More than 10 thousand BTCB tokens were used to mint SolvBTC, making the Solv protocol the protocol with the highest BTCB holdings.
Powered by ChatGPTOdaily Planet Daily News BNB Chain recently released a report revealing the allocation of BTCB in various DeFi protocols. The data shows that the $Solv protocol has attracted over 10 thousand BTCB, ranking first as the protocol with the highest BTCB holdings. SolvBTC, launched by the $Solv protocol, is a Bitcoin reserve that currently has 150 thousand users on the BNB Chain. It has deep integrations with mainstream DeFi protocols such as Pancake Swap, dodo, and Avalon. $Solv has further opened up cross-chain scenarios for SolvBTC, allowing it to flow into the Ethereum mainnet, Scroll, Core, and other ecosystems, providing BNB Chain users with a more diverse range of applications and income opportunities. Solv's investors include well-known institutions such as Binance Labs, Blockchain Capital, and Nomura Securities.