The Solv Protocol is a decentralized protocol focused on asset management on the Bitcoin (BTC) blockchain. Here is some information about Solv:
Launch Information
It will be launched on Binance on January 17, 2025, at 18:00, opening trading markets for SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
Project Advantages
By integrating Active Validation Services (AVS), it ensures the security of staking transactions and comprehensively monitors various aspects of staking transactions, including target addresses, script hashes, staking periods, etc., to ensure the validity and security of transactions; it optimizes the staking process of the project, allowing users to simply deposit Bitcoin into the platform without needing to perform other on-chain operations, thus ensuring user security while improving staking efficiency and generating returns; it is a full-chain yield aggregation platform that employs a CEDEFI model, combining CEFI and DEFI, and providing transparent contract management services.
Funding Situation
It has raised approximately $29 million through three rounds of financing, with well-known investment institutions such as Binance Labs, Blockchain Capital, Laser Digital, Matrix Partners China, and OKX Ventures making significant investments in it.
Token Information
The SOLV token is the native token launched by the Solv Protocol, with a total issuance of 8.4 billion tokens and an initial circulation of 840 million tokens.