Solv Protocol Bitcoin Staking Amount Exceeds 14,000
On May 15th, Solv Protocol, a full-chain revenue and liquidity protocol, launched the interest-bearing Bitcoin asset SolvBTC. The amount of Bitcoin collateral has exceeded 14,000, and the total lock-up value of the protocol has exceeded $930 million, ranking 32nd in the TVL ranking of DeFi protocols. SolvBTC has been launched on Arbitrum, Merlin Chain, and BNB Chain, and officially connected to the zkLink and Linea networks last week. Solv Protocol stated that this means users can cross-chain SolvBTC to zklink and Linea to earn additional income.
Solv Protocol's investors include Binance Labs, Blockchain Capital, and Nomura Securities. In addition, Solv is currently conducting a points activity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Top 3 Crypto Price Prediction: DOGS Token, NEIRO, Rexas Finance (RXS)
This Altcoin Surpassed Ethereum (ETH) in Trading Volume, Tripled!
Tron (TRX) network USDT trading volume has tripled that of Ethereum (ETH)-based USDT trading volume.
Former SEC Lawyer Reveals: "SEC Prepares to Appeal XRP Decision!"
The former SEC attorney said the SEC will likely appeal Judge Analisa Torres' decision in July 2023.
Bitcoin Report from Investment Giant BlackRock: "Bitcoin is a Unique Diversifier!"
Investment giant BlackRock outlined the different features of Bitcoin in its report titled “Bitcoin as a Unique Diversifier.”
Trending news
MoreCrypto prices
More
