According to Foresight News, SolvBTC.BBN (Corn) pool was officially launched on Pendle, providing users with three income options: leveraged mining points (YT), fixed income (PT) and liquidity market making rewards (LP). One hour after the launch, the pool's TVL exceeded 7 million US dollars, and the LP income was as high as 600%.
SolvBTC.BBN is a Babylon LST launched by Solv in cooperation with Babylon. Users can enjoy 25% of the current Babylon total points. The addition of Pendle and Corn further enhances the Solv ecosystem, marking Solv's introduction of BTCFi into the DeFi field.
