New York, NY, Sept. 11, 2024 —

Solv Protocol is launching an integrated Bitcoin staking platform, aiming to bring Bitcoin’s potential into the DeFi space. With a market cap exceeding $1.2 trillion, Bitcoin remains the most valuable digital asset, yet its DeFi potential is largely untapped. Solv seeks to change this by leading the way in Bitcoin decentralized finance (BTCFi), integrating Bitcoin into the broader staking ecosystem, and providing secure, efficient, and scalable solutions for the future of DeFi.

Unlocking Bitcoin’s Value in DeFi

Bitcoin staking represents the next step in DeFi innovation, allowing users to earn passive income while bolstering the security of the Bitcoin network. Taking cues from Ethereum, which has 28% of its market cap staked, Solv’s platform opens new avenues for Bitcoin’s role in the DeFi ecosystem. By enabling users to stake Bitcoin, Solv aims to unlock over $330 billion in potential value, reshaping the DeFi landscape.

Bitcoin staking has historically faced obstacles like fragmented infrastructure and a lack of programmable smart contracts, hindering its adoption. Solv’s platform tackles these challenges by providing a streamlined, integrated infrastructure that simplifies staking and connects Bitcoin with the wider DeFi ecosystem, making it more accessible and efficient for users.

Key Features of Solv’s Bitcoin Staking Platform

Solv’s platform prioritizes security, simplicity, and partnerships. Active Validator Services (AVS) safeguard transaction accuracy, protecting users from errors and malicious activities. The streamlined staking process allows users to easily deposit Bitcoin and start earning yields. Solv has also partnered with industry leaders like Babylon, Ethena, and GMX to foster a scalable, transparent, and collaborative environment for Bitcoin staking.

The Leading Solution for Bitcoin Staking

Solv Protocol positions its Bitcoin staking platform as the leading solution for simplifying the staking process and enhancing yield generation for users. The platform consolidates Bitcoin assets across multiple chains, offering users easy access to staking through a unified system. By structuring the staking process into four distinct roles, Solv ensures a robust and seamless experience:

1. LST Issuers: Entities responsible for issuing LSTs, bridging users and staking protocols. Solv leads as the largest Bitcoin LST issuer.

2. Staking Protocols: Platforms like Babylon, CoreDao, and GMX handle Bitcoin deposits and generate rewards through network staking and strategic operations.

3. Staking Validators: Trusted validators such as Ceffu, Cobo, and Solv Guard ensure the accuracy and security of the staking process.

4. Yield Distributors: Organizations like Pendle, Gauntlet, and Babylon efficiently distribute staking rewards to users.

By integrating these roles, Solv enhances both the security and liquidity of Bitcoin staking, simplifying the process and unlocking the full potential of Bitcoin in DeFi.

Expanding Yield Opportunities for Bitcoin Stakers

Solv offers a variety of Liquid Staking Tokens (LSTs) that provide users with diverse yield opportunities. These LSTs offer strategies that range from cross-chain functionality to high-yield arbitrage opportunities, allowing users to maximize their returns:

SolvBTC.BBN: A leader in Babylon’s LST sector, with cross-chain functionality and strong yield opportunities.

SolvBTC.ENA: Developed with Ethena, this LST provides high yields via arbitrage strategies while maintaining Bitcoin exposure.

SolvBTC.CORE (Upcoming): A yield-bearing asset rooted in PoS networks, delivering stable returns while enhancing network security.

SolvBTC.CASH (Upcoming): An institutional-grade asset offering fixed-income returns through options arbitrage.

Leading the Future of BTCFi

With over 20,000 BTC staked and 200,000 holders, Solv has established itself as the leading integrated Bitcoin staking platform. By building trust, fostering liquidity, and offering diverse yield strategies, Solv’s Bitcoin staking platform is poised to drive Bitcoin’s evolution within DeFi. As the ecosystem matures, Solv will continue to unlock Bitcoin’s full potential, shaping the future of BTCFi.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining can be risky. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

CONTACT: Ethean Yu
Solv
ethean (at) solv.finance