The future of Bitcoin yield, made possible by solvprotocol - now live on Binance Earn itself.
What is New Here:
Binance has selected an external fund manager (the first in its history) - and it has selected Solv Protocol to manage BTC yield strategies on its platform.
๐ข That is a BIG thing.
CeFi protocols (like Binance) usually do not allow third parties to gain control over their yield infra, as the regulations around it are very strict:
Assets custody.
๐ Compliance rules
Liquidity controls
But Solv managed to gain the trust of Binance. Why?
Why Solv?
Since Solv:
Institutional quality funds management
Auditable chainlink Proof of Reserves transparency
An influential universal user law and risk system
๐งฑ The two-layer system with the execution of DeFi segregated by asset custody - just as it is the case in traditional hedge funds
Solv is developed by the best practices of traditional finance, and this gives it the security and professionalism to work with such a global exchange as Binance.
What You Get As a User:
With Solv, now, it is possible to stake your BTC in Binance with several clicks and using the advanced structured yield strategies.
Book by:
Binance App Earn Advanced Earn On-Chain Yields
Youโll earn:
Rewards Up to 2.5% APR in SOLV (tranche-specific APR)
The rewards are to be accrued daily and paid upon maturity.
circumpsionis nihil, circumpsitionis nihil, gas magnum nihil
โ ๏ธ Just one thing to remember: early redemptions imply forfeited rewards
Solv is not another DeFi protocol. They are establishing the hub to BTCFi (Bitcoin Finance) by allowing:
Institutional investors to join capital-efficient BTC yield products
Make curated, risk-adjusted returns simple to be accessed by retail users.
Obedient users worldwide to play with confidence.
What was their mission?
Get 1% of the total supply of BTC into on-chain yield products via non-custodial, compliant integrations, such as this.
๐ BONUS: First Shariah-Compliant BTC Yield Product ever
Indeed, Solv created history by introducing the first Shariah-compliant BTC yield product, named SolvBTC.CORE -certified by Amanie Advisors, the largest Islamic finance compliance firm in the world.
This opens up the door to $5 trillion+ of Islamic finance capital, and enables institutions and users in the Middle East to generate compliant BTC yield at last.
๐ฉ In Brief:
Binance has introduced on-chain BTC staking provided by Solv
๐ Deposit up to 2.5% APY in $SOLV - rewards are daily compounded
๐ก๏ธ No bridges, no gas fee, all integrated
Security and transparency Institutional-grade
Solv is the sole BTCFi partner qualified by Binance Earn
The first ever Shariah compliant BTC yield product is live