According to Foresight News, Bitcoin staking protocol Solv Protocol has announced its successful deployment on the Base chain. Users can now mint SolvBTC using cbBTC, enabling participation in various Bitcoin staking activities, including 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.