On October 28, Venus, a decentralized currency protocol, announced that SolvBTC has been added to its core pool assets. SolvBTC is a Bitcoin reserve asset issued by the Solv Protocol, which offers Bitcoin staking. It allows users to use SolvBTC as collateral for lending while maintaining exposure to Bitcoin’s long-term value.
This inclusion will improve SolvBTC’s liquidity efficiency and expand its application scenarios.
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<p>The post Decentralized Currency Protocol Venus Launches SolvBTC as Next Bitcoin Asset first appeared on CoinBuzzFeed.</p>
