SolvBTC Launches on Avalanche
SolvBTC Launches on Avalanche
馃 BTC yield on Avalanche?
SolvBTC, powered by Solv Protocol, has launched on Avalanche, introducing a 'Bitcoin Reserve for Everyone'. This new offering aims to integrate Bitcoin into the DeFi ecosystem, allowing users to earn returns on their BTC holdings while maintaining exposure to Bitcoin's value.
Key features of SolvBTC include:
- 1:1 backing by Bitcoin assets
- Diverse reserve assets (native BTC, wrapped BTC, Bitcoin ETFs)
- Integration with liquidity markets
SolvBTC generates yield through:
1. Delta-neutral strategies 2. Market-making activities 3. Omnichain accessibility
The launch includes vault strategies using protocols like Babylon, Ethena, and GMX. By bringing SolvBTC to Avalanche, Solv Protocol aims to diversify DeFi opportunities for BTC across the network.
SolvBTC is live on Avalanche 馃敽 SolvBTC, powered by @SolvProtocol, introduces a "Bitcoin Reserve for Everyone," designed to address the diverse consensus levels among Bitcoin assets 馃憞
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