📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
SAL provides a standardized framework for the Bitcoin staking ecosystem, unlocking the potential of trillions of BTC.
The Standardization Path of Bitcoin Staking
Bitcoin, as a $1.75 trillion asset, has long been the largest "sleeping pool of funds" in the crypto world. Although various attempts have been made in the industry to unlock Bitcoin's liquidity since the DeFi boom in 2020, most projects have struggled to truly leverage the BTCFi market.
In this context, the BTCFi and Bitcoin staking ecosystem urgently need to establish a universal standardized framework to efficiently integrate the Bitcoin liquidity resources scattered across multiple chains and platforms. This is precisely the most pressing issue that the Bitcoin ecosystem needs to address at the moment.
As the largest Bitcoin staking platform currently, Solv has introduced the concept of Staking Abstraction Layer (SAL), aiming to aggregate the decentralized BTC liquidity across the entire chain and provide a scalable and transparent unified solution.
SAL divides the core participants of the Bitcoin staking ecosystem into four roles: staking protocols, staking validators, yield distributors, and LST issuers. It has launched key modules covering the entire process around these roles, including LST generation services, staking validation services, transaction generation services, and yield distribution services.
Through these modules, SAL effectively integrates the technical differences of various protocols in the Bitcoin ecosystem, providing a clear operational framework for different roles and greatly simplifying the participation threshold in the Bitcoin staking ecosystem. Currently, multiple protocols and service providers such as BNB Chain, Babylon, and ChainLink have joined the SAL protocol ecosystem.
What is even more exciting is that SAL is expected to derive a diversified yield solution based on the full-chain BTC, including:
This has built multiple returns for Bitcoin holders who originally had zero interest income, revitalizing this dormant high-quality crypto asset.
As the "infrastructure project" of the Bitcoin ecosystem, SAL is expected to unleash the potential of Bitcoin, a trillion-dollar asset, based on providing a unified framework for the Bitcoin staking ecosystem, opening a new chapter for the development of BTCFi.