Solv Protocol Launches Liquidity Staking Token SolvBTC.BBN on Babylon
Article is form Jinse
September 16, 2024
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Golden Finance reports that Solv Protocol, a Bitcoin staking platform, has introduced a new method for staking cbBTC for Base users. (CbBTC is Coinbase's newly launched wrapped Bitcoin, which launched last week on Ethereum and Base, Coinbase's Ethereum layer-2 network.) According to the Solv team, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can then be further converted into a new liquid staking token, SolvBTC.BBN.
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