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Solv Protocol Rolls Out FragBTC for Native BTC Yield on Solana
In a groundbreaking development, Solv Protocol has officially launched FragBTC, a revolutionary solution that allows Bitcoin holders to earn native yield while maintaining full exposure within the growing decentralized finance (DeFi) ecosystem of Solana. This innovative product is poised to open up new opportunities for investors and traders alike.
FragBTC uses a cutting-edge strategy called SolvBTC.JUP, which creates a local income stream in BTC without relying on cross-chain solutions that often come with significant risks. By offering a seamless experience for Bitcoin holders, FragBTC aims to revitalize the stagnant state of this popular cryptocurrency by unlocking its potential within the Solana network.
In an unprecedented move, Solv Protocol has strengthened their position as a leader in the DeFi space by becoming the first institutional guardian for the Zeus Network. This bold step demonstrates their unwavering commitment to security and transparency.
Furthermore, this announcement can have far-reaching implications beyond just the cryptocurrency market. By merging Bitcoin with decentralized finance, Solv Protocol is pioneering a new path that could see the intersection of traditional financial instruments and blockchain-based innovations.
Source: https://www.crypto-news-flash.com/solv-protocol-rolls-out-fragbtc-for-native-btc-yield-on-solana/?utm_source=rss&utm_medium=rss&utm_campaign=solv-protocol-rolls-out-fragbtc-for-native-btc-yield-on-solana
