Solv: Leveraging Bitcoin's 'sleeping yield'
Every day in plain language, helping you understand a project called Solv—it's a non-custodial protocol that allows Bitcoin holders to seamlessly integrate idle BTC into a multi-chain DeFi ecosystem to earn yields through secure cross-chain staking.
Core mechanisms and value propositions of Solv:
1. Bitcoin staking and liquidity release:
Staking rather than transferring: Users stake Bitcoin in Solv's cross-chain custody pool, without needing to sell or transfer on-chain ownership, keeping the assets anchored in the Bitcoin network.
Generating liquidity certificates: After staking, users obtain cross-chain liquidity certificates (like SolvBTC) representing the staked assets, which can be circulated on other blockchains (like Ethereum, BNB Chain, etc.).