Let me explain the changes (benefits) this protocol brings to Bitcoin in simple terms:
Solv Protocol is like a flexible piggy bank for Bitcoin, allowing you to retain your Bitcoin while using it to participate in various financial activities to earn money. Here is the core information:
2. What does it do?
1. Save money and earn interest, while also spending flexibly.
If you hold Bitcoin, you can 'deposit' it into the Solv Protocol (professionally known as staking), and then receive a token called SolvBTC. This token is equivalent in value to your deposited Bitcoin but can be used like cash to:
1: Invest in other projects (such as DeFi lending and liquidity mining);
- Trade anytime (exchange for other coins or USD on exchanges);
- Earn double returns: Retain the potential appreciation of Bitcoin while additionally earning through DeFi activities.
2. Let Bitcoin earn more across sectors
Solv combines Bitcoin with traditional financial products (such as US Treasury bonds and corporate loans) to launch products like SolvBTC.AVAX. In simple terms, it allows your Bitcoin to participate in lucrative opportunities from banks and funds, with annual returns reaching 4.5%-5.5%.
1. How to make money?
1. Deposit Bitcoin and earn double returns
- Basic returns: Earn approximately 4.5%-5.5% annually by staking Bitcoin to participate in DeFi activities with SolvBTC.LST;
2. Benefits of holding SOLV tokens
- Voting rights: Participate in protocol upgrades and rule-making;
- Dividends: Staking SOLV allows you to share in the profits generated by the protocol;
- Fee discounts: Lower transaction fees when using Solv services.
3. Are the team and partners reliable?
1. Experienced team
Founder Ryan Chow is a serial entrepreneur, CTO Will Wang is a blockchain security expert, and the team has led multiple successful projects with solid technical and financial backgrounds.
2. Backed by large companies
Secured over $25 million in investments from institutions like Binance Labs and Blockchain Capital, and collaborated with Coinbase and Chainlink, ensuring compliance and technical support.
Currently, BTC reserves have reached 19,286 Bitcoins.
And it has already expanded across multiple major blockchains such as:
It can be said: basically covers the current cryptocurrency chain.
Everyone should pay more attention to this project,......