Bitcoin staking platform Solv Protocol has launched a new bitcoin staking method for cbBTC holders on Base (CbBTC is Coinbase's new encapsulated bitcoin, which has been available on Ethereum and Coinbase's Ethereum Layer 2 network Base since last week.) According to the Solv team, Solv Protocol allows cbBTC tokens to be minted into SolvBTC, which can be further converted into a new liquidity staking token, SolvBTC. BBN.