Chainlink announced via X on Thursday that Solv Protocol is enhancing its use of Chainlink CCIP for cross-chain SolvBTC transfers by incorporating Symbiotic for additional cryptoeconomic guarantees.
Symbiotic LINK and SOLV vaults will back a Symbiotic-powered network designed to monitor and flag potential anomalies when SolvBTC is transferred cross-chain. These vaults are backed by a Symbiotic-powered monitoring network that monitors SolvBTC transfers via CCIP and issues alerts in case of discrepancies.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 4.7% over the past 24 hours and is trading at $17.18 at press time.
 
 
                 Hassan Maishera
 Hassan Maishera
							 
 					 
 			 
 						 
 						 
 						 
 						 
 						