Don’t miss out on the airdrop event!
🟠Project name: SOLV
🟠Project Introduction: Web3 Liquidity Infrastructure
🟠Project Type: Re-staking Ecosystem
🟠Mission Difficulty: Easy
🟠Recommendation index: 🌟🌟🌟🌟🌟
🟧Project Introduction:
Solv Protocol is a Web3 full-chain liquidity and yield infrastructure that builds a unique liquidity and yield layer for all mainstream digital assets. Simply put, it acts as a unified liquidity gateway that can find the best investment opportunities and strategies for investors, while reducing participation costs and reducing various obstacles in the DEFI process.
As of today, more than 20 protocols have been integrated, the number of staked Solv is 17,316.01, the total TVL has reached more than US$1.285 billion, and the number of users has exceeded 250,000, which is an impressive performance.
🟧Main highlights:
◾Supports multiple chain protocols, such as BNB, ARB, etc., and is still increasing
◾ Lower risk, stable returns, consisting of low-risk income-generating assets on the Solv platform
◾Good flexibility, allowing assets to be freely transferred on the chain, and a strong liquidity market
◾Excellent integration, can be seamlessly integrated with various DeFi protocols, and become a multi-functional component in user strategies
🟧Asset management structure:
Solv's architectural design is very good and is very comprehensive throughout the entire asset investment cycle, from creation and issuance to redemption and risk management.
◾Trading strategy library
The trading strategy vault itself has a security mechanism design that eliminates possible human risks at the code level. Its core design concept is to eliminate counterparty risks while ensuring the efficiency of fund operations.
◾Built-in security protection
Solv has developed a custom guard mechanism with a unique operating mechanism and tailored scope of authority based on their respective trading strategies. While protecting user assets, it also effectively prevents and controls security risks beyond multi-signatures.
◾Price Oracle
The main function of Oracle is to retrieve and calculate the net asset value of the fund. A complete Oracle is very important in ensuring price accuracy and data reliability, and provides support for seamless interoperability between the fund and the DeFi ecosystem.
◾Tokens based on liquidity strategies
Solv's strategy-based vault tokens are tokenized into liquid, transferable assets, similar to the ERC-20 standard. This design makes the DeFi ecosystem more flexible and practical, and integrates multiple protocols, with more ways to play and more revenue channels.
🟧The asset selection architecture is DAO-centric
The stability and risk-reward profile of SolvBTC, SolvETH and SolvUSD are supported by a portfolio of high-quality underlying assets, and Solv does an excellent job in this regard.
◾DAO governance model
Asset selection is the responsibility of the Solv DAO organization, which is currently supervised by the Advisory Committee and will transition to a governance model where users stake $SOLV after the Solv token launch (TGE). The strategy library implements independent trading strategies, which are all screened and determined by the DAO organization to ensure robustness and diversification.
◾Investment asset strategy
SolvBTC, SolvUSD and SolvETH will screen the market for stable investment, low-risk strategies and assets to ensure returns while minimizing and avoiding various risk issues as much as possible.
🟧Non-custodial asset management
Investors' assets are not completely hosted on the Solv platform. Instead, investors are provided with asset autonomy through smart contracts, which limit the execution scope of operations and strategies from the contract level. The advantage is that it significantly reduces risks such as malicious malicious movement of funds. If the investment strategy involves other platforms, Solv ensures the security of the OTC investment strategy by partnering with on-chain custodians such as#Ceffuand #Copper.
🟧Institutional-level risk management framework
The strategies on solv will not be in operation all the time. Once the effect fails to meet expectations and reaches the preset threshold, it will be automatically suspended. At the same time, the 24-hour automatic monitoring system can detect abnormalities in time and deal with them accordingly. The advantage of this solution is that risks can be well controlled.
🟧 Financing and Milestones
2023-08-01
Solv Protocol Completes $6 Million in Financing
2023-03-21
Solv Protocol V3 is released
2022-01-27
Solv Protocol Completes Strategic Financing, Amount Undisclosed
2021-12-01
Solv Protocol Completes $4 Million in Financing
2021-06-17
Solv Protocol is now live on Mainnet
2021-03-09
Solv Protocol Completes $1 Million Seed Round
🟧Airdrop Event:
Solv and Binance Web3 Wallet jointly launched a large-scale airdrop event to jointly accelerate the development of the BTCFi ecosystem!
▪Reward Pool:
Participants will have the opportunity to share 150,000 SOLV tokens, representing 0.15% of the total supply of Solv governance tokens.
▪Activity time:
06:00 (UTC) on June 4, 2024 to 23:59 (UTC) on June 17, 2024
The event benefits are good, I recommend everyone to participate
🟧Congge rating: 🌟🌟🌟🌟🌟
Solv Finance has introduced various asset classes and profit opportunities in the cryptocurrency space, and has gradually become an important infrastructure for connecting liquidity across DeFi, CeFi, and TradFi. The latest large-scale airdrop event held by Solv and Binance Web3 Wallet has good rewards, coupled with a luxurious investment background, and the estimated return is good. If you are interested, you can participate!
