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Solv Protocol has introduced FragBTC, a groundbreaking Bitcoin restaking token that enables BTC holders to earn native yields on Solana. This innovation allows users to maintain full Bitcoin exposure while benefiting from Solana’s DeFi ecosystem. The launch marks a significant step in unlocking dormant BTC liquidity.
- FragBTC enables Bitcoin holders to earn native yields on Solana while retaining full BTC exposure, avoiding cross-chain risks.
- Solv Protocol partnered with Zeus Network as its first Institutional Guardian, enhancing security and transparency in its DeFi offerings.
- After facing TVL manipulation allegations, Solv conducted independent audits and raised $10M via a Bitcoin Reserve Offering to expand its DeFi ecosystem.
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Other Tags: DeFi, Jupiter Exchange