Solv Protocol won the first place in the BNB Chain Ecological TVL Competition, with over 10,000 BTCB pledges
2024-08-31 05:16:43
BNB Chain announced that the BTC Staking Protocol Solv Protocol ranked first in its ecological TVL competition, with TVL growth exceeding 70%. There are currently 11,189 BTCBs pledged into SolvBTC, of which about 70% of SolvBTC has participated in various LST, DeFi and mining scenarios. SolvBTC has been integrated with more than 10 BNB Chain DeFi protocols such as Avalon, Tranchess, DoDo, etc. 2,000 BTCBs participate in SolvBTC. BBN (Babylon LST) through SolvBTC, more than 4,000 BTCBs participate in cross-chain staking mining scenarios such as Core and Scroll, and more than 1,400 BTCBs participate in various DeFi protocols to obtain profits.
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