🚀 Solv Adopts Chainlink CCIP for Largest Cross-Chain Bitcoin Staking Solution
#Solv #Chainlink #CCIP #BitcoinStaking #CrossChain #Interoperability #Ethereum #BNBChain #Arbitrum #Avalanche #LiquidStaking #LST #CryptoNews
According to Foresight News, Bitcoin staking platform Solv has integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to launch the industry's largest cross-chain Bitcoin staking solution. This new solution supports SolvBTC and its Liquid Staking Tokens (LST) assets, including SolvBTC.BBN and SolvBTC.ENA, enabling cross-chain interoperability across Ethereum, BNB Chain, Arbitrum, and Avalanche. The platform plans to expand to additional networks in the future.
Currently, the total amount of SolvBTC and its LST products exceeds 20,000 Bitcoins, with over 10,000 Bitcoin assets achieving cross-chain functionality through Solv. This development marks a significant milestone in the evolution of cross-chain Bitcoin staking, providing users with enhanced flexibility and broader network support.#Solv #Chainlink #CCIP #BitcoinStaking #CrossChain #Interoperability #Ethereum #BNBChain #Arbitrum #Avalanche #LiquidStaking #LST #CryptoNews
🚀 Solv Protocol Successfully Deploys On Base Chain
#SolvProtocol #BaseChain #BitcoinStaking #SolvBTC #cbBTC #BabylonStaking #DeFi #LST #Cryptocurrency
According to Foresight News, Bitcoin staking protocol Solv Protocol has announced its successful deployment on the Base chain. Users can now mint SolvBTC using cbBTC, enabling participation in various Bitcoin staking activities, including Babylon staking through SolvBTC.BBN (Babylon LST).
Currently, the total amount of SolvBTC and its LST products has exceeded 20,000 Bitcoins, covering more than 20 public chains and DeFi protocols.#SolvProtocol #BaseChain #BitcoinStaking #SolvBTC #cbBTC #BabylonStaking #DeFi #LST #Cryptocurrency
🚀 Babylon Reports BTC Staking Distribution in Cap-1 Phase
#Babylon #BTC #Staking #Cap1 #Mainnet #LiquidStaking #LST #NativeStakers
According to BlockBeats, on September 25, Babylon announced on the X platform that in the Cap-1 phase of its mainnet, 1000 BTC was staked. Approximately 80% of this amount came from liquid staking token (LST) projects, while around 20% originated from native stakers.
Additionally, there was an overflow of 369 BTC in staking, with about 50% coming from liquid staking token (LST) projects and the other 50% from native stakers.#Babylon #BTC #Staking #Cap1 #Mainnet #LiquidStaking #LST #NativeStakers
🚀 Aave Chan Initiative Founder Proposes Changes for Ethereum Foundation
#AaveChanInitiative #EthereumFoundation #MarcZeller #ETH #LST #stablecoins #cryptocurrency #DeFi #leadership #operationalcosts #AAVE
According to Odaily, Marc Zeller, founder of the Aave Chan Initiative (ACI), recently shared his views on addressing issues within the Ethereum Foundation. Zeller suggested several measures, including the immediate dismissal of 80% of non-developer staff and current leadership. He also proposed converting the foundation's remaining ETH into a market-tested LST portfolio.
Further recommendations included a 95% reduction in current subsidies, particularly initiatives like running nodes in Vorkuta. Zeller advised against selling ETH, suggesting instead the use of LST to lend stablecoins through platforms like Sky/Aave, which would help reduce operational costs. Additionally, he recommended handing over the X account to @JimmyRagosa, @ethereumintern_, and @antiprosynth, who actively promote the Ethereum ecosystem with over 20 posts daily.#AaveChanInitiative #EthereumFoundation #MarcZeller #ETH #LST #stablecoins #cryptocurrency #DeFi #leadership #operationalcosts #AAVE
🚀 Celestia Co-Founder Proposes Proof-of-Governance for Token Staking
#Celestia #ProofOfGovernance #TokenStaking #LST #DeFi #DataAvailability #TransactionFees #Revenue
According to PANews, Celestia co-founder John Adler has proposed adopting Proof-of-Governance (PoG) as the ultimate solution for liquid staking tokens (LSTs) on the X platform. The proposal suggests modifications to the Celestia protocol that could significantly reduce unnecessary token issuance from 5% to 0.25% without compromising the protocol's security. This change aims to facilitate seamless parity with LSTs, allowing TIA to be more easily utilized within Celestia's native DeFi ecosystem. Additionally, by enhancing data availability (DA) throughput and vertically integrating with execution layers and applications, this change is expected to help Celestia accumulate value through revenue (REV) and transaction fees.#Celestia #ProofOfGovernance #TokenStaking #LST #DeFi #DataAvailability #TransactionFees #Revenue
🚀 Core's New Roadmap Aims to Redefine BTCFi Narrative
#BTCFi #CoreRoadmap #Bitcoin #AssetManagement #NonCustodialStaking #Liquidity #RealWorldConsumption #AMP #LST #SatPay #PostSubsidyEra
PANews posted on X (formerly Twitter). Core's latest roadmap appears to be reshaping the foundational narrative of BTCFi, moving beyond the concept of 'earning interest on Bitcoin.' The roadmap introduces a comprehensive cycle that connects dormant capital, asset management, liquidity, and real-world consumption through non-custodial staking, AMP, LST, and SatPay. This approach offers a distinct evolution path for BTCFi, showcasing a viable model in a post-subsidy era.#BTCFi #CoreRoadmap #Bitcoin #AssetManagement #NonCustodialStaking #Liquidity #RealWorldConsumption #AMP #LST #SatPay #PostSubsidyEra