Binance-backed Solv Protocol introduces Bitcoin staking on Base with cbBTC token

Solv Protocol has launched Bitcoin staking for cbBTC holders on the Base network. cbBTC holders on the Solv protocol can mint SolvBTC and convert it to SolvBTC.BBN for Bitcoin staking yield. cbBTC, backed 1:1 by Coinbase’s BTC holdings, is live on Ethereum and Base for DeFi integration. Solv Protocol, supported by Binance Labs, has unveiled […]