Most people just let their Bitcoin sit. It’s safe, sure, but it’s not doing anything. @Solv Protocol changes that. It lets you turn your BTC into something you can actually use in DeFi — without selling it.
Here’s the flow in plain words:
Minting SolvBTC: You connect your wallet, deposit BTC (or a trusted wrapped version like WBTC), and instantly get SolvBTC. Same value, but now it can move across different blockchains and plug into DeFi.
Redeeming: When you want your BTC back, you burn your $SOLV BTC in the app, get a claim token, and withdraw your original BTC. Test with a small amount first so you know exactly how it works.
Earning with xSolvBTC: If you want yield, you wrap your SolvBTC into xSolvBTC. You’re still in control of your funds, but now you’re collecting rewards in the background.
The nice part? Proof-of-Reserve. You can check, any time, exactly what’s backing your SolvBTC. It’s all public.
Security in Real Life Terms
Solv’s smart contracts have been audited by multiple security firms — meaning outside experts have combed through the code to find and fix issues. That’s good, but no system is 100% risk-free. The smart move is:
Always check the reserve dashboard before depositing.
Use official links and contract addresses only.
Start small before you go big.
SolvBTC vs WBTC vs tBTC (Quick Take)
SolvBTC: Flexible, works across chains, can earn yield, and has live reserve tracking.
WBTC: Super easy to get, huge liquidity on Ethereum, but fully custodial (you’re trusting BitGo).
tBTC: More decentralized and trust-minimized, but slower and a bit clunkier to use.
Bottom Line
Think of SolvBTC as giving your Bitcoin a second life — one where it can move, trade, and earn.
xSolvBTC is just that, with a built-in rewards tracker.