Solv Protocol has been deployed to the Base chain

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According to ChainCatcher, Bitcoin staking protocol Solv Protocol has been successfully deployed on the Base chain. Users can mint SolvBTC with cbBTC to participate in various Bitcoin staking activities, including Babylon staking through SolvBTC.BBN (Babylon LST).

Currently, the total amount of SolvBTC and its LST products has exceeded 20,000 bitcoins, covering more than 20 public chains and DeFi protocols.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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