Bybit Launchpool Introduces OBT and SOSO Rewards via bbSOL Staking by PK Press Club

Dubai, United Arab Emirates, January 23, 2025, PK Press Club

Bybit, the world’s second largest cryptocurrency exchange by trading volume, is pleased to announce new rewards opportunities via bbSOL staking on Bybit Launchpool. Bybit users now have the ability to participate in mining via bbSOL staking and access various prize pools, all with just 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 rapidly changing market conditions. With its liquid staking on , bbSOL is the first exchange token of its kind and is quickly emerging as a path to opportunity in the Solana ecosystem, recording a total value locked of $240 million.

Currently available on Bybit, the exclusive bbSOL Launchpools offer users the opportunity to win a share of the OBT and SOSO pools: totaling up to 80 million OBT And 4 million SOSO tokens. The OBT Launchpool will run until January 27 at 10:00 UTC, while the SOSO Launchpool will be available until January 31 at 10:00 UTC. Eligible users can 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 on SOSO, BBSOL or USDT to earn SOSO tokens.

During the promotion period, users can create bbSOL with SOL on Bybit Web3 using their Bybit Web3 wallet and receive creation fee subsidies. In addition to the base LST reward of 8% APY, users can transfer their bbSOL to Bybit’s main platform to participate in Launchpool staking mining. Through SOSO and OBT mining pools, bbSOL investors can enjoy additional rewards of up to 55% APY, creating multiple streams of returns. Additionally, benefits await VIP users with an exclusive APY.

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

For more information and Bybit Launchpool events, users can visit:

  • Bybit Launchpool: stake on BBSOL, ETH or USDT to win a share of 80,000,000 OBT
  • Bybit Launchpool: stake on SOSO, BBSOL or USDT to win a share of 4,000,000 SOSO

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit

Bybit is the world’s second largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for all. With a strong focus on Web3, Bybit strategically partners with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, enabling builders, creators and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details on Bybit, please visit Bybit Press

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