⚡️Solv Protocol x Avalanche
We are excited to announce that SolvBTC is now expanding to Avalanche! BTC.b holders can now mint SolvBTC using their BTC.b as collateral, unlocking new yield opportunities in the Solv ecosystem.
💡BTC.b History on Avalanche
BTC.b is Avalanche’s native wrapped Bitcoin. With over 5,000 BTC.b circulating on-chain, Avalanche is among the top blockchains for holding BTC, giving its community access to the broader Bitcoin economy.
➡️Introducing SolvBTC: Unlocking Yield for BTC Holders
SolvBTC allows users to mint Liquid Staking Tokens (LSTs) from BTC.b, allowing them to participate in DeFi while holding their Bitcoin. With SolvBTC, you can now earn yield and engage with the growing BTCFi ecosystem; all without losing your exposure to BTC!
Why Avalanche❓
Avalanche is home to a dynamic and innovative DeFi community. Integrating SolvBTC with Avalanche means we are bringing new benefits to BTC.b holders, expanding liquidity and deepening the BTCFi ecosystem on one of the most BTC-rich chains in DeFi.
⚙️How It Works
BTC.b holders can seamlessly mint #SolvBTC using their BTC.b as collateral. This gives users access to Solv’s Liquid Staking opportunities, allowing them to tap into the value of BTC and earn while maintaining their exposure to Bitcoin.
What’s Next?🚀
We’re just getting started! Our partnership with Avalanche paves the way for deeper integrations, more liquidity for BTC.b, and innovative use cases for #BTC holders on Avalanche. Get ready for a new wave of returns
🖥Learn more: bit.ly/4djdb7J
