Solv Protocol, a financial services provider for bitcoin holders, has partnered with decentralized oracle network Chainlink to integrate real-time verification of Solv’s actual BTC reserves backing its liquid token, SolvBTC, directly into its price feed. This integration enhances transparency and builds greater trust for users.

Unlike traditional price feeds that rely solely on market data, the new SolvBTC-BTC Secure Exchange Rate feed combines exchange rate calculations with real-time proof of reserves, delivering an on-chain redemption rate firmly anchored in verifiable collateral.

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Author: Omkar Godbole

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