🧐 Why does Solv stand out in the Bitcoin staking track? What is the level of 23,500 BTC?

As an investor who is optimistic about Bitcoin and related tracks for a long time, I have invested in multiple BTC track projects, such as Babylon, Bouncebit, Yala, Lorenzo and Solv, etc. In particular, Solv recently released a major update and launched SAL (Staking Abstraction Layer), which has a good growth momentum in both operations and community support.

Currently, 23,500 BTC have been staked on Solv, which exceeds most mining companies and is second only to MicroStrategy and Tesla. It has successfully become a key link in the Bitcoin ecosystem through four years of no safety accidents and more than 10 billion US dollars of asset management experience. So, today I will briefly talk about Solv.

Note: Geekcartel has invested in Solv, so this article is purely from a personal perspective and cannot be completely objective, but I hope it can bring some valuable references to everyone.

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🛡️ Bitcoin is following the path of DeFi Summer, and Solv can be simply understood as a Bitcoin asset "income machine gun pool"

In addition to the confidence that is more precious than gold, the old chain Degen who has experienced the initial wave of DeFi Summer must be familiar with the "chain machine gun pool" of yearn.fi.

In my opinion, for the Bitcoin ecosystem, Solv plays the role of this "machine gun pool". Everyone can feel that whether it is traditional packaged Bitcoin such as BTCB and WBTC, or new Bitcoin asset attempts such as FBTC and M-BTC, it does release Bitcoin's liquidity into the chain scenario, but it also makes the problem of Bitcoin liquidity fragmentation more and more serious.

Especially for users who have difficulty making choices, if they want to earn stable and higher returns, they need a lot of xxBTC in their wallets. Therefore, Solv, a full-chain income and liquidity protocol with a multi-chain and multi-asset strategy, is actually equivalent to a "income aggregator" for Bitcoin assets:

No matter what BTCB, FBTC, MBTC, xx BTC...different BTC assets on different chains can be minted into SolvBTC, simplifying everyone's asset management experience.

Of course, this is also equivalent to integrating the liquidity opportunities of different Bitcoin assets. A SolvBTC goes all over the chain to form a unified asset pool, bringing more diversified income opportunities to holders.

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