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Solv Protocol Launches Liquidity Staking Token SolvBTC. BBN on Babylon

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2024-09-16 13:00:50
Bitcoin staking platform Solv Protocol has launched a new bitcoin staking method for cbBTC holders on Base (CbBTC is Coinbase's new encapsulated bitcoin, which has been available on Ethereum and Coinbase's Ethereum Layer 2 network Base since last week.) According to the Solv team, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can be further converted into a new liquidity staking token, SolvBTC. BBN.
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