Solv Protocol Pledges to Cover User Losses After Twitter Hack

**Solv Protocol** has launched a major reward campaign during the **BNB DeFi Festival**, offering **$600K in total rewards** in partnership with BounceBit. **Key Details:** - Half of the rewards distributed in **$SOLV tokens** - $SOLV governs the largest on-chain BTC treasury - Campaign focuses on **BTC-denominated yield** opportunities **Recent Expansion:** - Solv recently launched on **Solana** with up to **13% APY** - Supports multiple BTC variants: $SolvBTC, $cbBTC, $zBTC, $xBTC, $WBTC - Currently holds **12,755 BTC** across 9 vaults The protocol continues expanding across ecosystems including Solana, Canton Network, and Starknet, positioning itself as the leading platform for Bitcoin yield generation.

Community analysts delivered insights on **BTC-denominated yield** and tokenized financial products this week. Key highlights include: - **KongBTC's** trillion-dollar thesis on BTC yield products - **Naveed's** Solv protocol breakdown by numbers - **Oleribe's** explanation of on-chain BTC treasury operations - **Godson's** tokenized assets future analysis - **Blackbeard's** Q4 Solv revenue forecast Analysts covered **Solvlana integration**, market composure during volatility, and growth prospects for the leading BTCFi protocol. **Warhol** provided breakdown of Solv catalysts, summarizing the week's developments in six key points.

**Solv Protocol has launched as a Hybrid Node on BOB**, the Bitcoin layer-2 network focused on DeFi applications. The integration combines: - Solv's position as the largest on-chain Bitcoin reserve - BOB's gateway to Bitcoin DeFi infrastructure - Yield generation opportunities for BTC holders Users can now **delegate BOB tokens** to Solv's node through the official BOB platform at [app.gobob.xyz](https://app.gobob.xyz/hybrid-nodes/solv-protocol). This partnership enables Bitcoin holders to access DeFi yields while maintaining exposure to BTC-denominated returns. The move expands Solv's multi-chain presence, which already includes over 1,000 SolvBTC staked on Starknet. *Ready to earn yields on your Bitcoin holdings through this new integration?*

**SolvBTC assets are now bridging across multiple blockchains** through Interport's infrastructure, secured by Chainlink's Cross-Chain Interoperability Protocol (CCIP). **Key developments:** - Cross-chain liquidity flow for Bitcoin-denominated assets - Enhanced security through Chainlink CCIP verification - Multi-chain yield optimization capabilities This integration allows SolvBTC holders to **access yields across different blockchain networks** while maintaining security standards. The "be water" philosophy reflects the fluid movement of assets between chains. **Technical infrastructure:** - Interport handles the bridging mechanics - Chainlink CCIP provides cross-chain security - Focus on Bitcoin-denominated yield opportunities The move expands SolvBTC's utility beyond single-chain limitations, enabling users to **capture opportunities wherever they emerge** in the multi-chain ecosystem.

**Solv Protocol is expanding its on-chain Bitcoin Reserve** to include institutional-grade Real World Assets (RWA), creating BTC-backed yield opportunities. **Key developments:** - Integration of institutional RWA into BTC yield composition - Partnership with BNB Chain's DeFi Festival offering $300K rewards - Daily rewards of approximately $6.7K for BTCB stakers - Simplified yield earning through Binance Wallet integration **The expansion allows users to:** - Stake BTCB tokens to receive BTC+ - Access diversified BTC-denominated yields - Participate in institutional-grade asset backing This move positions Solv as a major player in **Bitcoin-backed DeFi**, combining traditional institutional assets with cryptocurrency yields for enhanced returns.