Is it going to be a black swan for WC? Don't do it, what? The leading player in the BTC sector, Solv, is hot again?
Last I heard about Solv was at the beginning of the year, when there was a big scoop saying that the founder of Solv had a dispute with a female investor to attract investment. This female investor invested 1800 bitcoins but received less than one thousandth in return.
However, this female investor was debunked, and in the end, the matter faded away.
But this time, Solv has become popular again, and the previous rumors can be considered debunked.
There are four points you must know about Solv:
1. Solv is not just an airdrop project; it is a financial protocol dedicated to connecting Bitcoin with real-world assets. By collaborating with Binance, Solv has become the first Bitcoin yield strategy manager, offering an annualized return of up to 3.9%. Additionally, the depth of the SolvBTC and BTCB (Binance-pegged BTC) 1:1 exchange pool has reached $120 million, allowing for instant conversion. This deep liquidity ensures that users can exit at any time, addressing the pain point of locked assets in traditional staking.
2. Solv's collaboration with Binance further promotes the financialization of Bitcoin, breaking traditional investment methods, enriching investor choices, and injecting new vitality into Bitcoin's development, thereby continuously improving and developing the entire Bitcoin financial ecosystem.
3. Solv's RWA integration: Bitcoin, as a digital asset, has always been viewed with skepticism, with many hoping to gain short-term profits through price fluctuations. However, Solv introduces the RWA mechanism, transforming Bitcoin into an asset capable of generating long-term stable income, and successfully connecting Bitcoin with cash flow in traditional financial markets.
4. Activation of hundreds of billions of dormant funds: Currently, the staking penetration rate of Bitcoin is less than 3%. If the penetration rate exceeds 35% in the future, it will release about $500 billion in market liquidity, an energy sufficient to reshape the asset structure of the entire DeFi ecosystem.
The rise of Solv marks the transition of Bitcoin from 'store of value' to 'income-generating asset.' This transformation not only reshapes Bitcoin's economic model but also alters the landscape of on-chain financial ecosystems.
