Novel asset by Solv is backed by delta-neutral liquidity management strategies on GMX, Curve and Aave Finance
The launch of SolvBTC on major EVM-compatible blockchains is a remarkable milestone for the Bitcoin ecosystem and Web3 as such. It unlocks attractive investing opportunities for holders of idle BTC in on-chain wallets.has announced the release of SolvBTC, the first yield-bearing BTC token for the omnichain landscape. Backed by a diverse delta-neutral portfolio, SolvBTC can provide BTC-based yields of 5-10%.
Developed to address the challenges of billions of dollars in BTC lying idle, SolvBTC provides an incentive for Bitcoiners to participate in DeFi and access its yield generating opportunities.
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