daily distributions of approximately 6,181.28 OM throughout the campaign.
How to Claim OM Rewards
Eligible users can begin claiming their OM APR Boost Airdrop Rewards daily starting from January 2, 2025. The rewards will be available for claim around 05:30 UTC each day.
To claim, users should navigate to the SOL Staking page within their Binance account and select the Claim Rewards option.
For those who prefer a hands-off approach, any unclaimed rewards will automatically be airdropped to users' Spot Wallets after the campaign concludes on February 1, 2025, at 05:30 UTC. This ensures that all participants can easily access their rewards without having to actively claim them each day.
How to Acquire BNSOL
For users looking to participate in this rewarding opportunity, acquiring BNSOL is straightforward. There are three primary methods:
1. Stake SOL Directly: Users can navigate to the Earn section, select SOL Staking, and click on Stake SOL.
2. Utilize Binance Wallet: Stake SOL to BNSOL directly through the Binance Wallet.
3. Purchase BNSOL: Users can buy BNSOL on the Spot Market, utilize the Convert feature, engage in Auto-Invest, or access it through the Buy Crypto page.
Understanding BNSOL
Binance Staked SOL (BNSOL) presents a flexible alternative to traditional staking. Unlike conventional methods that lock up assets and limit their use, BNSOL allows users to trade, transfer, or utilize their staked SOL while still accruing rewards.
This flexibility mitigates the opportunity cost typically associated with staking, enabling users to engage in other financial activities without losing out on potential gains.
Wrap Up
The introduction of the MANTRA (OM) APR Boost Airdrop on Binance’s BNSOL Super Stake platform offers users a chance to earn additional rewards.
By holding or staking BNSOL, participants can take advantage of this airdrop, which may be of interest to those exploring opportunities within the crypto ecosystem.$OM