BTCfi is about to get even more exciting! Solv Protocol, an omnichain yield and liquidity infrastructure, is bringing SolvBTC to the Core Chain, opening up a world of new opportunities for all. This integration is another step towards unlocking Bitcoin DeFi and it will change the way you interact with these assets, offering unmatched rewards and utilities. Here's everything you need to know about this new development and how to make the most of it.
SolvBTC is the groundbreaking asset at the heart of Solv Protocol's offerings, serving as the one-stop-shop for the best Bitcoin yields. Through strategic partnerships with industry leaders like Ethena and over a dozen thriving ecosystems, SolvBTC grants users access to a diverse array of yield-generating opportunities within the DeFi landscape. It has already emerged as one of the most widely recognized Bitcoin assets, with over 15,000 Bitcoin currently staked on the Solv Protocol.
SolvBTC.b represents SolvBTC tokens minted on the BNB Chain and subsequently bridged out to other blockchain ecosystems.
The process is simple and packed with benefits. Here’s how you can dive into this exciting opportunity:
Bridge SolvBTC.b to Core Chain: Use Free Tunnel / Free Express bridge, bridges developed by Meson to transfer your SolvBTC.b to Core Chain. This ensures that your SolvBTC.b is ready to be used in the Core Chain ecosystem.
Here are some examples of how you can interact with SolvBTC.b on Core Chain across multiple dApps:
This integration of SolvBTC into Core Chain presents a fantastic opportunity for DeFi enthusiasts to unlock new utilities and maximize their assets’ potential. Stay tuned for more updates and get ready to elevate your DeFi experience with Core Chain and SolvBTC.
Core is a Bitcoin-powered blockchain unlocking EMV-Compatible BTCfi beginning with the first ever implementation of Non-Custodial BTC Staking and the world’s first yield bearing BTC ETP. Core is the most Bitcoin-aligned EVM blockchain with ~55% of Bitcoin mining hash power contributing to the network’s security and over 4,800 BTC natively staked in exchange for unlocking Bitcoin utility and rewards. This breakthrough has amassed millions of Core adopters - over 19M unique addresses and 260M transactions since its mainnet launch in January 2023.
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