Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Solv Protocol introduces a classification system for SolvBTC's underlying reserve assets, including core reserves and innovative reserves

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

CointimeCointime2024/11/11 04:55
By:Cointime

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)."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!