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Solv Protocol will participate in the Babylon Test-4 test network as a verification node in preparation for participating in the main network

2024-06-21 04:42
Odaily News Solv Protocol, a Bitcoin financial yield and liquidity protocol, is participating in the Babylon Test-4 test network. It is understood that next week Solv Protocol will officially become a node of the Babaylon network and participate in its operation. In the past two months, more than 18,000 bitcoins have flowed into Solv Protocol through BNB Chain, Merlin Chain and Arbitrum, with a total value of US$1.3 billion. Solv Protocol's Bitcoin asset management volume has surpassed many public chains. The cooperation between Solv Protocol and Babylon will help Bitcoin liquidity on various networks to participate in Bitcoin staking to enhance the security of the POS chain, while bringing new sources of income to the broad Bitcoin ecosystem.