In this tutorial, we’ll explore how you can complete a series of tasks in Mu Digital for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Mu Digital for the 

in the upper-right corner of the page to connect your preferred wallet (such as the Bybit Wallet). 

: You can proceed to mint muBOND with MON or USDC.

: Obtain at least one egg from the Mu Digital Easter Egg Hunt event. 

Beginner

mu digital tutorial.png

How to complete Mu Digital tasks for the Bybit x Monad ecosystem airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in Cycle Network for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on Cycle Network for the 

You’ll be interacting with Goose, a gamified DeFAI platform designed to make crypto investing more accessible and engaging. Built on Cycle Network’s powerful infrastructure, Golden Goose offers a seamless user experience, while Cycle Network handles the complex cross-chain processes behind the scenes.

 button at the upper-right corner of the page. 

: You can log in with your TikTok account or your wallet (such as your Bybit Wallet). 

If you choose to continue with TikTok, simply authorize TikTok to complete your registration.

If you choose to register with your wallet, simply connect your preferred web3 wallet to proceed.

: After you’ve completed your required tasks, navigate to the 

button in the upper-right corner of the page to connect your Bybit Wallet. Please 

 that this should be the same wallet you’ve used for this event.

: Once your wallet is connected, click on 

cycle network tutorial.png

How to complete Cycle Network tasks for the Bybit x Monad ecosystem Airdrop

In this tutorial, we’ll explore how you can complete a series of tasks in ChainPro for the Bybit x Monad ecosystem airdrop.

In this tutorial, we’ll explore how you can complete a series of tasks on ChainPro for the 

Task: Complete quests on ChainPro with your Bybit Wallet

 button at the top right corner of the page. 

: Sign in with your Bybit Wallet. If you don’t have a referral code, you can skip this step, but you can always add it later for boosted points.

: Once you’ve signed in, you’ll need to fund your ChainPro trading wallet. If you already have funds in your Bybit Wallet, you can click on the 

tab to fund your account from that wallet. Otherwise, click on 

tab to view available tasks to earn points. Once you’ve completed the tasks, you’ll be able to claim points.

: Bybit Wallet users get an exclusive 2x multiplier on their points!

chainpro tutorial.png

How to complete ChainPro tasks for the Bybit x Monad ecosystem airdrop

Quantoz Payments launches MiCA-compliant stablecoins—USDQ, EURQ and EURD—offering regulated digital payments and DeFi solutions within the EEA.

 have received widespread recognition and use in the crypto world, thanks to their ability to provide stability and certainty in an otherwise volatile trading environment. Assets like 

 have become the go-to tools for fiat-to-crypto and crypto-to-fiat transactions. However, for about a decade, stablecoin cryptocurrencies operated without defined regulation and oversight in the European market — which, incidentally, has always been characterized by high levels of regulatory control.

The first crypto-focused regulatory steps in the European Union (EU) were taken in 2023 when the European Parliament adopted the Markets in Crypto-Assets (MiCA) regulation. MiCA aims to provide guidance on the adoption of blockchain-based assets in the EU, and also deals with the specific topic of stablecoins. The regulation came into effect in December 2024.

Under MiCA, stablecoins and similar assets are largely defined under two categories — electronic money tokens (EMTs) and asset-referenced tokens (ARTs). One of the first companies to leverage MiCA to offer regulated stablecoin assets in the European market is the Netherlands-based Quantoz Payments, a provider of regulated, fiat-backed EMT assets — USDQ, EURQ and EURD. Backed by the euro or the US dollar, these stablecoins can facilitate payments, merchant adoption and 

 (DeFi) use cases in a compliant fashion within the EU and the European Economic Area (EEA) countries, which are the jurisdictions covered by MiCA.

 is a Netherlands-based fintech company that issues and supports the use of fiat-backed stablecoins, known as EMTs, under the MiCA regulation. 

MiCA — which was adopted by the European Parliament in May 2023 and came into effect in December 2024 — defines the regulation of blockchain-based assets and technology in the European Economic Area (EEA). Quantoz Payments is a subsidiary of Quantoz N.V., a software development company based in Utrecht, the Netherlands. Established in 2015, Quantoz N.V. identified the potential for regulated stablecoins in the European market well before the introduction of MiCA, and launched Quantoz Payments in 2021.

