Solv Protocol Integrates with Morpho: Elevating SolvBTC as a Blue-Chip Collateral Asset

Solv Protocol Team
3 min readNov 8, 2024

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We’re thrilled to announce Solv Protocol’s integration with Morpho, a premier permissionless lending protocol that empowers users to harness the full potential of their SolvBTC assets. This integration not only enhances Solv Protocol’s offerings but also establishes SolvBTC as a blue-chip collateral asset within the decentralized finance (DeFi) landscape.

A Foundation Built on Curated Vaults

This integration is grounded in the expertise of curated vaults that each bring unique strengths to the table. Gauntlet-curated vaults, known for their strong risk management and robust curation methodologies, provide a stable foundation for our users. Meanwhile, Relend’s vaults play a vital role in addressing liquidity fragmentation across Layer 2 (L2) solutions, facilitating more flexible and efficient capital flows through fractional banking. Together, these curated vaults — Gauntlet’s USDC Core Vault, cbBTC Core Vault, and WBTC Core Vault, as well as Relend’s cbBTC Vault — directly support SolvBTC markets, creating an environment designed to optimize both risk and returns for various DeFi strategies.

  1. Gauntlet USDC Core Vault
    Collateralize your SolvBTC to borrow USDC, unlocking stablecoin liquidity for diverse DeFi strategies.
  2. Gauntlet cbBTC & WBTC Core Vaults
    Use SolvBTC.BBN PT as collateral to borrow cbBTC or WBTC, enabling efficient looping strategies within Bitcoin markets.
  3. Relend cbBTC Vault
    Use SolvBTC.BBN PT as collateral to borrow cbBTC, enabling efficient looping strategies for Bitcoin assets.

Unlocking Yield Opportunities

These curated vaults unlock more than just borrowing capabilities — they open the door to new yield opportunities. Solv Protocol’s integration with Morpho allows our community to not only leverage their SolvBTC assets but also earn rewards while doing so.

Are you looking to participate in leveraged trading, secure liquidity with stablecoins, or earn passive income? Now, you can engage in a wide range of strategies tailored to your DeFi goals. By supporting various collateral options, this integration promotes sustainable market dynamics and empowers SolvBTC holders to make the most of their assets.

Getting Started: Your First Steps into SolvBTC Vaults

Ready to dive in? Here’s how to start:

  1. Mint SolvBTC: Begin by visiting Solv Protocol to mint SolvBTC and put your assets to work.
  2. Leverage Morpho Vaults: Head over to Morpho to access the new vaults, using your SolvBTC as collateral to unlock liquidity.
  3. Maximize Rewards: Actively engage with the vaults to earn exclusive incentives, boosting your yield even further.

Looking Ahead

This integration with Morpho is only the first of many steps we’re taking to expand the reach of SolvBTC. As we look ahead, we’re excited to explore new partnerships, expand our vault selection with curators like MEV Capital, and introduce even more opportunities for Bitcoin holders to thrive in DeFi.

The future of Bitcoin in DeFi is here, and SolvBTC is leading the charge. Stay connected with us for updates on new vault offerings and additional features designed to bring you the best of BTC in DeFi.

For more information on our integration with Morpho and the new vaults, please follow our updates on Twitter and check our official website.

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Solv Protocol Team
Solv Protocol Team

Written by Solv Protocol Team

Leading Bitcoin Staking Platform. Backed by Binance Labs, Blockchain Capital

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