Binance ๐ค Solv Protocol have launched a powerful partnership aimed at integrating Bitcoin into the world of DeFi (Decentralized Finance)! ๐ผ Through this campaign, users can stake BTCB via Binance Web3 Wallet and earn rewards from a $300,000 prize pool ๐ช.
๐ก What are Solv Protocol and SolvBTC?
Solv Protocol is an advanced DeFi platform delivering institutional-grade Bitcoin financial infrastructure. ๐ผ
๐น Its flagship product, SolvBTC, is a 1:1 BTC-pegged yield-bearing token.
๐น The token is usable across Ethereum, Arbitrum, BNB Chain, and Merlin Chain.
๐น SolvBTC holders can earn yield while maintaining the full liquidity of their original Bitcoin. ๐
๐ค Partnership with Binance: $300,000 Prize Pool ๐ฏ
Binance Web3 Wallet and Solv Protocol launched a joint campaign where users can stake BTCB in Solvโs Staking Pool to earn from a $300,000 reward pool. ๐
๐ Campaign Period: November 14, 2024 โ November 27, 2024
๐ Rewards were distributed based on the average amount of BTCB staked.
๐ Solv Protocol's Bold Step into RWA โ Real World Assets ๐
Solv isnโt just innovating in DeFiโitโs bridging into TradFi (Traditional Finance) too! ๐
๐น With the launch of its RWA Fund, Solv is now investing in US Treasury Bonds.
๐น This gives users access to safe, stable, real-world yield opportunities. ๐ฆ๐
๐ SolvBTC.BNB โ Unlocking DeFi Potential on BNB Chain ๐
SolvBTC.BNB is an exciting new product tailored for the BNB Chain.
It integrates with multiple DeFi protocols to generate yield, including:
๐ธ Venus
๐ธ ListaDAO
๐ธ Astherus
๐ธ KernelDAO
Bringing a wide range of opportunities to use Bitcoin in DeFi! ๐๐ฐ
๐ง Conclusion: Bitcoin + DeFi = A New Financial Future ๐
This collaboration between Binance and Solv Protocol gives Bitcoin holders a way to earn passive income while enhancing trust, security, and liquidity in the DeFi ecosystem.
Now is the perfect time to HODL your Bitcoin and stake it to earn! ๐ค
Use the hashtag #BTC่ต้้พๅคดSolv่ฟๅRWA and share your insights on Binance Square!