What is Solv Protocol Staked BTC (XSOLVBTC)?
SolvBTC.BBN is a yield-bearing token that represents staked SolvBTC plus all future Babylon staking rewards and Solv Points. As a liquid token, SolvBTC.BBN stays accessible across multiple networks and unlocks more DeFi yield opportunities. Solv Protocol is a Unified Bitcoin Liquidity Matrix, aimed at bridging Bitcoin's trillion-dollar economy to DeFi by unifying its fragmented liquidity through SolvBTC. SolvBTC provides Bitcoin holders with access to Liquid Staking Tokens, offering a simple and efficient way to earn yields on their Bitcoin across any chain.
How does Solv Protocol Staked BTC work?
By staking with Solv, your Bitcoin remains liquid, allowing you to leverage a wide range of DeFi applications.