Solv Protocol: SolvBTC and its LST product have been launched on the Sonic Labs mainnet
Solv Protocol has announced that its SolvBTC and SolvBTC.LSTs products have officially launched on the Sonic Labs mainnet. Users can now bridge their Bitcoin assets to the Sonic ecosystem through this platform. Previously in December 2024, Sonic Labs announced a plan to airdrop approximately 200 million S tokens, which will end in June 2025 for the first quarter, incentivizing user participation and developer contributions through two point mechanisms: Sonic Points and Sonic Gems.
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