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.

ChainCatcher message, Bybit announced the launch of the exchange-supported liquid staking token bbSOL on the Solana chain. bbSOL serves as a bridge between the Bybit centralized exchange (CEX) and Web3 platforms, providing users with returns. By staking Solana (SOL) on Bybit Web3, users will receive bbSOL tokens, unlocking more earning opportunities within Bybit's CEX and Web3 products.Additionally, Bybit has launched the Sanctum token CLOUD, which has currently increased by 15%.