With the halving dust settling, miner rewards halved, volatility returning to rationality, and spot ETFs continuing to attract incremental attention—most holders face a painful question: besides hoarding and waiting for a price increase, what else can BTC do?
At this moment, I came across a piece of easily overlooked 'small news': a protocol aimed at BTC has connected three yield pipelines: CeFi / DeFi / TradFi. I followed the clues and finally pointed the arrow to—Solv Protocol.
Why this: Three pieces of 'making money work harder' hard goods
① Multi-strategy BTC yield layer (BTC+)
It's not just about betting on direction, but unifying on-chain credit, LP market making, funding rates/basis, protocol incentives, and **real-world yields (RWA)** into one treasury engine. Prices run on their β, strategies give you α—sideways doesn't mean stagnation; when trends come, dual engines overlay.
② Institutional-grade security and transparency
• Dual-layer treasury: Custody and execution separated, aligned with traditional asset management habits;
• Proof of Reserve (PoR): Third-party oracles perform on-chain reserve verification, reducing 'trust me' and increasing 'show you';
• Risk control guardrails: Protecting NAV / layered management to constrain strategy lower limits, breaking down black boxes and single-point risks.
③ Distribution matrix connecting the three realms
• CeFi: One-click subscription at the exchange entry, reducing learning and Gas costs;
• DeFi: Official dApp direct access, native BTC one-click deposit, no cross-bridge, no wrapping;
• TradFi: Bring cash flows from BUIDL/SCOPE and other RWAs onto the yield layer, supplementing a stable foundation.
In one sentence: The same BTC connects to three 'pipes' at the same time.
The three questions and answers I care about the most
Q1: Is this just changing the soup but not the medicine?
A: It’s not a version of 'high-yield farms'. It combines real cash flow with on-chain strategies, using PoR + dual-layer treasury to bring the 'invisible' parts to light.
Q2: Do I have to sell BTC to participate?
A: No need. The idea is to let BTC continue to exist, with yields layered on top. For long-termists, this is an upgrade from 'just holding without generating' to 'holding and generating'.
Q3: Will beginners find it hard to get started?
A: Not hard. The exchange entry is responsible for 'low thresholds', while the official dApp is responsible for 'high freedom'. You can either subscribe with one click or set up on-chain locking and incentives yourself.
Onboarding scripts for different demographics
• Conservative (less hassle): Go through the exchange entry → Subscribe to 'on-chain yield / BTC yield' → Regularly check yield and net asset value changes.
• Active (requires strategic sense): Enter official dApp → Deposit native BTC → Choose whether to lock up, participate in time-weighted incentive mechanisms → Regularly check treasury reports and PoR pages.
• Advanced (requires combo moves): Beyond BTC+, use certificates like SolvBTC in other DeFi scenarios (lending, market making, staking), stacking the 'yield layer' into a 'yield network'.
The difference from traditional 'hoarding coins waiting for a bull market'
Dimension Only hoarding Accessing Solv yield layer
Cash Flow None Yes: Multi-Strategy + RWA Overlay
Transparency Price as the only dimension PoR + Auditable architecture + Reports
Mindset Sideways Anxiety Sideways with interest, trend amplification
Participation threshold Low but passive Low and active (CEX/on-chain dual entry)
My conclusion
After the halving, the story of BTC shifts from 'scarcity' to 'yield'. ETFs bring in money, while the yield layer retains it.
The value of Solv lies not in a 'new trick', but in making yield, compliance, and transparency the 'default option':
• You can continue to just hold without generating;
• You can start now and let BTC learn to pay you a salary.
In the next market cycle, it’s not just about the price increase, but also about 'having stable cash flow beyond the price increase'. Which side do you want to stand on?