Unlocking Opportunities: Bybit Offers 50,000 USDT in bbSOL Rewards on On-Chain Earn
Dubai, United Arab Emirates, November 19th, 2024, Chainwire
As a top investment manager, it is crucial to stay informed about the latest opportunities in the financial market. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has recently announced a fresh prize pool of 50,000 USDT in bbSOL on Bybit On-Chain Earn. This limited-time offer presents a unique chance for users to maximize their staking potential and earn lucrative rewards. Here’s everything you need to know about this exciting opportunity:
How to Participate
- Users can stake bbSOL on On-Chain Earn from now until Nov. 28 to be eligible for the rewards.
- Simply stake your bbSOL and hold it for the duration of the campaign to qualify.
- Successful participants will receive a share of the prize pool in SOL based on their bbSOL holdings.
The Power of bbSOL
bbSOL has been a game-changer in Web3 staking as the first exchange-backed liquid staking token on the blockchain. With impressive returns and the ability to bridge on-chain and off-chain rewards, bbSOL has gained significant traction in the market. As of November 2024, over 120 million USDT is locked in bbSOL, showcasing its popularity and value.
“On-Chain Earn provides users with a seamless and efficient way to explore decentralized earning opportunities. We are dedicated to offering innovative projects in the DeFi space while catering to user demands for leading blockchains like Solana,” said Jerry Li, Head of Financial Products at Bybit.
Benefits of On-Chain Earn
Bybit’s On-Chain Earn feature simplifies the staking process for tokens like bbSOL, providing users with access to Web3 and Proof-of-Stake earning models. Here are some key advantages:
- Easy access to staking popular cryptocurrencies like ETH and SOL for competitive APR.
- Automated management of technical aspects like gas fees and node operations, ensuring a hassle-free experience.
- Flexibility to unstake at any time, giving users full control over their assets.
Discover the potential of SOL staking on Bybit’s On-Chain Earn platform and seize the opportunity to earn rewards in bbSOL.
About Bybit
Bybit is a leading cryptocurrency exchange with a focus on providing professional services to over 50 million users worldwide. Established in 2018, Bybit offers a high-speed matching engine, round-the-clock customer support, and a multilingual community. As a proud partner of Formula One’s Oracle Red Bull Racing team, Bybit continues to innovate and empower users in the crypto space.
For more information and updates, visit Bybit Press and follow Bybit’s social media channels for the latest news.
Contact: Tony Au, Head of PR, Bybit, tony.au@bybit.com
Original article: Bybit Unlocks 50,000 USDT in bbSOL Staking Rewards on On-Chain Earn