Solv Protocol introduces a classification system for SolvBTC's underlying reserve assets, including core reserves and innovative reserves

11/11 04:45

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Solv Protocol, a Bitcoin collateral platform, has introduced a classification system for its SolvBTC reserve underlying assets, dividing them into core reserves (native BTC and BTCB supported by Binance) and innovative reserves (wrapped assets such as WBTC and cbBTC). The team stated: "This setting enhances stability and risk management through the casting limit and cross-chain interest rate limit of innovative reserves. Solv is now one of the main multi-chain BTC liquidity collateral token issuers, spanning over 10 networks, including Ethereum and BNB chain, with reserves exceeding 24,000 BTC ($2 billion)."

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