Alpha

Bybit is excited to announce a significant increase in the Annual Percentage Yield (APY) for bbSOL, the first exchange-backed Liquid Staking Token (LST) on Solana.

Since its launch on September 5, bbSOL has consistently offered an APY of approximately 7%. To enhance your staking experience and offer a more competitive rate, we are now boosting this APY 

Ready to unlock these amplified rewards? Here's how to get started:

• Use your existing Bybit Web3 Wallet or a supported third-party wallet like Phantom.

• Need a wallet? Create a Bybit Web3 Wallet in minutes. See our guides for [Seed Phrase](https://www.bybit.com/en/help-center/article/How-to-Get-Started-With-Seed-Phrase-and-Private-Key-Wallet) or [Cloud Wallet](https://www.bybit.com/en/help-center/article/How-to-Get-Started-with-Bybit-Web3#a). 

Ensure you have a sufficient amount of SOL in your wallet. You can:

• Purchase SOL on Bybit's [DEX Pro](https://www.bybit.com/en/web3/dex) and Solana DEX. OR,

Visit the [bbSOL page](https://www.bybit.com/en/web3/staking/BybitSOL) and stake your SOL to receive bbSOL tokens. Track your rewards through your personalized dashboard.

[Stake Now]<https://www.bybit.com/en/web3/staking/pool/77>

By staking SOL for bbSOL, you not only benefit from the increased APY but also have the flexibility of using bbSOL in various DeFi applications on the Solana network.

You can also swap for bbSOL on popular platforms like [Jupiter](https://jup.ag/swap/SOL-bbSOL) or [Sanctum](https://app.sanctum.so/trade/SOL-bbSOL). 

Boost your earnings today with bbSOL's boosted APY. Stake your SOL now and take full advantage of this limited-time opportunity.

Supercharge Your Staking with bbSOL APY Boost: Now Up to 20%

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