June is Solv's welfare month, with a 160u airdrop, everyone can relax again, it's simply a benefit for newcomers, the task is very simple, I’ll guide you through it in two minutes, you can complete it with a cost of 6u, and there is no lockdown mechanism, let's start the tutorial below.
Task 1: Complete social tasks, 3 tickets.
Task 2: Stake 6u of RBTC, earn 1 ticket per day.
Task 3 (optional): Just like task two, stake 50u, earn 2 tickets per day (if you complete task three, you don't need to do task two).
Task 4: Stake 6u of solvbtc, earn 1 ticket per day.
There are two prize pools in total. Prize pool one only requires likes and interactions, while prize pool two requires completion of interactions. Prize pool one will draw 1,000 tickets, and prize pool two will draw 1,200 tickets! It's very easy to obtain tickets now, just a relaxed 50 tickets.
Solv is the first protocol to bring RWA returns into the Bitcoin ecosystem and has gained the trust of top institutions such as Binance, BlackRock, Hamilton Lane, and Nomura, possessing a real growth foundation that can withstand bull and bear markets.
Solv Protocol has partnered with Binance to launch related activities to promote Bitcoin's application in the decentralized finance (DeFi) field. Solv Protocol has also launched the SolvBTC.AVAX modular yield vault, which is the first institutional-grade BTC real yield protocol, combining Bitcoin with real-world assets (RWA) to empower BTC with real returns.
SolvBTC.AVAX product connects BlackRock and Hamilton Lane with a total of $4 billion in assets, including US Treasury bonds and private credit, providing users with certain returns. There are reports that the cooperative product has an annualized return of up to 3.9%.
Users deposit Bitcoin (such as BTC.b) into the Solv Protocol, triggering the minting of deUSD in the Elixir Protocol based on the collateralization rate. deUSD is directed to lending protocols like Euler Finance or providing liquidity to automated market maker (AMM) pools such as Balancer, capturing interest income from RWA and liquidity incentives from DeFi protocols. Profits are reinvested through the automated mechanisms of Solv Protocol, reflected in the value growth of SolvBTC.AVAX tokens.
The collaboration between Solv Protocol and Binance, as well as the launch of SolvBTC.AVAX, marks the transition of Bitcoin from a mere store of value to a yield-generating asset, providing Bitcoin holders with a way to earn returns from traditional financial markets. It also enhances the asset diversity, stability, and overall resilience of the DeFi ecosystem, opening new paths for the integration of crypto assets with mainstream capital markets.