Bybit has recently made significant moves in the Solana ecosystem by launching an industry-first leveraged staking mechanism for SOL, enabling users to more efficiently activate their assets. This innovative product, called bbSOL Loop Lending, is now available!~~ In simple terms, bbSOL is a liquid staking token introduced by Bybit. When users stake SOL on Bybit, they receive bbSOL at a 1:1 ratio. These SOL tokens are intelligently allocated to the most profitable validators on the Solana network through the Sanctum protocol, and the value of bbSOL grows continuously as staking rewards accumulate. When redemption is needed, users can exchange bbSOL back to SOL at any time, receiving both their principal and accumulated rewards. The leveraged staking mechanism amplifies returns several times over. For example, if a user holds 1 SOL and opts for 2x leverage, the platform will lend 2 SOL (with borrowing interest applied), resulting in a total of 3 SOL being staked. Although borrowing costs are incurred, the current annualized yield of around 17% far exceeds the borrowing rate, making the net returns still attractive. In terms of performance, the product's recent annualized yield has remained around 17%, peaking at nearly 19.5%. Even when considering market volatility risks, the buffering effect of staking rewards, combined with the platform's flexible redemption mechanism, makes the overall risk relatively manageable. For regular users, the operation process is very straightforward: first, stake SOL on Bybit to receive bbSOL, then choose different investment strategies based on your needs, and finally redeem at any time. This product is particularly suitable for long-term SOL holders who wish to earn stable passive income. The product is now officially live on Bybit, and both new and existing users can participate through the official website. However, it is important to note that while leverage can amplify returns, it also increases risks accordingly, so users should carefully choose their leverage ratio based on their own circumstances.