Ever heard of $ETH 2.0 and its staking feature? Now, Bitcoin holders can also experience the same with SOLV Protocol. This platform opens up new opportunities for the Bitcoin community to actively participate in its ecosystem and earn attractive rewards.
What is Solv Protocol?
Solv Protocol is a platform that allows us to "stake" Bitcoin. Staking is like putting our money in bonds, where we can get interest from the money we deposit. By staking Bitcoin on Solv Protocol, we can get various rewards, such as APY, Solv Point, Babylon Points, Ethena Points, and so on. Solv Protocol is a revolutionary innovation in the cryptocurrency world that focuses on increasing the flexibility and utility of Bitcoin, because Solv allows Bitcoin holders to stake and earn passive income, as well as open access to various DeFi services.
Interesting Points of Solv Protocol
Gateway to the DeFI world: Solv bridges users to connect with various DeFi protocols, allowing users to lend their Bitcoin, provide liquidity to various pools, and participate in various other DeFi activities.
Staking Abstraction Layer (SAL): SAL is a technology layer developed by Solv to simplify the Bitcoin staking process and provide a better user experience.
Bitcoin Staking: Solv allows users to stake their $BTC and earn rewards in the form of SOLV tokens. The staking process is similar to saving money in a bank, but with the potential for higher returns.
Security: Solv is built on secure and transparent blockchain technology, so users' assets are well protected.
In addition, Solv Protocol created a $SOLV Token, a token used within the Solv Protocol ecosystem. This token has various uses, such as governance, payment of transaction fees, and as an incentive for participation in the ecosystem.
Utilitas Token SOLV
Fee discounts, SOLV holders can enjoy discounts on Solv Protocol, including fees for exchanging SolvBTC tokens.
Governance, SOL Holders can vote in decisions regarding network governance.
Staking, SOLV holders can stake to get rewards
Tokenomics $SOLV
Max token supply: 9,660,000,000
Total genesis supply: 8,400,000,000
Circulating supply upon Binance listing: 1,482,600,000
Binance Megadrop: 6.09%
Community Airdrop: 7.39%
How to Get SOLV Tokens
Binance Megadrop: One easy way to get SOLV tokens is to join the Binance Megadrop
Open Binance Megadrop on Mobile
Subscribe to $BNB Locked Products and or complete web3 quests (Note: use Binance web3 MPC Wallet)
After completing the Web3 Quest, Verify on the Binance Megadrop Page
Direct Staking: When the Solv Protocol platform is fully operational, we can directly stake Bitcoin on the Solv Protocol platform.
Solv Protocol can be a very useful Dapps, because we know that the entire market capitalization in the crypto world is focused on Bitcoin (60% of the total when this article was written). The high interest of investors to invest in bitcoin will make the BTCFI ecosystem also increase its interest. Solv Protocol is present as a protocol that can bridge Bitcoin to the DeFI world with various other interesting programs.
Website: https://solv.finance/
Whitepaper: https://docs.solv.finance/
