Dubai, United Arab Emirates, 23 January 2025, Pakinomist

Bybit, the world’s second largest cryptocurrency exchange by trading volume, is pleased to announce new reward opportunities through bbSOL staking on the Bybit Launchpool. Bybit users now have the opportunity to participate in mining through bbSOL staking and access various prize pools, all within a few clicks.

With the availability of innovative stake solutions, including bbSOL, balancing growth and stability need not be a challenge, even in fast-paced market conditions. With its floating stake on bbSOL, bbSOL is the first exchange token of its kind and is quickly emerging as a path to opportunity in the Solana ecosystem, registering $240 million in total value locked.

Exclusive bbSOL Launchpools currently available on Bybit allow users to win a share of OBT and SOSO pools: totaling up to 80 million OBT and 4 million SOSO tokens. The OBT Launchpool will run from now until January 27 at 10:00 UTC, while the SOSO Launchpool will be available until January 31 at 10:00 UTC. Eligible users can choose to bet in a pool of their choice to unlock rewards in OBT or SOSO:

• bet BBSOL, ETH or USDT to earn OBT tokens; or
• bet SOSO, BBSOL or USDT to earn SOSO tokens.

During the campaign period, users can mint bbSOL with SOL on Bybit Web3 using their Bybit Web3 Wallet and receive a subsidy in minting fees. In addition to the basic LST reward of 8% APY, users can transfer their bbSOL to Bybit’s main platform to participate in Launchpool’s staking mining. Through the SOSO and OBT mining pools, bbSOL players can enjoy additional rewards of up to 55% APY, creating multiple streams of returns. Even more, perks await VIP users with exclusive APY.

Bybit’s reward program is part of its mission to expand its Web3 ecosystem and strengthen its on-chain capabilities, where bbSOL will serve as a versatile key to on-chain capabilities.

For more information and Bybit Launchpool events, users can visit:

• Bybit Launchpool: Stake BBSOL, ETH or USDT to earn a share of 80,000,000 OBT
• Bybit Launchpool: Stake SOSO, BBSOL or USDT to earn a share of 4,000,000 SOSO

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit

Bybit is the world’s second largest cryptocurrency exchange by trading volume and serves a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit strategically collaborates with leading blockchain protocols to deliver robust infrastructure and drive on-chain innovation. Known for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unleash Web3’s full potential. Discover the future of decentralized economy at Bybit.com.

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