It is reasonable to see @SolvProtocol has a new positioning as a decentralized Bitcoin reserve center. At first glance, it feels grand and epic. If you don’t understand, you can understand it from the following three perspectives:

1) It wants to build a unified liquidity consensus network for various chains, dApps and TradFI, and provide a set of BTC asset dispatching centers with cross-chain interoperability, transparency and security based on refined smart contract management technology.

This is the current situation where BTC assets are too decentralized in various heterogeneous chains, so that BTC Yield has not been able to gather energy. Solv Protocol aims to become this unified asset dispatching layer to further release the potential of BTCFi.

2) Solv Protocol’s fund reserves have grown rapidly in the past few months. SolvBTC has exceeded 19,000 BTC, which has exceeded the holdings of public chains such as Arbitrum and Avalanche and several BTC ETFs. Among them, the BTC on BNBChain alone has exceeded 10,000, which is a rapid increase. The overall Solv protocol reserve funds are still growing.

Why is it growing so fast? I have previously discussed that compared with traditional web2 asset management platforms, Solv is a digital asset management platform that is closest to the web3 native environment, and compared with pure web3 liquidity asset aggregation platforms, Solv is a more friendly platform in terms of compliance, RWA, etc. Therefore, in the context of BTC, ETH and other assets being included in ETFs, Solv Protocol will get a huge growth buff bonus.

3) Solv Protocol currently includes SolvBTC, SolvBTC.BBN, SolvBTC.ENA, etc., which have been widely used and circulated in the top ecosystems such as BTC, ETH, BNBChain, Arbitrum, Linea, etc., becoming a strong barrier for Solv's further expansion in the future.

For example, SolvBTV.BBN is a liquidity asset aimed at preparing for the launch of the Babylon mainnet. Babylon's positioning as a shared security layer of the Bitcoin ecosystem is well known. If we compare the weight and proportion of Eigenlayer's asset lock-up in the Ethereum ecosystem (over 13B), the future market potential of SolvBTV.BBN, which is deeply bound to Babylon, is also worth looking forward to.