How To Utilize Your IDLE $BTC ( Efficiently) 💊
Here's the clean, fully English version with all Chinese
Binance now makes it easy to earn yield on your BTC directly through Solv Protocol. Here's how you can start:
1. Go to Binance → Advanced Earn → On‑Chain Yields
Look for the Solv Protocol BTC staking product.
2. Subscribe Using Your BTC
Select a tranche (different maturity/yield options), enter the amount, and confirm. No bridges or wallets are needed—everything runs through Binance.
3. Start Earning
Rewards (paid in SOLV tokens) start accruing daily from the next UTC day. Expected APR is up to ~2.5%, depending on the tranche.
4. Claim at Maturity or Exit Early
At maturity: You receive your BTC + SOLV rewards.
Early redemption: You get your BTC back, but forfeit all unclaimed rewards. A small delay (~3 days) may apply.
5. Track SolvBTC Backing
Binance users can verify SolvBTC reserves through Chainlink Proof of Reserve—ensuring transparency and security.
🪙 $SOLV Token Economics: Breakdown
Supply Overview:
Max Supply: 9.66 billion SOLV
Initial Circulating Supply: ~1.48 billion SOLV
Total Genesis Supply: 8.4 billion
Utility:
Governance: Vote on protocol upgrades and parameters
Staking Rewards: Stake SOLV in the protocol’s SAL system to earn emissions
Fee Benefits: Enjoy reduced fees for SolvBTC redemptions and other actions
Solv vs. Other BTC Yield Platforms
@Solv Protocol stands out among emerging BTCFi protocols like:
Babylon – BTC staking through Bitcoin Layer 2
Stacks – BTC-secured DeFi with smart contract capabilities
FortunaFi / Flash Protocol – Other BTC-native DeFi platforms focused on yield