Binance Staked SOL (BNSOL) is a token representing your staked SOL on Binance, plus any staking rewards you've earned. It's designed to be easily traded and transferred. BNSOL gives you the freedom to sell, move, or use your staked SOL while still accruing rewards, even outside the Binance ecosystem. The value of BNSOL increases relative to SOL over time as it accumulates staking rewards, and you can even use it in other Binance products or DeFi platforms to potentially earn even more.
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