How to participate in bbSOL HODLverse

The world of crypto staking continues to evolve, offering innovative ways for users to earn passive income. One such opportunity is bbSOL HODLverse, an exclusive week-long event during which users can hold bbSOL and earn LAYER tokens without additional effort. With a 2,000,000 LAYER prize pool, participants can accumulate rewards simply by holding bbSOL in their Bybit Exchange account and/or Bybit Web3 Wallet.

In this article, we’ll explore what this event is all about, learn how you can obtain bbSOL and participate and help you decide whether to join this campaign.

Key Takeaways:

• bbSOL HODLverse is a staking rewards event that allows Bybit users to earn LAYER tokens by holding bbSOL in their Bybit Exchange and/or Bybit Web3 Wallet. 

• Explore our article to find out how you can participate in bbSOL HODLverse and earn a share of the 2,000,000 LAYER prize pool!

What is bbSOL HODLverse?

Running from Mar 11, 2025, 12AM UTC through Mar 20, 2025, 11:59PM UTC, bbSOL HODLverse is a staking rewards event that allows Bybit users to earn LAYER tokens by holding bbSOL in their Bybit Exchange and/or Bybit Web3 Wallet. 

How does bbSOL HODLverse work?

The concept behind bbSOL HODLverse is simple: the more bbSOL you hold, the greater your share of the LAYER airdrop. To understand the mechanics of the event, let’s break it down step by step:

1. Holding bbSOL: Users must hold bbSOL in either their Bybit Exchange account and/or Bybit Web3 Wallet (Cloud Wallet or Seed Phrase Wallet).

2. Daily snapshots: Throughout the event period, Bybit will take daily snapshots of users’ bbSOL holdings at a random time. These snapshots record the exact amount of bbSOL you hold at each specific moment.

3. Reward calculation: The amount of LAYER tokens you’ll receive will be automatically calculated based on the proportion of your bbSOL holdings snapshot, relative to the total bbSOL holdings of all participants.

4. Distribution of rewards: Your rewards will be accumulated daily, and all accumulated rewards will be distributed at once at the end of the event on Mar 21, 2025 after 12AM UTC to your Funding account (for Bybit Exchange users) and to your Bybit Web3 Wallet (for Bybit Web3 users).

How to participate in bbSOL HODLverse 

Now that you have a better understanding of how the event works, learn below how to earn your share of the 2,000,000 LAYER prize pool.

As outlined previously, you have two ways to participate in bbSOL HODLverse: hold bbSOL in your Bybit Exchange account, and/or your Bybit Web3 Wallet.

Bybit Exchange

Before you can get started with this event, you’ll first need to create a Bybit account, and then ensure that you’ve already obtained bbSOL. If you don’t already have an account with Bybit, you can follow our sign-up guide here. 

How to obtain bbSOL with Bybit On-Chain Earn

Step 1: Log in to your Bybit account and hover your cursor over the Finance tab. Under Earn, click on On-Chain Earn. 

Step 2: Click on the corresponding Stake Now button for SOL.

Step 3: Select Bybit SOL to stake SOL for BBSOL.

Step 4: Indicate the amount of SOL you’d like to stake/amount of BBSOL you’d like to receive, and ensure that all fields are filled in correctly before clicking Stake Now.

Congratulations! You’re now holding bbSOL.

How to obtain bbSOL on Bybit Spot

Step 1: Log in to your Bybit account and navigate to the Spot trading platform by hovering your cursor over the Trade tab and clicking on Spot.

Step 2: Search for the available bbSOL Spot trading pairs by hovering your cursor over the three horizontal lines.

Step 3: Choose your preferred bbSOL Spot trading pair (BBSOL/USDT, BBSOL/USDC or BBSOL/SOL), and input the amount you’d like to purchase in the trading pane on the right side. Once you’ve filled in the necessary details, click on Buy BBSOL. 

Congratulations! You’ve got bbSOL!

How to check rewards if you have bbSOL in your Bybit Exchange account

Simply navigate to the bbSOL HODLVerse event page and scroll down until you see the snapshot. 

Here, you’ll be able to see the snapshot amount of your bbSOL holdings each day, as well as the estimated number of LAYER tokens you’re eligible to receive.

Please note:

• The snapshot shown only reflects users’ records on the Bybit Exchange. Please refer to the next segment for the Bybit Web3 snapshot.

• The snapshot time and amount, as well as the estimated amount of your LAYER rewards, will be posted daily after 12AM UTC.

• The LAYER rewards amount indicated here is just an estimation, and the actual reward distribution will only take place on Mar 21, 2025 after 12AM UTC.

Bybit Web3

How to obtain bbSOL with Bybit Web3

Step 1: Navigate to the Bybit Web3 homepage and connect your Web3 Wallet by clicking on the Connect Wallet button on the top right corner of the page.

Step 2: Once you’ve connected your Bybit Web3 Wallet, hover your cursor over the Trade tab and click on DEX Pro.

Step 3: Enter the amount of SOL you would like to purchase in the order pane on the right side of the page, and click on Buy SOL.

Step 4: Once you’ve purchased SOL, hover your cursor over the Earn tab and click on Bybit Staked SOL (bbSOL).

Step 5: On the right side of the page, indicate the amount of SOL you would like to stake and click Stake Now. 

Congratulations, you’ve obtained bbSOL!

How to check rewards if you have bbSOL in your Bybit Web3 Wallet

Navigate to the Bybit Web3 bbSOL Staking page. Alternatively, you can also choose to navigate to the bbSOL HODLVerse event page, scroll down and click here for the Bybit Web3 snapshot.

Click on the Airdrop tab and you’ll be able to see your bbSOL holdings, as well as the estimated LAYER rewards you’ll be able to receive.

Should you join bbSOL HODLverse?

Participating in bbSOL HODLverse is an attractive option for users who are already staking SOL or holding bbSOL. This event provides an easy opportunity to earn additional LAYER tokens without requiring extra effort or active trading. Furthermore, you don’t have to manually register for the event; as long as you’re holding bbSOL during the event period, you’ll be eligible!

One of the biggest advantages of bbSOL HODLverse is that it offers a passive way to earn crypto rewards. Since rewards are distributed based on daily snapshots of holdings, there’s no need to actively trade or stake beyond simply holding bbSOL. In addition, unlike traditional staking programs, there’s also no lockup period, meaning users are free to withdraw or trade their bbSOL at any time during the event.

Overall, bbSOL HODLverse stands out as a hassle-free way to maximize rewards while maintaining full control over your holdings. With no additional requirements beyond holding bbSOL, it offers a flexible and low-risk opportunity for participants to earn LAYER tokens. 

The bottom line

bbSOL HODLverse is a straightforward and rewarding event for Bybit users looking to maximize their crypto holdings. By simply holding bbSOL, participants gain access to a 2,000,000 LAYER prize pool, with no complex staking requirements.

With automatic daily snapshots, effortless participation and seamless reward distribution, bbSOL HODLverse offers you a passive and low-risk way to earn crypto rewards. If you qualify for participation, it’s a great opportunity to grow your portfolio.

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