This is a general announcement, and the products and services mentioned here may not be applicable in your region.

Dear users:

BNSOL Super Staking will launch the seventh project - Solv Protocol (SOLV), a Bitcoin staking platform supported by its innovative Staking Abstraction Layer (SAL).

From March 27, 2025, 08:00 to April 11, 2025, 07:59 (UTC+8), users holding BNSOL in their Binance accounts and staking SOL to BNSOL will receive SOLV APR Boost airdrop rewards.

SOLV APR Boost airdrop rewards are additional token airdrops provided on top of the base annualized interest rate of Binance SOL staking, offering users higher yields.

BNSOL Super Staking Reward Pool:

Date

Total Reward Pool

Daily Reward Amount

From March 27, 2025, 08:00 to April 11, 2025, 07:59 (UTC+8)

7,700,000.00 SOLV

513,333.33 SOLV

How to claim SOLV rewards:

SOLV APR Boost airdrop rewards will be available for collection daily around 13:30 (UTC+8) starting from March 28, 2025.

Eligible users can go to the SOL staking page and click to claim their rewards. Otherwise, these APR Boost airdrop rewards will be airdropped to users'

Note:

How to obtain BNSOL:

There are three ways to obtain BNSOL:

立即质押SOL

About BNSOL:

Binance SOL Staking (BNSOL) represents the user's staked SOL and the earned staking rewards in a tradable and transferable format. Regular staking locks up staked assets, making them unavailable for other purposes, increasing the user's opportunity cost. In contrast, with BNSOL, users can flexibly sell, transfer, or use their staked SOL holdings, and can also transfer BNSOL to personal wallets (e.g., Binance Wallet) for use outside the Binance platform while still earning staking rewards. Even if BNSOL is used for other Binance products or external DeFi applications to earn additional rewards, BNSOL can still accumulate staking rewards through the BNSOL:SOL exchange rate.

Note:

  • Users must complete identity verification and stake SOL to BNSOL. Eligible users' BNSOL in spot, funding, wealth management, contracts, margin accounts, and Binance Wallet accounts can receive the SOLV APR Boost airdrop rewards;

  • Binance master and sub-accounts holding BNSOL can also receive APR Boost airdrop rewards;

  • The APR Boost airdrop reward is a token activity provided by the relevant project for Binance;

  • Binance will take multiple random snapshots of users' BNSOL holdings to calculate the user's daily average holdings and rewards. User rewards are calculated based on the previous day's snapshot and will be updated daily;

  • The first batch of SOLV APR Boost airdrop rewards will be available for collection around March 28, 2025, 13:30 (UTC+8); the final rewards will be available for collection around April 11, 2025, 13:30 (UTC+8);

  • Users can accumulate daily rewards and claim these rewards directly into their spot accounts at any time;

  • At this stage, decentralized BNSOL assets only support Binance Wallet non-custodial addresses. Users must hold supported assets in their Binance Wallet non-custodial address to qualify for rewards. Rewards will be available for collection on the SOL staking page and will be transferred to the user's spot account;

  • Before staking SOL, please refer to SOL staking terms of use and risk warnings;

  • BNSOL:SOL uses a dynamic exchange rate, updated once per Epoch on the Solana network (approximately every 2-3 days). Each BNSOL token will accumulate SOL staking rewards based on the updated SOL staking annualized yield for each epoch. Users can redeem BNSOL tokens for corresponding on-chain staking rewards (issued in SOL) based on the updated BNSOL:SOL exchange rate;

  • The redemption period for BNSOL is about 4 days. Potential processing limitations on the Solana network (such as network failures or congestion) may affect redemptions. In such extreme cases, redemptions may be impacted;

  • Users can refer to the BNSOL contract address on the Solana network, which is as follows:

  • Binance SOL staking and BNSOL use the original Stake Pool Program maintained by Solana Labs, which has been audited by multiple security companies and verified by several liquid staking token (LST) providers to ensure the safety of funds;

  • Participation in BNSOL Super Staking depends on the user's country or region of residence;

  • Due to current product and/or regulatory restrictions, users may face access limitations for Binance SOL staking. For details, please refer to Binance Terms of Use and Binance SOL staking terms;

  • For any participants who tamper with Binance program code or use other software to interfere with the operation of Binance program code, Binance reserves the right to disqualify their participation;

  • Binance reserves the right to cancel or modify activities or activity rules at its discretion;

  • There may be differences between the English original announcement and the translated version. In case of any discrepancies, please refer to the English original for the latest or most accurate information.

Thank you for your support of Binance!

Binance Team

March 25, 2025