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Bybit Launchpool Exclusives: Earn OBT and SOSO With bbSOL Staking
Jan 23, 2025

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

With the availability of innovative staking solutions including bbSOL, balancing growth and stability does not have to be a challenge even in fast-moving market conditions. Revolutionizing liquid staking on Solana, bbSOL is the first exchange-back token of its kind and fast emerging as a pathway to opportunities in the Solana ecosystem, recording $240 million in total value locked.

Currently available on Bybit, exclusive bbSOL Launchpools offer users an opportunity to win a share of OBT and SOSO pools: totalling up to 80 million OBT and 4 million SOSO tokens. The OBT Launchpool will run from now to Jan. 27, 10:00 UTC, while the SOSO Launchpool will be available until Jan. 31, 10:00 UTC. Eligible users may choose to stake in a pool of their choice to unlock rewards in OBT or SOSO: 

  • stake BBSOL, ETH or USDT to earn OBT tokens; or 

  • stake SOSO, BBSOL or USDT to earn SOSO tokens.

During the promotion period, users can mint bbSOL with SOL on Bybit Web3using their Bybit Web3 Wallet and receive subsidies in minting fees. In addition to the base 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 stakers may enjoy additional rewards of up to 55% APY, creating multiple streams of returns. Even more perks await for VIP users with exclusive APY.

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

For more information and the Bybit Launchpool events, users may visit:

#Bybit / #TheCryptoArk / #BybitWeb3

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