The first Solana-based re-staking model, btcSOL, is now live

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PANews
07-17
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PANews reported on July 17 that, according to official sources, the first restaking model btcSOL based on Solana has been officially launched, which supports users to stake SOL and automatically accumulate native Bitcoin zBTC, enabling long-term users to continuously participate in the Solana ecosystem's development while systematically accumulating Bitcoin, unlocking the ability to accumulate dual assets in one token.

Additionally, btcSOL has reached a cooperation with Marinade Finance, a liquidity staking platform on Solana, where 5.5% of users' staked SOL will be continuously converted to zBTC, steadily increasing Bitcoin exposure without any additional steps.

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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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