SolvBTC Babylon is a Bitcoin-backed restaking token on Babylon, enhancing PoS security and offering yield opportunities through staked BTC.
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SolvBTC Babylon is a wrapped Bitcoin token functioning as a restaking token, launched using the Babylon protocol. It's backed 1:1 by Bitcoin or wrapped Bitcoin. The Babylon project aims to enhance the security of Proof-of-Stake (PoS) blockchains by enabling Bitcoin holders to earn yield by staking their idle Bitcoin to fortify the economic security of PoS chains and decentralized applications (dApps). Solv Protocol provides a unified platform for optimizing yield and liquidity for various major assets.
As of now, SolvBTC Babylon is trading at 87 382.357311 USD, with a 24-hour trading volume of approximately 0 USD. The SOLVBTC.BBN to USD price is updated in real time. Over the past 24 hours, SolvBTC Babylon has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 842.37M USD. Currently, there are 9 640 SOLVBTC.BBN in circulation out of a maximum supply of 9 640 SOLVBTC.BBN.
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