Sui's Liquidity Staking Platform Volo Introduces Volo Vault, Supporting wBTC DeFi Yield Farming

BlockBeats News, August 7th, Sui ecosystem liquidity staking platform Volo announced the launch of the first Volo Vault treasury, with initial support for wBTC deposits. Users can use this to expand the earning potential of BTC in the DeFi scene. This feature marks a key milestone for Volo in cross-chain asset support and DeFi yield aggregation.

Volo itself is a liquidity staking protocol on Sui, allowing users to stake SUI to receive vSUI, which can be used in multiple DeFi scenarios, with related growth governed by the Volo DAO. With the launch of the Volo Vault, the platform is gradually building a DeFi yield entry point for ordinary users, further enhancing ecosystem liquidity and unleashing potential growth momentum.