Binance Staked SOL protocol
Overview
Binance Staked SOL (BNSOL) is a liquid staking token issued by Binance on the Solana blockchain. It represents staked SOL and accrues staking rewards, allowing holders to trade or use BNSOL in DeFi protocols while maintaining exposure to staked SOL.
Within the DeFi Intel graph, Binance Staked SOL connects to 1 tracked entity, most strongly to Solana.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Solana | 95% |
Frequently asked questions
What is Binance Staked SOL?
Binance Staked SOL (BNSOL) is a liquid staking token issued by Binance on the Solana blockchain that represents staked SOL and accrues staking rewards.
What blockchain is Binance Staked SOL deployed on?
Binance Staked SOL is deployed on the Solana blockchain.
How does Binance Staked SOL work?
BNSOL represents staked SOL and accrues staking rewards, allowing holders to trade or use it in DeFi protocols while maintaining exposure to staked SOL.