Solayer, in collaboration with Bybit, launches the liquid staking token bbSOL

2024-09-05 18:56:10

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According to ChainCatcher news, the Solana ecosystem's re-staking protocol Solayer has announced a partnership with Bybit, Sanctum, Kamino Finance, and Orca to launch an innovative exchange-supported liquid staking token (LST) bbSOL. As Bybit's official LST, bbSOL will serve as an important bridge between the centralized and decentralized operations of the exchange. bbSOL holders can earn diversified rewards, including staking, liquidity mining, MEV rewards, and re-staking. Solayer, as the initial partner, provides native support for bbSOL, allowing users to earn additional rewards by delegating tokens to AVS. Since the mainnet launch last month, Solayer has attracted over 112,000 independent wallets to deposit more than $190 million worth of SOL, becoming one of the leading re-staking platforms in the Solana ecosystem.

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Solayer Bybit bbSOL

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