ChainCatcher news, according to CoinDesk, Bitcoin staking platform Solv Protocol has launched a new Bitcoin staking method for cbBTC holders on Base (CbBTC is Coinbase's newly launched packaged Bitcoin, which has been online on Ethereum and Coinbase's Ethereum second-layer network Base since last week).

According to the Solv team, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can be further converted into a new liquid staking token SolvBTC.BBN.