Solvprotocol introduces Chainlink Proof of Reserves to enhance its BTC asset transparency

BlockBeats news, on February 12, Solv protocol announced the adoption of Chainlink Proof of Reserves to enhance the transparency and security of its BTC reserves. The Proof of Reserves will provide real-time reserve data for all assets of Solv protocol, including SolvBTC and various LST assets, ensuring asset transparency. It is reported that the total locked amount of Solv protocol has been rising recently, with the total locked BTC surpassing 27,000 coins, worth over 20 billion US dollars.