TechFlow news, on October 22, Bitget partnered with Solayer to launch BGSOL. BGSOL is a liquid staking solution introduced by Bitget, through which users receive BGSOL tokens after staking SOL. Unlike traditional staking methods, BGSOL allows users to maintain liquidity of their assets while earning multiple yields. In addition to staking rewards, BGSOL can also be used in other DeFi activities. BGSOL aims to provide users with flexible asset management and high-yield staking opportunities.
Gracy Chen, CEO of Bitget, said: "The launch of BGSOL marks a significant step forward for Bitget in offering more diversified financial solutions. By enabling users to gain staking returns while maintaining asset flexibility, we are also opening up greater participation opportunities within the DeFi ecosystem."
Rachel, spokesperson for Solayer, added: "BGSOL brings unprecedented flexibility and innovation to Solana’s staking mechanism via Solayer. Holders can earn multiple rewards while retaining liquidity, and will also enjoy priority access to Bitget-related product trading services within the Solana ecosystem. This collaboration is just the beginning of Bitget and Solayer jointly building blue-chip infrastructure on Solana."
BGSOL staking is now live, alongside the launch of the BGSOL Wealth Management Vault, where users can enjoy boosted returns. Details are as follows:
BGSOL Staking Details:
Current exchange rate: 1 BGSOL ≈ 1.02818171 SOL
On-chain base yield: 8.15% APR
Staking range: 0.01–10,000 SOL
BGSOL Wealth Management Vault (boosted returns):
Standard user yield: 17% APR, hard cap at 6 BGSOL
VIP user yield: 22% APR, hard cap at 12 BGSOL
Subscription period: October 22, 18:00 – November 21, 18:00 (UTC+8)
