Tag: protocol

The Bitcoin Solv Protocol Staking Platform is associated with Ethereum L2 Soneium


  • Solv Protocol has been associated with Soneium for BTC Staking in Ethereum L2.
  • After the association, SOLVBTC holders will be able to perform staking, win rewards and use advanced performance strategies.
  • The 45 million dollars on TVL and 47 million Soneium transactions boost Defi’s growth with Solv.

The world of decentralized finances continues to evolve, and a new association between Solv Protocol and Soneium is expanding the limits of what Bitcoin can achieve.

Announced on March 6, 2025, this collaboration carries the Bitcoin Staking to Soneium, a layer 2 blocks of Ethereum layer backed by the Sony Group of Japan.

When integrating these two platforms, users can now explore new opportunities to gain rewards and take advantage of liquidity between chains, combining Bitcoin’s stability with the wide Defi ecosystem of Ethereum. Solv Protocol, a platform dedicated to Bitcoin Staking, is in the heart of this development.

It allows users to deposit Bitcoin and receive SOLVBTC, a linked token 1: 1 to the Bitcoin value. Through this association, SOLVBTC holders can stop their assets in Soneium, opening the door to passive income while maintaining the proposal of central value of Bitcoin.

This movement reflects a growing trend among investors looking for ways to make your bitcoin work harder beyond simply keeping or negotiating it.

Improving Bitcoin’s potential

An outstanding feature of this collaboration is the introduction of Solvbtc liquid staking tokens, or Solvbtc.LST. These tokens allow advanced performance strategies, which gives Bitcoin users greater flexibility and scalability in their investments.

With this configuration, the staking becomes more than a way to gain rewards: it becomes a tool to unlock sophisticated financial opportunities in multiple block chains.

The Association takes advantage of the innovative Staking abstraction layer of Solv, a system designed to simplify the staking process in several networks. This abstraction layer is a radical change for Bitcoin holders.

It reduces technical barriers that often prevent users from participating in Defi, which facilitates interaction with decentralized applications.

By joining Bitcoin (BTC) to Soneium, the SOLV protocol is effectively expanding the usefulness of cryptocurrency, which allows it to play a more active role in the rapid growth world of decentralized finances. It should be noted that the time of this association could not be better.

As Bitcoin’s staking earns popularity, more investors look for ways to generate passive income from their holdings. Solv Protocol and Soneium are satisfying this front demand, offering a solution that is accessible and avant -garde.

While details about future plans remain a secret, both teams have hinted additional innovations to come, which indicates that this is only the beginning of Bitcoin’s deepest integration in Defi.

The rising star of Soneium in Defi

Soneium, launched in August 2024 by Sony Block Solutions Labs and the web3 Startale firm, a name has been quickly won.

Built as a high -performance Ethereum layer 2 solution, it is designed to boost creative and efficient decentralized applications. As of March 6, 2025, the network has a total locked value of $ 63.16 million in 19 DAPPs, According to defillama data .

Its rapid growth is evident in the 47 million processed transactions and the 4 million active addresses that it has attracted in just a few months. The platform houses some of the most dynamic projects in space, including decentralized exchanges such as Kyo Finance, Velodrome and Sonex.

The Soneium infrastructure is designed to handle Modern Defi’s demands, offering speed and scalability that complement Solv Protocol ambitions. Together, they are creating an environment where Bitcoin users can integrate without problems with avant -garde financial tools.

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KIP protocol denies participation in Libra launch


  • Kip Protocol says he did not start or launch Libra.
  • The project also did not benefit in any way with the launch, despite having been “deceived” when publishing about the Token.
  • Libra, also promoted by Argentine president Javier Milei in X, crashed shortly after launch.

KIP Protocol, the web 3 for AI based, has denied accusations that it had a role in the launch of Libra, the cryptocurrency that turned out to be a great scandal in space.

Monday, Kip Protocol team public A statement that said clarifying the facts around the launch of the Token Libra.

“We recognize the damage that the $ LIBRA situation has caused to many investors, to our customers and the cryptographic community in general. As many have surprised us recent events and we want to clarify the facts about the role of Kip Protocol in the event, ”published the platform in X.

The Kip Protocol declaration listed five key points related to the LIBRA project. It also highlights the support of Argentine President Javier Milei a fact that only saw the retailers suffer since the price collapsed shortly after.

The events even caused the launch of an investigation in Argentina, while industry observers indicated the damage to retail investors. One of the platforms that Criticism was criticized was Kip Protocol.

What has the project on Libra said?

In his statement, the KIP Protocol team has denied the reports that the project began.

“Kip did not start the Libra project or the Living La Libertad project. We do not direct any activity or participate in any discussion about the launch of the Token. We are an artificial intelligence company in the initial stage that became a convenient part to provide coverage to other parts that began and administered the launch of the Token, ”reads part of the statement.

The publication in X also highlighted four other points. Includes the statement that the project did not create or approve the website for the Living La Libertad project. Instead, KIP had an invitation that sought his assistance in the management of a financing initiative aimed at small and medium -sized Argentine companies, or SME.

According to Kip, the “invitation was made by Mauricio Novelli only on February 13, 2025, based on our previous experience in the execution of subsidy programs and our ability to implement AI infrastructure for companies.”

KIP says that the SME financing initiative was scheduled to start at a later date. Libra launched and collapsed before the platform initiated any discussion about the living project La Libertad.

So, Kip had something to do with the launch of Token? No, according to the statement.

“We were not informed in advance of the date or time of sale of the token. We did not promote the purchase of Token in any way before or after the launch. ”

Despite publishing on Libra in X, Kip maintains that they had nothing to do with the launch. The team also benefited from the Token and none of the wallets that received tokens or maintained them belong to Kip.

The launch of the Token of Libra, apparently by Hayden Davis or Kelsier Ventures, saw off guard losing millions of dollars when the token price collapsed.

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