Imagine you have a piggy bank shaped like a super-secure vault, but also a small box that’s easy to open when you want to buy something quickly. That’s exactly what SolvBTC just built for $BTC in decentralized finance (DeFi). And this upgrade changes everything!
Here’s what you need to know:
1. A Two-Layer Structure for More Trust
SolvBTC now works like a two-story house:
Ground Floor (Mainnet Reserve Layer): This is where real Bitcoin is kept safe by trusted companies like Ceffu and Cobo.
Upstairs (EVM Liquidity Layer): A small portion of the Bitcoin stays ready to use quickly for trades and DeFi activities.
The result? The security of a vault + the speed of a wallet.
2. Well-Protected Vaults
The Bitcoins are held by companies that follow legal rules. Every SolvBTC token has a real Bitcoin behind it. It’s a one-to-one system. No cheating.
3. Speed and Safety, At the Same Time!
When you want to use your SolvBTC:
Most of it is stored securely in the vault.
A small part remains on the blockchain so you can access it quickly.
4. Everything Is Transparent and Verifiable
No more guessing if the money is really there. Everything is visible on the blockchain. There are even public proofs showing the Bitcoin is safe. It’s like being able to check how much is in the vault—without opening it.
5. No More Cheating with Wrapped Bitcoins
From now on, only “wrapped BTC” (Bitcoin versions on other networks) that meet strict rules will be accepted. That means:
Security
Compatibility
Error-free use
6. Clearer Names
Starting April 25, 2025, SolvBTC on the Merlin blockchain will be renamed SolvBTC.MERL. This avoids confusion—especially as more versions appear on multiple blockchains.
7. A Solution for Big Institutions
This new system makes it easier for serious companies to use SolvBTC with full confidence. It’s:
Secure
Transparent
Easy to use across many blockchains
Conclusion:
SolvBTC is becoming the strongest bridge between Bitcoin and DeFi. It’s like building a highway where Bitcoin can move freely, quickly, and safely. Whether you're a beginner or an expert, SolvBTC is here to bring Bitcoin into the future of finance.
The future of Bitcoin is now. And SolvBTC is leading the way.