Let Bitcoin 'Move': What is Solv Protocol Doing?
As the 'gold standard' of the crypto world, Bitcoin often just lies around waiting for a price increase, with on-chain activity far less than that of the Ethereum ecosystem. Solv Protocol wants to change this by activating its liquidity through the '#BTCUnbound ' plan. @Solv Protocol
In simple terms, their core product BTC + allows you to earn returns on native Bitcoin that you deposit. There is no need to wrap it into other tokens, avoiding cross-chain risks, and it directly engages with on-chain credit markets, liquidity provision, basis arbitrage, and even connects with institutional funds like BlackRock and Hamilton Lane, aiming for an annual yield of 5%-6%.
Compared to other Bitcoin financial products, its highlights include: Chainlink's proof of reserves for real-time asset verification, transparency; using financial NFTs as proof, allowing circulation across multiple platforms, and high flexibility in connecting with DeFi applications; and as Binance Earn's exclusive BTC yield manager, it has a strong security level.
There is also significant support behind it, with the BNB Chain Foundation purchasing SOLV tokens and supporting its $100 million incentive program, with ambitions to capture 1% of the world's Bitcoin (approximately $1 trillion in scale), aiming to turn Bitcoin from a static asset into a 'programmable yield engine'.
Currently, there is an early reward program; starting from August 1, deposits or locking SOLV can split $100,000 in SOLV, with longer locks yielding more rewards. However, investment carries risks, and the stability of returns and the project's implementation effectiveness need observation. Interested parties can pay more attention, but should not enter blindly.