Quantoz Payments received an Electronic Money Institution (EMI) license from 

 (DNB), the Dutch central bank, which allows the company to offer services in the area of digital assets payment and management. The company specializes in offering stablecoins backed by established fiat currencies — the euro and the US dollar. 

Quantoz Payments maintains fiat reserves for its stablecoins via an independently managed entity, Stichting Quantoz. The independent nature of Stichting Quantoz ensures that the fiat reserves of the company’s stablecoins are adequately protected, and satisfy the necessary regulatory requirements.

Stablecoins offered by Quantoz Payments fall under MiCA’s definition of EMTs. In the section below, we’ll cover the precise differences between the two stablecoin types defined by MiCA, and why the assets offered by the company are classified as EMTs.

Quantoz Payments is one of the first and major providers of regulated EMTs within the EEA, which includes the EU’s 27 member states plus Iceland, Liechtenstein and Norway.

The Quantoz Payments project is funded by a group of investors that includes the London-based VC firm Fabric Ventures LLP, one of the leading 

 (CEX) platforms; Kraken; and Tether, the company behind USDT, the world’s most widely used stablecoin. As of early 2025, Quantoz Payments offers two euro-backed EMTs (EURQ and EURD) and one US dollar–backed EMT (USDQ).

Stablecoins, electronic money tokens (EMTs) and asset-referenced tokens (ARTs)

Stablecoins — crypto assets pegged to a major, established digital or fiat asset — have been part of the crypto trading scene for more than a decade. Many stablecoins are pegged to the US dollar, either by maintaining sufficient reserves of the greenback or by using some algorithmic mechanism that should, at least in theory, ensure their tight peg to the USD. For instance, the world’s top two stablecoins by trading volume, USDT and USDC, are both pegged to the dollar by holding fully backed reserves of it. Other stablecoins might maintain a peg to the euro, British pound sterling or some other popular fiat currency. You may also find stablecoins pegged to popular precious metals, such as gold or silver.

However, when the MiCA regulation was adopted in 2023, the specific term "stablecoin" wasn't featured in it to refer to a regulated asset. Instead, MiCA defines two types of assets usually referred to as stablecoins: EMTs and ARTs.

Under MiCA, an electronic money token (EMT) is a crypto asset that’s pegged to a single fiat currency. In contrast, an asset-referenced token (ART) is an asset that maintains a peg to multiple currencies. As such, the term stablecoin has no legal meaning under the EU’s primary crypto regulation; it’s now all about EMTs and ARTs.

MiCA also specifies a third category of crypto assets besides EMTs and ARTs: "other crypto assets." This category is essentially a catch-all for cryptocurrencies that don't track the price of a single asset or multiple assets — i.e., any non-stablecoin crypto.

All three cryptocurrencies offered by Quantoz Payments — EURQ, USDQ and EURD — fall under the definition of EMT. Notably, the stablecoins offered by Quantoz Payments qualify for EMT status since the company is registered in the EU as an authorized EMI. This means that the coins are recognized within the EEA as compliant assets. The recognition creates opportunities for using USDQ, EURQ and EURD in payment solutions, DeFi applications and other use cases within the EEA. As such, these assets can be used by traditional finance and retail entities in the region for their crypto-based operations.

In contrast, stablecoin assets provided by issuers who haven’t obtained an EU-based EMI license don’t typically enjoy the same status. In other words, while these assets might technically fall under the definition of an EMT or ART, they aren’t recognized in the EEA as fully compliant. This is the case, for example, with Tether’s USDT. Technically speaking, USDT satisfies the characteristics of an EMT. However, since Tether hasn’t obtained an EMI license anywhere in the EEA area, its USDT stablecoin isn’t recognized as an EMT under MiCA.

USDQ is a Quantoz-issued EMT backed by US dollar reserves. It maintains a tight 1:1 peg to the dollar. Quantoz holds 102% US dollar reserves for USDQ in order to comply with regulatory requirements and ensure rate stability. An 

 (ETH) in November 2024, just a month before the MiCA regulation fully became effective throughout the EEA.

