500 BTC shares sold out in two minutes, what exactly is this project?
Solv and Babylon are two highly watched blockchain and cryptocurrency projects. #Babylon主网将上线 SolvBTC.BBN has a TVL of up to 2300+ $BTC , launched by solv, and has as many as 30,000 users
Solv is a decentralized Bitcoin reserve protocol, while Babylon is a Bitcoin staking protocol.
Both projects are committed to expanding the application of Bitcoin in the DeFi field.
Solv Protocol has partnered with Babylon to integrate SolvBTC (a decentralized Bitcoin reserve) with Babylon's staking protocol. This integration opens up new use cases for a large amount of idle Bitcoin supply.
Babylon is backed by Binance and Paradigm, with a total investment of $88 million. Its goal is to protect the decentralized world by expanding Bitcoin.
Solv and Babylon are working together to leverage their respective strengths in decentralized Bitcoin reserves and Bitcoin staking to enhance the utility of Bitcoin in the DeFi ecosystem.
