Imagine unlocking the untapped potential of over $1 trillion in idle Bitcoin, transforming it into a powerhouse within the DeFi ecosystem. Enter SolvBTC—the universal Bitcoin reserve token poised to bridge the gap between Bitcoin & limitless opportunities of Defi! Let's deep dive into the project:

Solv Protocol

1.Leading Bitcoin Staking Protocol, building financial ecosystem around Bitcoin.

Solv Protocol’s mission is to unlock Bitcoin’s full potential by transforming over $1 trillion of idle BTC into yield-generating assets and becoming the on-chain reserve for Bitcoin in DeFi.

2.TVL is on par with Bitcoin ETF with total TVL $2.279B

Total TVL $2.297B

3. Fun-fact : Solv would only need 2.5% of BTC deposited into its vaults to achieve a TVL similar to Lido's.

4. Staking Abstraction

Solv Protocol’s utilizing SAL abstracts various processes and hundreds of parameters for bitcoin staking, manages the complexities of staking Bitcoin across multiple ecosystems and presents a unified interface for Bitcoin holders, enabling Bitcoin holders to earn yields across different blockchains.

Staking Abstraction Layer

5. Non-Custodial Bitcoin Staking

Solv Protocol utilizes a decentralized mechanism for managing user assets through the whole process of Bitcoin staking & processed in a non-custodial environment.

6.Bitcoin Reserve Offerings (BROs)

The most interisting part IMO. To leverage its Bitcoin reserve, Solv preliminarily plans 3 BROs.

  • Each minting 42 million SOLV tokens exclusively for convertible note sales (scheduled for Q1, Q2, and Q3 2025).

  • These sales will acquire BTC for the protocol-owned reserve. Convertible notes mature in one year, with SOLV token claimability in Q1, Q2, and Q3 2026, respectively.

  • Further Bitcoin Reserve Offerings will be under DAO governance and the token supply may increase via network governance for Bitcoin Reserve Offering.

7. Solv Protocol Products

  • SolvBTC:
    SolvBTC is a 1:1 BTC-pegged token that facilitates seamless cross-chain transfers and unlocks DeFi participation for Bitcoin holders.

  • SolvBTC.LSTs (Liquid Staking BTC)

    Enabling users to earn yield while maintaining liquidity. Inluding four distinct product lines:

    • SolvBTC.BBN (Babylon-based liquid staking)

    • SolvBTC.JUP (Jupiter-based delta neutral strategy)

    • SolvBTC.CORE (CoreDAO-based liquid staking)

    • SolvBTC.ENA (Ethena-based delta neutral strategy).

  • SolvBTC DeFi Vaults

    The SolvBTC DeFi Vault streamlines user interaction with various LSTs and DEXes, minimizing the complexity and costs of typical on-chain transactions.

    3 Core Product of Solv Protocol



9. $SOLV is Solv Protocol’s native utility token and is used in the following functions:

  • Governance: SOLV token holders can vote on network governance decisions.

  • Staking: By staking SOLV token on the Staking Abstraction Layer, stakers can earn protocol emissions.

  • Fee Discounts: SOLV token holders can enjoy fee discounts, including redemption fees for SolvBTC.

Tokenomics

  • Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)

  • Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)

  • Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply, 6.09% of max token supply)

  • Initial Circulating Supply When Listed on Binance Spot: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)

10.Solv Megadrop now is open!

Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol ($SOLV), Users can start participating in the SOLV Megadrop from 2025-01-07 00:00:00 (UTC).


SOLV Megadrop Period:

2025-01-07 00:00:00 (UTC) to 2025-01-16 23:59:59 (UTC)

  • BNB Locked Products Snapshot Period:

    • To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2025-01-07 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Product.

  • Web3 Quest Period:

    • Users may complete Web3 Quest(s) during the Quest Period.

      • Web3 Quest : “Stake 0.0001 BTCB on Solv Protocol”

  • 2025-01-17 06:00:00 (UTC)

    • Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Account.