USDQ has numerous use cases, including the following:

USDQ is listed on a limited number of exchanges. It’s 

, via the USDQ/USDT and BTC/USDQ swap pairs, for Bybit users in the Netherlands. For these users, USDQ is a great alternative to USDT since it allows them to conduct stablecoin-based crypto operations that are fully compliant with European laws.

EURQ is a euro-backed EMT offered by Quantoz Payments. It was launched on the Ethereum 

 alongside USDQ. The token’s use cases and operational mechanism are nearly identical to those of USDQ. The only exception is that EURQ is pegged to and backed by the euro fiat currency, instead of the US dollar.

EURD is another euro-backed EMT issued by Quantoz Payments. It was actually the first stablecoin asset launched by the company, back in October 2023. While EURQ and USDQ are Ethereum-based tokens, EURD is issued on the 

To obtain EURD, users need to send a fiat deposit to the Quantoz Foundation’s bank account. The foundation then notifies Quantoz Payments, and the company issues the requisite amount of EURD and sends it to the user's 

. Companies can create these wallets via the 

, available on the Google Play Store and Apple Store.

The EU's MiCA compliance and regulatory oversight rules have drastically changed European digital asset markets, including the niche of stablecoins. Sensing the opportunity, Quantoz Payments quickly identified the potential of compliant EMTs in Europe. In the space of slightly more than a year, between late 2023 and late 2024, the company launched all three of its EMT assets — USDQ, EURQ and EURD. Organizations in the region can now use these tokens to conduct their crypto-based transactions in a compliant way while also ensuring the financial stability of their funds and transfers.

Intermediate

usdq.png

Quantoz Payments: Introducing MiCA-compliant stablecoins USDQ, EURQ and EURD

Bybit Learn

Bybit Guide

Margin Staked SOL is a Bybit product that allows you to earn SOL staking rewards and utilize leverage of up to 2x to amplify your earnings.

New-user-5050-USDT_728x90.png

Bybit Margin Staked SOL 1.jpeg

Bybit Margin Staked SOL 2.jpeg

Bybit Margin Staked SOL 3.jpeg

Bybit Margin Staked SOL 4.jpeg

Bybit Margin Staked SOL 5.jpeg

Bybit Margin Staked SOL 6.jpeg

Bybit Margin Staked SOL 7.jpeg

Skinny_Banner-1600x400.webp

 can be a great way to earn yield in crypto, and 

 (SOL) is one of the most popular blockchain platforms for doing so. However, setting up and running a Solana validator node is technically complex. Additionally, financial requirements for Solana validators are high. While the official minimum stake is just 0.01 SOL (around $1.33), in reality, a typical Solana validator needs 

 staked just to break even — an investment of about $6.66 million (as of Mar 28, 2025).

Most crypto users who would like to benefit from staking rewards on Solana simply don’t have that kind of capital. And many don’t want the hassle of setting up a full validator node.

Back in September 2024, Bybit introduced 

 (LST) that lets you earn Solana staking rewards with minimal investment, and no need to manage a validator node.

bbSOL has been a major success, allowing Bybit users to earn staking rewards without technical or financial barriers. Now, Bybit is taking it a step further with Margin Staked SOL — a new Solana staking product that utilizes bbSOL and offers leveraged borrowing to amplify the rewards.

 is a Bybit leveraged liquid staking product that’s designed to help you earn Solana staking rewards with minimal hassle.

 Using it, you can invest your SOL and Bybit will allocate the funds to Solana blockchain validators, allowing you to earn staking rewards. When you stake through Margin Staked SOL, you receive bbSOL, an LST that serves as a deposit certificate and accrues staking rewards. Unlike standard bbSOL staking, Margin Staked SOL allows you to use 

For example, if you have 100 SOL and opt for 2x leverage, the total amount committed to Solana staking will be 300 SOL — your 100 SOL principal plus the borrowed 200 SOL. You’ll pay interest (which is variable and calculated hourly) on the borrowed amount.

Bybit allocates your total staking amount through 

 (CLOUD), Solana's leading liquid staking solution. Sanctum's 

 distributes staked funds across multiple validators to optimize the total yield.

