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Solv Protocol Launches Staking Abstraction Layer to Enhance Bitcoin Staking Across Blockchains

Solv Protocol Launches Staking Abstraction Layer to Enhance Bitcoin Staking Across Blockchains

Solv Protocol has just launched the Staking Abstraction Layer (SAL). This exciting new framework works with BNB Chain, Ceffu, and Chainlink to make Bitcoin staking easier across different blockchain ecosystems.

With SAL, Bitcoin holders can now explore new ways to earn yields without giving up liquidity or security. This change is significant. It helps Bitcoin evolve from just being a store of value to a yield-generating asset.

Solv Protocol is well-known for its flagship product, SolvBTC. This product leads the way in Bitcoin finance. SolvBTC, dubbed the “Bitcoin Reserve for Everyone,” operates on ten different blockchain networks. It allows users to stake Bitcoin while keeping their funds liquid. Since its launch, more than 20,000 BTC have been staked through Solv’s offerings, bringing the Total Value Locked (TVL) to around $1.3 billion.

With the introduction of SAL, Solv is expanding Bitcoin staking capabilities. This is crucial because traditional Bitcoin staking has been limited by its design and lack of native staking features.

Solv has introduced three key Bitcoin staking products through SolvBTC:

  • SolvBTC.BBN: This is a liquid staking token representing staked Bitcoin on Babylon. It allows BTC holders to earn staking yields while contributing to the security of Proof of Stake (PoS) chains.
  • SolvBTC.ENA: This product offers a delta-neutral trading strategy that generates yields through Ethena’s basis-trading. It provides returns by hedging against Bitcoin’s price fluctuations.
  • SolvBTC.CORE: Focused on providing Bitcoin liquidity to CoreDAO, this option allows users to stake BTC, secure the network, earn block rewards, and engage in the CoreDAO ecosystem.

These products help Bitcoin holders earn yields while maintaining liquidity. The SAL framework ties everything together, enhancing scalability and cross-chain interactions.

The Staking Abstraction Layer (SAL) is more than just another staking solution. It’s a comprehensive framework that standardizes Bitcoin staking across multiple blockchain networks. Some key features of SAL include:

  • Cross-Chain Compatibility: SAL integrates with EVM-compatible chains like BNB Chain, allowing for seamless Bitcoin staking across different networks.
  • Liquid Staking Tokens (LSTs): SAL supports the issuance of Liquid Staking Tokens, enabling users to maintain liquidity while earning staking rewards.
  • Security and Custody: With trusted custodians like Ceffu, SAL ensures the security of the underlying Bitcoin. Chainlink’s CCIP further enhances this with secure, transparent cross-chain operations.

This new framework addresses key challenges, such as cross-chain complexity and liquidity limitations. It provides a standardized solution for Bitcoin staking.

As Bitcoin Finance (BTCFi) continues to grow, Solv’s Staking Abstraction Layer will play a crucial role in driving the mass adoption of Bitcoin staking. More partners and integrations are on the horizon.

Ryan Chow, co-founder and CEO of Solv Protocol, shared his excitement: “SAL is designed to tackle the challenges that have held back Bitcoin staking. What excites us most is its ability to bring together key players—validators, protocols, LST issuers, and yield distributors—under one unified framework. This opens up new opportunities for innovation and yield that we haven’t seen before. By simplifying the experience across chains, we’re creating a new era of financial possibilities for Bitcoin holders.”

Solv Protocol stands as a leading Bitcoin staking platform. It uses SolvBTC to unlock the potential of over $1 trillion in Bitcoin assets. With a fully transparent Proof-of-Reserve and diverse reserve assets, Solv provides a comprehensive gateway to BTCFi, making it easier for traditional funds to enter the crypto space.

Backed by notable investors like Binance Labs, Blockchain Capital, and Laser Digital, Solv Protocol has also undergone extensive security audits from top firms, including Quantstamp, Certik, SlowMist, Salus, Secbit, and Hexagate.

For more information, feel free to reach out at catherine@solv.finance.