Solv Protocol Becomes Largest Holder of 250 BTC in Babylon's Initial Pledge

Babylon has announced that the first round of pledges has ended. The Solv protocol confirmed the subscription of 250 BTC shares, making it the largest project in the Babylon LST, and Solv's founder Ryan tweeted that the Gas fees generated by the pledge will be borne by Solv. In addition, SolvBTC.BBN has been integrated with more than 10 public chains and DeFi projects during the pre-pledging phase.