The key advantage of Margin Staked SOL is its capacity to amplify staking rewards through leverage. In addition, you don't need to handle the technical complexities of running a Solana validator. The minimum investment required is just 0.5 SOL (around $70), drastically lower than the millions of dollars needed to run a profitable validator node in Solana's highly competitive staking ecosystem.

Upon committing your funds to Margin Staked SOL, you’ll receive the bbSOL LST. All staking rewards accrue in this asset, and you can redeem your investment at any time by exchanging bbSOL for your original SOL. After deducting interest on the borrowed funds, you’ll receive your SOL, along with all the accrued rewards. bbSOL accumulates rewards every time a Solana epoch is completed, typically taking 2–3 days.

As an LST, bbSOL normally allows you to keep your original SOL locked while using the liquid token across the Solana 

 (DeFi) ecosystem, and within Bybit products like On-Chain Earn, Bybit Savings and Crypto Loans. However, when bbSOL is issued via Margin Staked SOL, it must remain locked, and cannot be used in other Bybit or DeFi products. It acts solely as your deposit confirmation, and continues accruing rewards until you withdraw from Solana staking via Margin Staked SOL.

Interest on the borrowed funds within Margin Staked SOL is calculated hourly, with any duration under one hour rounded up to a full hour. The interest rate is variable, and updates every hour. You can check the current rate in your account under 

Rewards in Margin Staked SOL aren’t distributed immediately. Instead, they accumulate in your bbSOL, and can be redeemed at any time alongside your SOL principal investment. Bybit provides two redemption options for bbSOL:

If your PnL position declines beyond a certain level during staking, Bybit will send you a margin call notification via email, prompting you to either redeem your investment or contribute more SOL. If your PnL drops even further, an automatic stop-loss transaction will be triggered to redeem your funds and cover the loan and accrued interest. These measures are designed to protect you from unexpected losses.

Besides Margin Staked SOL, Bybit also offers another product for those who would like to earn yields from hassle-free decentralized staking: 

. There are three key differences between the two products: 

1) Unlike On-Chain Earn, Margin Staked SOL allows you to use leverage, amplifying your potential returns and risks. 

2) On-Chain Earn creates opportunities for staking on several blockchains, while Margin Staked SOL is a solution that’s designed exclusively for Solana staking.

3) Staked assets in On-Chain Earn can be withdrawn and utilized in their respective blockchain ecosystems, whereas the bbSOL from Margin Staked SOL is locked solely for yield generation, and cannot be used elsewhere. 

How to get started with Margin Staked SOL

Here’s how to get started with staking your SOL.

: In your account’s navigation pane, click on 

: On the left side, you’ll see the APR chart for the product, containing information on the Net APR; the trend over the past 1,7 or 30 days; and the highest and lowest Net APRs over a selected time period.

: On the right side, you can set options for your Margin Staked SOL (the leverage ratio and the SOL amount to transfer from your main account). You’ll see the amount of automatically calculated bbSOL you’ll receive, total borrowed amount and estimated daily yield.

to view a detailed breakdown of your bbSOL holdings. Then, click on either

: On the confirmation pop-up window, enter the amount of bbSOL you wish to redeem, or click on 

to redeem your full balance. Review the details, then click on

 to proceed, depending upon your earlier choice. 

to finalize your redemption on the redemption confirmation pop-up. Your redeemed SOL will be sent to your 

Until Apr 4, 2025, 10AM UTC, you can also take advantage of Bybit’s 

 campaign that’s dedicated to the Margin Staked SOL product. This campaign lets you earn up to 10 Lucky Draw tickets, each guaranteeing at least a 1 USDT 

, with a chance to win up to 100 USDT. In order to participate in the campaign, you must register for the event and complete a series of tasks as follows:

Bybit’s Margin Staked SOL allows you to earn Solana staking rewards without the hassle of setting up and running a validator node — all via your account’s easy-to-use interface. The leverage option is also a great way to multiply your rewards. Moreover, the minimum investment is minuscule, especially compared to running a Solana validator, and there are two easy redemption options — and all of these benefits without needing to interact with the underlying Solana blockchain!

Bybit Margin Staked SOL: Unlock higher yields with less effort

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards