It is very rare to see a utility built on Bitcoin. BTC will unlock a new way to power #AI infrastructure. Simply put, this is #DeFi on Bitcoin (BTCFi)
#GAIB recently announced a new project that combines Bitcoin with AI on the @SeiNetwork a fast & low-cost blockchain platform
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The SolvBTC Vault project enables BTC holders to utilize their crypto in innovative ways to support AI tech.
GAIB collaborates with partners like CIANProtocol, SolvProtocol etc to achieve this
The vault enhances Bitcoin's utility by integrating it with AI and financial tools
#GAIB chose @SeiNetwork for its speed & low txn fees, ideal for integrating BTC, AI & stablecoins
Sei enables Bitcoin use in DeFi, showing its ability to connect Bitcoin’s value to real-world AI applications, creating a new financial system called BTCfi (Bitcoin finance)
The SolvBTC Vault is easy for BTC holders to use. They deposit SolvBTC into a vault managed by @CIAN_protocol. This Bitcoin serves as collateral to borrow stablecoins like USDC or USDT via Takara Lend . The borrowed stablecoins are automatically placed into GAIB’s AI-powered vaults, which use AI to manage funds.
@SeiNetwork offers rewards to users, helping cover borrowing costs, making the process cost-efficient.
Users who join the SolvBTC Vault can borrow against their Bitcoin, earn 5% rewards from Sei Network based on their deposit, and gain Spice points from GAIB.
To Participate :
Visit the CIAN Vault website, deposit SolvBTC, and the system manages the rest automatically.
yieldlayer.cian.app/vaults/0x294fE934F47D95A54a436A148963da3FEF4E8313?chainId=1329
