BBSOL represents staked SOL on Bybit exchange. It is designed to accumulate staking rewards and to be used in DeFi.
BBSOL is a low-cap, fully collateralized asset. This asset depends on a centralized entity for custody services. This asset is exposed to the underlying risks of Sanctum Validator LSTs, a protocol rated as Good.
BBSOL has an uncapped supply but has inflation control or burn mechanisms in place. BBSOL represents staked SOL on Bybit exchange. It is designed to accumulate staking rewards and to be used in DeFi.