From Investing.com

November 19, 2024 5:00 AM:

Bybit unlocks 50,000 USDT in bbSOL rewards for staking on On-Chain Earn, available for a limited time until Nov. 28. Users who stake bbSOL stand to share the rewards chest by holding for the campaign duration, receiving rewards in SOL based on their holdings. bbSOL has recorded over 120 million USDT in total value locked since launch as the first exchange-backed liquid staking token on the blockchain.

On-Chain Earn by Bybit offers a user-friendly solution for staking tokens like bbSOL, providing easy access to Web3 and Proof-of-Stake earning models. Users can stake popular cryptocurrencies such as ETH and SOL for competitive APR without worrying about gas fees or node management. On-Chain Earn gives users flexibility to unstake anytime, making it hassle-free to earn rewards in the digital asset space.

Jerry Li, Head of Financial Products at Bybit, highlights the benefits of On-Chain Earn, offering users a seamless channel to decentralized earning opportunities. Bybit prioritizes user demands by providing access to innovative DeFi projects and sought-after blockchains like Solana. With the introduction of bbSOL on On-Chain Earn, users can experience the full potential of the digital asset space with ease on Bybit.

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, caters to over 50 million users with a professional platform offering an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Established in 2018, Bybit is a proud partner of Formula One’s reigning champions, the Oracle Red Bull Racing team. Stay updated on Bybit’s latest offerings and community updates through their social media channels.

Read more at Investing.com: Bybit Unlocks 50,000 USDT bbSOL Staking Rewards on On-Chain Earn By Chainwire