SolvBTC.BBN 2nd Epoch Staking Cap Opening Soon!

We are thrilled to announce the opening of the second round of deposits for SolvBTC.BBN (SolvBTC Babylon). Our first round was an incredible success, reaching its cap within a mere 14 hours! This overwhelming response highlights the growing interest and need for an LST for Bitcoin, and we are grateful for your enthusiastic participation.

Key Details for the 2nd Epoch:

1. Opening Time: July 12, 12:00 UTC
2. Total Cap: 500 BTC
3. Networks Supported: Merlin Chain, BNB Chain, Arbitrum
4. Rewards:

• Pre-Babylon Mainnet Launch: 20 XP per $1
• Post-Babylon Mainnet Launch: 10 XP per $1

Note:

Before Babylon’s mainnet launch, we will have an upper limit on the amount of SolvBTC.BBN available. Don’t miss out on this exclusive opportunity!

Preparing for Babylon’s Mainnet Launch

Babylon is a protocol working to create Bitcoin staking, allowing BTC holders to share over $1.3 trillion of economic security with other networks in exchange for a staking yield.

SolvBTC Babylon (SolvBTC.BBN) will not produce yields initially but is designed in preparation for Babylon’s mainnet launch. When Babylon launches its mainnet, Solv will be among the first participants, positioning SolvBTC.bbn as a pioneering liquid staking token for Bitcoin.

Benefits for Participants

• Early Participation: Be among the first to join Babylon’s staking ecosystem, with Solv as a leading player in the initial launch.
• Seamless Access Across Multiple Networks: Participate in Babylon’s staking yields without the hassle of high gas fees or long block production times.

Ethereum: For WBTC/FBTC users.

BNB Chain: For BTCB users.

Arbitrum: For WBTC users.

Merlin Chain: For M-BTC users.

• Shared Economic Security:

Stake your BTC and share economic security with other networks, potentially earning staking yields.

• Liquid Staking Token (LST):

SolvBTC.BBN provides the flexibility of a liquid staking token, maintaining liquidity while earning yields.

BTCFi — A Reality in the Making

SolvBTC Babylon (SolvBTC.BBN) represents a significant leap forward in BTCFi. By collaborating with Babylon, Bitcoin holders can prepare their assets for staking, earning yield while maintaining exposure to Bitcoin’s potential upside. Solv is dedicated to building a thriving Bitcoin ecosystem, starting with SolvBTC.ENA & SolvBTC.BBN.

Stay tuned for more updates and detailed announcements about our upcoming integrations and partnerships. Together, let’s continue to push the boundaries of what’s possible in the world of decentralized Bitcoin finance (BTCFi).

About Solv Protocol

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. By staking with Solv, your Bitcoin remains liquid, allowing you to leverage a wide range of DeFi applications.

Backed by prominent investors such as Binance Labs, Blockchain Capital, Laser Digital, and others, Solv Protocol is committed to delivering a secure and innovative staking experience. Our protocol has undergone extensive security audits by leading firms, including Quantstamp, Certik, SlowMist, Salus, and Secbit, ensuring the highest standards of safety.

For more information, visit our official website and follow us on Twitter.