Bitcoin yield protocol SolvBTC is developing Liquid Yield Tokens to enable Bitcoin holders to earn income from DeFi. The project, which launched earlier this year, has already attracted $1.3 billion in total value locked from 292,000 users. SolvBTC will soon launch on the Ethereum mainnet, allowing users to tap into wrapped Bitcoin liquidity and generate yields directly on the Ethereum DeFi ecosystem. Meanwhile, other developers are working on increasing the underlying capacity of the Bitcoin blockchain to improve its DeFi performance.