Introducing SolvBTC LP Vault — BSC: Unlock More Yield and Points

Solv Protocol Team
2 min readMay 5, 2024

SolvBTC LP Vault — BSC is LIVE: https://app.solv.finance/fund/open-fund/detail/110

You can easily invest in this vault using BTCB and earn yields. This vault aims to provide BTCB holders with a stable market-making yield while enhancing liquidity for SolvBTC on the Binance Smart Chain (BNB Chain). By facilitating liquidity, it strengthens SolvBTC’s role as the primary liquidity layer, enabling users to access various yield opportunities within the BNB Chain’s BTC-driven DeFi ecosystem.

Understand its Strategy and Yield

The funds will be allocated to provide liquidity for the BTCB-SolvBTC trading pair on DEXs of the BNB Chain, such as PancakeSwap (with the possibility of adding other DEX platforms in the future). The market-making range is set between 1 SolvBTC = 0.96 to 1 BTCB. Yield generation primarily arises from market-making activities, with an expected return ranging from 5% to 10%.

Investing in this vault enables participants to earn 10XP/$1 per day in our Solv Points System. (This incentive coefficient will continue until the redemption becomes available, with the possibility of adjustments thereafter.)

Redemption Policy

Redemption of funds will not be available until July, after the opening of SolvBTC’s redemption. Redemption requests will be processed on the 15th and 30th of each month thereafter.

Subscription Limit

The fund will be initially capped at 30 BTCB, with the potential for further increases in the future.

About Solv

Solv protocol is a unified liquidity and yield layer. SolvBTC creates a single ticker for all wrapped BTC, promoting an inclusive and efficient BTCFi ecosystem. Solv is backed by notable investors, including Binance Labs, Blockchain Capital, Jump, and Nomura.

TwitterDiscordLinkedInTelegram

--

--

Solv Protocol Team

Decentralized Asset Management. Diverse Assets. Savvy Strategies. Optimal Risk Management.