Solv Protocol Profile picture
Pioneering A Decentralized Bitcoin Reserve with SolvBTC. Backed by @BinanceLabs, @blockchaincap
Oct 29 10 tweets 3 min read
Its Solv In Bera Week!

This week, we’re thrilled to introduce our Bera frens on @berachain! We’ll also share how we’re integrating Berachain's rich ecosystem into our Staking Abstraction Layer (SAL).

Dive in 🧵👇 Image 1/ What is Berachain?

Berachain is an EVM compatible L1 powered by a novel proof-of-liquidity (POL) concept, rewarding users who provide liquidity to the chain's native dApps.

Their goal is to allign network incentives, creating synergy between the chain's validators, users, and ecosystem projects.
Oct 28 7 tweets 2 min read
SolvBTC Joins the @VenusProtocol Core Pool!

We’re thrilled to announce that SolvBTC is officially accepted into the Venus Protocol Core Pool, a major step towards expanding our vision of a “Bitcoin Reserve for Everyone.”

Dive in 🧵👇 Image @VenusProtocol 1/ What Does This Mean for You?

With this integration, SolvBTC holders can now enjoy seamless lending and borrowing experiences on Venus, backed by one of the most secure Bitcoin yield systems in the DeFi landscape.
Oct 14 12 tweets 3 min read
Announcing $25M in total fundraising to pave the way for mass adoption of Bitcoin staking, powered by our recently launched Staking Abstraction Layer (SAL).

🧵👇 Image 1/ Current Results: A Strong Foundation for Growth

🔹 $25M Total Funding: A major milestone in our journey.
🔹 20,000 BTC Staked: Approximately $1.3 billion in Total Value Locked (TVL).
🔹 400,000 Users: Expanding our community and increasing adoption.
🔹 80% of SolvBTC Allocated to Yield-Generating Strategies: Demonstrating SolvBTC's wide usage.
Oct 8 9 tweets 2 min read
Introducing The Staking Abstraction Layer (SAL)

Today, we're thrilled to introduce SAL, a revolutionary framework designed to simplify and standardize Bitcoin staking across chains. With the help of partners like @BNBChain, @CeffuGlobal, and @Chainlink, we're paving the way for the mass adoption of Bitcoin staking.

Let’s dive in! 🧵👇Image 1/
What is SAL?

SAL is a groundbreaking framework that abstracts the complexities of Bitcoin staking, making it easy for BTC holders to access yield while maintaining liquidity and security.

It's a key step in unlocking the potential of #Bitcoin in DeFi!
Aug 13 8 tweets 3 min read
BTC + BTCB: Initial Reserve Assets for SolvBTC

SolvBTC is Solv Protocol's groundbreaking approach to creating a “Bitcoin Reserve for Everyone.”

Dive in 🧵👇Image 1/
Background

The recent shift in WBTC custody from Bitgo has sparked discussions on what should be the definitive Bitcoin standard in DeFi.

On one side, centralized options like WBTC and BTCB offer substantial liquidity and have been battle-tested.

On the other hand, decentralized bridges such as tBTC and dlcBTC, while promising, face challenges with liquidity and DeFi integration.
Oct 26, 2022 18 tweets 6 min read
Bonds are very simple #debt instruments, yet they
account for a whopping $120T market size globally and are being bridged to DeFi at a jaw-dropping speed.

A 🧵on everything you need to know about on-chain bonds and how to invest in them.

(Not Financial Advice.) Warm-up: What is a bond?

A #bond is a debt instrument that allows the issuer (borrower) to raise money from investors (lenders) willing to lend them money for a certain amount of time.