📢 Community Update:

Earlier today, a user’s wallet holding SolvBTC.BBN was compromised in an isolated incident, temporarily impacting SolvBTC.BBN prices across multiple DEXs.

We would like to emphasize that there are no vulnerabilities in Solv Protocol’s smart contracts or token contracts, and the platform is fully secure. User funds are safe, and SolvBTC.BBN is still backed 1:1 by underlying Bitcoin.

Our team is actively investigating the impact of the incident on the Solv ecosystem, and a detailed report will be shared soon.

Solv Protocol Team