SolvBTC
SolvBTC is a Bitcoin reserve-backed token connecting different blockchains, supported by Bitcoin reserves according to the source description 1:1 and usable for lending, trading, and yield products in DeFi and CeFi.
Overview
SolvBTC is a Bitcoin reserve-backed token connecting different blockchains, supported by Bitcoin reserves according to the source description 1:1 and usable for lending, trading, and yield products in DeFi and CeFi.
- Sector
- # Cross-chain bridge
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
Solv Protocol said that approximately 50 tokens BTC redemption dispute resulted from an individual transaction triggering a risk review
Solv Protocol stated that the redemption dispute involving approximately 50 tokens BTC of BTC+was caused by risk controls triggered by an individual transaction; the relevant assets remain fully retained within the protocol and are under review in accordance with established procedures. The user previously stated that the address restriction had not been lifted and that the assets still could not be redeemed.
People updates
No related people updates.