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Get ready to maximize your earnings with Bybit’s On-Chain Earn. Whether you’re a new or seasoned trader, it's the perfect chance to turn your bbSOL holdings into a share of a 50,000 USDT prize pool in SOL!

Event Period: Nov 18, 2024, 4AM UTC – Nov 28, 2024, 4AM UTC

Stake SOL through On-Chain Earn during the event period to receive bbSOL. 

A 50,000 USDT prize pool in SOL will be distributed based on your eligible bbSOL holdings.

[On-Chain Earn]<https://www.bybit.com/en/earn/pos>

Bridge On-Chain and Off-Chain Rewards: bbSOL seamlessly integrates Bybit Exchange and Web3, making it Bybit’s first LST. It offers stable and consistent rewards across platforms, maximizing user benefits in both on-chain and off-chain applications. 

Note: 1 bbSOL = 1.0349 SOL (subject to real-time rates)

Bybit On-Chain Earn is a user-friendly platform that lets you stake popular Proof-of-Stake (PoS) cryptocurrencies like ETH and SOL to earn competitive APR with ease. With our hassle-free service, you can avoid the complexities of gas fees, node operations, and reward distribution — everything is managed for you. Simply stake your crypto, secure stable rewards, and contribute to blockchain security and innovation. Enjoy the flexibility to unstake at any time, making it easy to grow your wealth while supporting blockchain decentralization.

- The prize pool will be distributed based on each user’s eligible bbSOL holdings, with only bbSOL minted through On-Chain Earn during the event period considered eligible.

- bbSOL holdings will be recorded daily, using the minimum hourly snapshot as the reference balance. A user's eligible average holdings will be the daily minimum average of bbSOL holdings over the event period. For example, if a user mints 500 bbSOL and redeems 200 bbSOL during the event, and the Average Daily Minimum Holding is 245 bbSOL, the Eligible AUM will be calculated as min(300 bbSOL (minted - redeemed), 245 bbSOL (average holding)) = 245 bbSOL.

- Rewards from the 50,000 USDT prize pool will be distributed within 30 days after the event ends.

- Institutional users and Subaccounts are not eligible for this event.

- Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.

- Bybit reserves the right to modify the terms of this event without notifying users in advance.

- Bybit reserves the right of final interpretation of this event. If you have any questions, please contact our Customer Support.

bbSOL On-Chain Earn Party: Stake SOL for bbSOL and Share 50,000 USDT Worth of SOL!

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