Binance Earn presents the Solv protocol for BTC staking with on-chain yields

Binance On-Chain Yields launches BTC staking with the Solv Protocol starting from 30/04/2025 at 04:00 (UTC). Users can subscribe and stake their BTC to earn on-chain rewards from the Solv Protocol.

Rules of the BTC on-chain yield product of the Solv protocol:

Subscription Criteria: Available on a first-come, first-served basis. Minimum and maximum subscription limits apply, as well as duration requirements, which will affect the APR rewards that users receive. Please refer to the corresponding subscription page for more information.

Rewards: Rewards for BTC staking from the Solv Protocol are distributed in SOLV*. Rewards are recorded daily starting at 00:00 (UTC) after user subscription. However, these rewards are not distributed daily. All recorded rewards will be distributed to the spot accounts of eligible users at the end of the staking period.

Early Redemption: Users can redeem their assets at any time before maturity. The redemption process is irreversible once confirmed. Early redemptions will result in the loss of all accumulated rewards. Users will receive the full balance of their locked assets in their Spot Accounts within the next 3 days.

*This is based on the prices of the BTC and SOLV tokens at the time of the daily snapshot.

*Daily rewards in SOLV = (BTC (Price in USDT) * APR / 365) / SOLV (Price in USDT)

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