Question 1

Will the APR of BGSOL change and how is it calculated?

Accepted Answer

The APR of BGSOL is adjusted based on market and network conditions, often influenced by factors such as lock-up engagement across the Solana network and the performance of validator nodes. As a result, the APR is variable, and you can view the current APR in real time on Bitget.

Question 2

Why do I receive less BGSOL than the staked SOL?

Accepted Answer

The conversion ratio between BGSOL and SOL varies over time, influenced by both time and yield accumulation. Usually, the value of 1 BGSOL gradually exceeds 1 SOL, as BGSOL represents not only your principal but also your staking incentives. Thus, the value of BGSOL increases over time.

Question 3

Is there a maximum subscription limit?

Accepted Answer

The subscription limit for BGSOL may vary depending on the user's VIP level and promotion configuration. Refer to the individual's remaining quota and maximum limit displayed on the subscription page for details.

Question 4

What are the subscription and redemption fees for BGSOL?

Accepted Answer

BGSOL currently offers zero fees for subscription and standard redemption. If you need immediate access to funds, you may trade on the spot market or use express redemption (standard rate 0.1%). VIP users enjoy discounted rates and fee waiver quotas. For specific terms, refer to the real-time pop-up on the redemption page.

Question 5

How often is the BGSOL and SOL conversion ratio updated?

Accepted Answer

The BGSOL conversion ratio is usually updated based on the Solana network epochs, which occur approximately every 2–3 days. You can check the latest ratio and its update cycle on the Bitget staking page.

Question 6

How are my earnings distributed?

Accepted Answer

The value of BGSOL grows as staking rewards accumulate, and is periodically updated based on the BGSOL/SOL conversion ratio. This means that even without any active action on your part, the value of your BGSOL holdings increases over time. Staking rewards are not directly distributed to your account; instead, they are reflected in the BGSOL/SOL conversion ratio. You can view your staking reward details on the Bitget staking page.

Question 7

How do I convert BGSOL back to SOL? What is the redemption mechanism?

Accepted Answer

You can convert BGSOL back to SOL at any time on the Bitget platform based on the prevailing conversion ratio. You can choose to partially or fully redeem your BGSOL in two ways: Standard redemption is typically processed in four days (T+4), while express redemption supports instant crediting, subject to the liquidity of the platform. For the exact processing time and applicable limits, refer to the real-time information shown in the redemption pop-up window.

Question 8

Can I receive the staking incentive if I buy BGSOL from the market or obtain it through a transfer?

Accepted Answer

Yes. Whether you acquire BGSOL through staking or buy it from the market, holding it will grant you continuous staking incentives. The value of BGSOL will continue to grow as these incentives are held for longer periods.

Question 9

Where can I view my BGSOL holdings and earnings?

Accepted Answer

Log in to your Bitget account to view your BGSOL holdings and corresponding earnings information on the BGSOL product page. Bitget will provide a transparent earning record to help you keep track of the staking. Note that only earnings of BGSOL subscribed to within Bitget will be recorded.

Question 10

What happens if I transfer or sell my BGSOL?

Accepted Answer

If you transfer or sell your BGSOL, your locked SOL will be transferred to the new BGSOL holder, and you will no longer receive daily earnings.

Question 11

Can I cancel the redemption request after it starts?

Accepted Answer

No. Redemption requests cannot be canceled or stopped once initiated.

Question 12

How can I earn ecosystem rewards?

Accepted Answer

From time to time, Bitget will arrange exclusive ecosystem rewards for BGSOL holders. Simply hold or stake BGSOL in eligible Bitget products to earn extra rewards on top of your staking yield.

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