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.
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