#BTC赛道龙头Solv进军RWA
Solv Protocol has launched SolvBTC.AVAX, a token that links Bitcoin to real-world asset (RWA) yields, marking its entry into the RWA space. Here are the details:
- Product Mechanism: This product is built on Avalanche, where users deposit BTC.b or SolvBTC to receive SolvBTC.AVAX, thus gaining investment opportunities in tokenized assets such as U.S. Treasury bonds and private credit. The protocol uses automated vaults to manage deposits, directing funds to yield-generating positions without manual intervention, aiming to transform Bitcoin from a dormant asset into a productive asset.
- Related Partners: SolvBTC.AVAX is developed collaboratively by Solv, Avalanche, Balancer, Elixir, Euler, Re7 Labs, and LFJ. Solv is responsible for strategy automation, Avalanche provides the execution layer, Elixir mints deUSD, a stablecoin backed by tokenized traditional assets, Euler ensures the secure circulation of deUSD, and LFJ and Balancer handle liquidity deployment.
- Incentive Model: SolvBTC.AVAX adopts a triple incentive model. Users can earn rewards based on their holdings of AVAX tokens, gain Elixir Potion Points when minting deUSD, and participate in vault activities to earn Solv Season 2 Points.
RWA refers to the representation and trading of real-world assets in the blockchain ecosystem through digitization and tokenization, bridging traditional finance and crypto finance. Solv Protocol's entry into RWA is a product of the trend of traditional asset tokenization in the cryptocurrency space, laying the groundwork for further integration of cryptocurrency and real-world capital markets.