Solv has become one of the leading Bitcoin staking platforms on Ethereum with over 24,000 BTC ($1.7B USD) staked in the protocol. Today, we are excited to list our first collaboration with Solv: SolvBTC and SolvBTC.BBN are immediately available for pre-staking on Form's Meditations campaign.

Users who stake SolvBTC and SolvBTC.BBN (a Solv LST for Bitcoin staked in Babylon) in Meditations will receive 2x Form Points, which will convert into FORM tokens upon TGE and 12 Solv XP points for every $ staked in Meditations. Solv XP are points that will be used to allocate a portion of the airdrop of Solv’s token at a future date. We are also exploring exclusive FORM benefits for larger Solv LPs, you can find out more by messaging the Solv team directly.

A reminder to stakers that 8% of the FORM token supply will be collectively distributed across those who stake in the pre-deposit campaign and those who participate in Form mainnet activities. This directly applies to those staking SolvBTC and SolvBTC.BBN in Meditations.

BTCfi 🤝SocialFi

As tokenized bitcoin begins to enter the native yield, staking and broader DeFi space, Solv Finance has emerged as a leader in the BTCfi category, securing over $1.7B TVL across their primary assets SolvBTC and their growing list of Solv LSTs like SolvBTC.BBN and many others.

We’re beyond excited to bring these assets into the SocialFi space, bridging SocialFi, yield and Bitcoin for the first time in the history of Ethereum.

If you are new to Solv, you can mint SolvBTC by depositing WBTC and other assets here or swapping on a DEX. You can mint the SolvBTC.BBN LST by depositing SolvBTC here.

If you already have SolvBTC and SolvBTC.BBN, head over to Meditations to earn Form points now!