Bitget and Solayer have jointly launched BGSOL, which is now open for staking, and the comprehensive income can be up to 30% APR

BlockBeats reported that on October 22, Bitget and Solayer launched BGSOL in cooperation. BGSOL is a liquidity staking solution launched by Bitget. Users will receive BGSOL tokens after staking SOL. Different from traditional staking methods, BGSOL allows users to maintain the liquidity of assets while staking and enjoy multiple benefits. In addition to obtaining staking rewards, BGSOL can also be used for other DeFi activities. BGSOL aims to provide users with flexible asset management and high-yield staking opportunities.

Bitget CEO Gracy Chen said: "The launch of BGSOL marks an important step for Bitget in providing more diversified financial solutions. By allowing users to obtain staking rewards while maintaining asset flexibility, we also open up more opportunities for users to participate in the DeFi ecosystem."

Solayer spokesperson Rachel added: "BGSOL brings new flexibility and innovation to Solana's staking mechanism through Solayer. Holders can obtain multiple rewards while maintaining liquidity, and can also enjoy priority Bitget-related product trading services in the Solana ecosystem. This cooperation is just the beginning of Bitget and Solayer jointly building blue-chip infrastructure on Solana."

BGSOL is now open for staking, and BGSOL Wealth Management is also launched at the same time. Users can enjoy superimposed returns. The details are as follows:

BGSOL staking details: Current exchange rate: 1 BGSOL≈1.02818171 SOL; on-chain basic yield: 8.15% APR; pledge range: 0.01-10,000 SOL.

BGSOL Financial Management (overlay income): ordinary user yield: 17% APR, hard cap is 6 BGSOL; VIP user yield: 22% APR, hard cap is 12 BGSOL.

Subscription opening time: October 22, 18:00-November 21, 18:00 (UTC+8).