Real-World Bitcoin Yield Launched by Solv, Avalanche, and Elixir SolvBTC is a new protocol developed by Solv, Avalanche, and a group of DeFi protocols.
AVAX is the first bitcoin yield vault of institutional quality that is backed by actual assets.
Through the use of tokenized U.S. Treasuries and structured DeFi techniques, the move seeks to activate idle Bitcoin by providing onchain, composable yield.