bSOL represents staked SOL on BlazeStake protocol. It is designed to accumulate staking rewards and to be used in DeFi.
bSOL is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of BlazeStake, a protocol rated as Good.
BlazeStake
bSOL has an uncapped supply but has inflation control or burn mechanisms in place. bSOL represents staked SOL on BlazeStake protocol. It is designed to accumulate staking rewards and to be used in DeFi.