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Solv Protocol is a leading Bitcoin liquid staking protocol with its own multi-chain liquid staking token, solvBTC. It enables users to stake BTC in order to receive solvBTC at a 1:1 ratio, which can then be contributed to multiple liquid staking vaults on the platform. For depositing, users earn APR, with each rate varying, depending on the vault and the vault-based LST, such as solvBTC.BBN or solvBTC.ENA tokens.
During its Private funding round, the Solv crypto company managed to raise over $6M from Mirana Ventures, Laser Digital, and other funds.