- #8630
BlazeStake Staked SOL BSOL
BSOL Price
Market Cap
--Rank #8630FDV
$366.25 MRank #2938Investors
X Followers
Detailed Performance
BSOL shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
BSOL to USD Converter
Price History
- All-Time High
- $71,717.55254.06x to ATH
- All-Time Low
- $0.0000228812337850x to ATL
- Trade Launch Date
- 6 Dec, 2022
716 days ago
Exchanges
Exchanges type
About BSOL
BlazeStake Staked SOL refers to the tokens that you receive when you stake your SOL (Solana) tokens on the BlazeStake platform. These staked tokens are called bSOL and they appreciate in value over time relative to the staking rewards. When you stake your SOL, the protocol automatically distributes and stakes your tokens across multiple validators according to their delegation strategy, helping to further decentralize the Solana network. By staking SOL and holding bSOL, you can participate in voting for Solana ecosystem proposals and also receive airdrops. Additionally, a portion of the staking rewards goes towards the BlazeStake Treasury, which supports the Solana ecosystem. The BlazeStake protocol is secure and non-custodial, ensuring that your funds are always under your control.
What makes BlazeStake Staked SOL unique?
BlazeStake Staked SOL is unique compared to other cryptocurrencies because it offers a combination of features and benefits.
First, when you stake your SOL, you receive staked tokens called bSOL. These bSOL tokens appreciate in value over time relative to staking rewards. This means that by staking your SOL, you can earn additional tokens that increase in value, providing potential for greater returns.
Additionally, the protocol automatically stakes your SOL across multiple validators according to a delegation strategy. This helps to further decentralize the Solana network, enhancing its security and resilience.
Furthermore, by holding more bSOL, you can receive more airdropped tokens. A portion of the staking rewards goes towards the BlazeStake Treasury, which supports the Solana ecosystem. This means that by staking your SOL, you not only earn rewards but also contribute to the development and growth of the Solana network.
Moreover, BlazeStake Staked SOL can be used in decentralized finance (DeFi) applications to increase your rewards. For example, you can provide liquidity on a decentralized exchange using your bSOL. Whenever someone swaps for bSOL on the exchange, you receive a share of the swap fees. This allows you to maximize your earnings by participating in DeFi activities.
Overall, BlazeStake Staked SOL offers a unique combination of staking rewards, decentralization support, airdrops, and DeFi opportunities, making it stand out among other cryptocurrencies.
Live BlazeStake Staked SOL Price Data
The current price of BlazeStake Staked SOL (BSOL) is approximately $282.29, reflecting a increase of 1.67% in the last 24 hours. The BSOL trading volume in the last 24 hours stands at $4.70 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand BlazeStake Staked SOL's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on BSOL, check out our crypto insights page.
Official Links
BSOL to USD Converter
Price History
- All-Time High
- $71,717.55254.06x to ATH
- All-Time Low
- $0.0000228812337850x to ATL
- Trade Launch Date
- 6 Dec, 2022
716 days ago