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Solv is a Bitcoin staking platform that offers multiple yield strategies across over half a dozen blockchain networks.
It generates yield by staking BTC on Bitcoin layer 2 solutions including Babylon and CoreChain, as well as decentralized finance (DeFi) protocols such as Jupiter and Ethena.
Solv currently manages over $3 billion in total value locked (TVL), according to DefiLlama.
Solv Protocol is preparing to launch an “on-chain MicroStrategy” to bring yield-generating Bitcoin reserves to DeFi, Solv co-founder Ryan Chow said in November.
According to Chow, Solv aims to build a “strategic Bitcoin reserve that not only preserves wealth but also generates yield and amplifies returns.”