Solv Protocol, a unified yield and liquidity layer for major digital assets, has surpassed $1 billion in Total Value Locked (TVL), cementing its position as the 32nd largest decentralized finance (DeFi) protocol according to DeFiLlama rankings.
Solv has launched SolvBTC on Arbitrum, BNB Chain, and Merlin Chain. The protocol is building an ecosystem where users can bridge SolvBTC to farm points in new chains’ points programs, such as a 1.5x multiplier in zkLinkNova’s Aggregation Parade. Additionally, Solv has also introduced the Solv Point System, where users can exchange points for SOLV token airdrops to incentivize engagement.
About Solv
Solv Protocol is backed by strong investors, including Binance Labs, Blockchain Capital, Laser Digital, and other renowned firms. The protocol has also undergone extensive security audits by leading firms such as Quanstamp, Certik, SlowMist, Salus, and Secbit.
For more information about Solv Protocol and its products, please visit the official website at solv.finance.
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ContactEthean Yuethean@solv.finance
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com