Solv Protocol migrated $700 million worth of SolvBTC assets from LayerZero to Chainlink

PANews reported on May 7th that, according to CoinDesk , Solv Protocol announced it is migrating over $700 million worth of SolvBTC and xSolvBTC from the LayerZero cross-chain bridge to Chainlink 's CCIP , and is abandoning LayerZero support on networks such as Corn , Berachain , Rootstock , and TAC . Solv stated that this move is based on the latest security reviews and recent cross-chain attacks, making CCIP the standard cross-chain infrastructure. This migration follows Kelp DAO's move to Chainlink after its LayerZero-based bridge suffered a $292 million rsETH attack .

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Author: PA一线

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