According to Foresight News, the Bitcoin staking protocol Solv Protocol has announced that it has been successfully deployed on the Base chain. Users can use cbBTC to mint SolvBTC, thereby participating in a variety of Bitcoin staking activities, including participating in Babylon staking through SolvBTC.BBN (Babylon LST).

Currently, the total amount of SolvBTC and its LST products has exceeded 20,000 bitcoins, covering more than 20 public chains and DeFi protocols.