According to the official announcement, Solv Protocol has announced a collaboration with Fragmetric and Zeus Network to launch Solana's first native yield Bitcoin product, FragBTC. It is a Liquidity Re-staking Token (LRT) designed to enhance Solana's economic potential and security, while providing Bitcoin holders with a new way to earn stable BTC-denominated yields. FragBTC leverages the Bitcoin yield strategy, SolvBTC.JUP, developed by Solv Protocol, to generate its underlying returns. SolvBTC.JUP earns BTC-denominated yields by participating in the Jupiter JLP pool on the Jupiter exchange.
Solv Protocol, in collaboration with Fragmetric and Zeus Network, launches Solana native yield Bitcoin product FragBTC
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PANews2025/04/25 15:10
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