Binance Staked SOL
BNSOL
BNSOL represents staked SOL on Binance exchange. It is designed to accumulate staking rewards and to be used in DeFi.
Risk Rating
Good
What is Binance Staked SOL?
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Blockchain
- Solana
Info
- Asset Type: SPL
Key Metrics
Risk Assessment
Good
Asset Strength
BNSOL is a mid-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Binance Staking, a protocol rated as Best.
Dependencies
Binance Staking
Asset Tokenomics
BNSOL has an uncapped supply but has inflation control or burn mechanisms in place. BNSOL represents staked SOL on Binance exchange. It is designed to accumulate staking rewards and to be used in DeFi.
Things to know about BNSOL
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