Solv Protocol x Movement Labs: Bringing Bitcoin to the Move Ecosystem

At Solv Protocol, we’re on a mission to unlock the full potential of Bitcoin by bridging the worlds of TradFi, CeFi, and DeFi. Today, we’re thrilled to announce a groundbreaking collaboration with Movement Labs, a pioneer in the Move-based blockchain ecosystem. Together, we’re bringing Bitcoin to the Movement Network, creating new opportunities for Bitcoin holders and developers alike.

This partnership marks a significant step forward in our vision to make Bitcoin the cornerstone of decentralized finance.

Why Movement Labs?

Movement Labs is building a network of Move-based blockchains, designed to provide the highest possible throughput, instant finality, and modular customizations. Their flagship product, the Movement Network, is a community-first blockchain that leverages the Move programming language — a secure and efficient language originally developed by Facebook for smart contracts.

Movement’s Cornucopia Era I

As part of our collaboration with Movement Labs, SolvBTC will play a key role in their Cornucopia Era I campaign — a groundbreaking initiative designed to bootstrap liquidity and reward early participants in the Movement ecosystem.

What is Cornucopia Era I?

• 4 Major Vaults: The campaign will feature 4 major vaults, each composed of sub-vaults.
• 8-Week Lockup: Assets will be locked for 8 weeks, with a guaranteed yield in MOVE tokens.
• dApp Partnerships: Asset issuers (like Solv) will choose their preferred dApp partners to deploy liquidity on the Movement Mainnet.
• First-Mover Advantage: The first vaults will offer the highest returns, rewarding early participants.

SolvBTC Vault Details

SolvBTC will be integrated into the Cornucopia Era I campaign through Concrete, one of Movement’s trusted vault creators. Here’s how the SolvBTC vaults will be structured:

• DEX Liquidity Vaults
• Vault 1: 13.5% APY (WBTC and SolvBTC)
• Vault 2: 10% APY (WBTC and SolvBTC)
• Lending Liquidity Vault
• Vault 1: 7% APY (SolvBTC)

These vaults will provide users with attractive yields while contributing to the growth of the Movement ecosystem.

The Future of Bitcoin Finance

This collaboration with Movement Labs is a major milestone in our journey to revolutionize Bitcoin finance. By combining Solv’s expertise in Bitcoin-native financial products with Movement’s cutting-edge technology, we’re creating a powerful ecosystem that unlocks Bitcoin’s full potential.

We believe that Bitcoin is the future of finance, and this partnership brings us one step closer to realizing that vision. Together, we’re building a decentralized, scalable, and secure infrastructure that empowers Bitcoin holders and developers to thrive in the DeFi ecosystem.

Join Us on This Journey

We’re just getting started. As we integrate Bitcoin into the Movement Network, we’ll be sharing more updates, product launches, and opportunities for the community to get involved. Stay tuned for what’s next!

If you’re as excited about this collaboration as we are, follow us on Twitter and join our Discord to be part of the conversation. Together, we’re shaping the future of Bitcoin finance.