Solv Protocol is shutting down burn-mint permissions for SolvBTC assets across major chains, urging users to redeem and withdraw underlying assets before June ends


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Promote with Leviathan News$700M+ of SolvBTC already moved off LayerZero toward CCIP, so killing Free Protocol burn-mint paths looks less like housekeeping and more like Solv collapsing its BTCFi surface area after bridge risk stopped being theoretical. Long-tail chains and smaller strategy venues lose wrapped BTC float first; users who miss the June exit window may end up holding liquidity-isolated SolvBTC variants that only clear through redemption queues instead of normal DeFi routing.
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