SolvBTC, the interest-bearing Bitcoin asset launched by Solv Protocol, a full-chain basic yield protocol, is officially available on the Merlin network. Currently, its Bitcoin asset management volume has exceeded 130 million US dollars.
On the Merlin network, users can obtain SolvBTC by staking mBTC, and SolvBTC will serve as the staked asset of the Merlin network to support the construction of a secure, efficient and decentralized Bitcoin second-layer network.
In addition, the Solv Points System will start rewarding early staking users on April 5.
Investors in Solv Protocol include some well-known institutions such as Binance Labs, Blockchain Capital and Nomura Securities.