SolvBTC Joins Venus Protocol Core Pool: Unlocking New Opportunities for Bitcoin Holders

Solv Protocol Team
2 min readOct 26, 2024

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We’re thrilled to announce that SolvBTC has been officially accepted into the Venus Protocol Core Pool, marking another major milestone in expanding the “Bitcoin Reserve for Everyone.”

What Does This Mean for SolvBTC Users?

With SolvBTC now integrated into Venus Protocol, users can enjoy a seamless experience of lending and borrowing, backed by one of the most secure Bitcoin yield systems available today. By adding SolvBTC to Venus’ Core Pool, we’re enabling SolvBTC holders to unlock additional value by leveraging their assets as collateral within the decentralized money market on the BNB Chain.

Key Benefits:

  • Lend and Borrow: SolvBTC holders can now lend their tokens to earn interest or borrow against their SolvBTC, unlocking liquidity without selling their assets.
  • Collateralized Loans: Access a wide range of assets by using your SolvBTC as collateral within the Venus ecosystem, all while maintaining exposure to Bitcoin’s long-term value.
  • Efficient and Low-Cost Transactions: Benefit from Venus’ high-speed, low-fee network, offering an optimized user experience.

Why Venus Protocol?

Venus Protocol is one of the largest decentralized money markets on the BNB Chain, with over 10,000 BTCB held as collateral across its pools. This integration allows SolvBTC holders to access the same reliable, secure infrastructure trusted by thousands of Bitcoin users on Venus, unlocking greater liquidity and yield potential for the entire ecosystem.

Building Trust and Value & Looking Ahead

This integration marks a significant step forward in enhancing the utility of SolvBTC across multiple DeFi ecosystems. By collaborating with a respected platform like Venus Protocol, we are not only increasing the visibility of SolvBTC but also instilling confidence in its position as a premium Bitcoin asset.

As we move forward, SolvBTC aims to cultivate a robust network of opportunities for Bitcoin holders, providing innovative ways to leverage their assets while contributing to the growth of the DeFi space. With SolvBTC now part of the Venus ecosystem, we are excited to witness the broader adoption and appreciation of Bitcoin’s value through new yield opportunities and liquidity across chains.

Stay tuned for more updates as we continue to expand SolvBTC’s capabilities and bring innovative solutions to the community!

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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