SOLVBTC (SolvBTC) — quick definition
- SolvBTC is a Bitcoin‑backed liquid staking / reserve token created by Solv Protocol that lets BTC holders earn yield and use their Bitcoin in DeFi without selling it.
- SolvBTC is intended to be backed 1:1 by BTC (or wrapped BTC) held in custody/reserves.
How SolvBTC works
- Deposit BTC (or wrapped BTC) into Solv Protocol.
- The protocol mints SolvBTC at a 1:1 ratio to the deposited BTC.
- SolvBTC can then be used across multiple chains in DeFi (lending, liquidity provision, etc.).
Why people use it
- Earn BTC‑denominated yield via vaults/staking strategies while keeping Bitcoin price exposure.
- “Activate” BTC for use as collateral/liquidity in DeFi rather than leaving it idle.
Related variants
- SolvBTC.BBN is a market-traded SolvBTC pair/representation seen on crypto price tickers.
- SolvBTC.CORE is a SolvBTC variant designed to earn CORE staking rewards on the Core Network while staying liquid.
Key risks
- Smart contract and cross‑chain/bridge risks where SolvBTC is deployed and moved.
- Custody/reserve and peg risk: 1:1 backing depends on secure reserve management and transparency/audits.
Has anyone here used SolvBTC before? Cwallet (Cwallet.com) just listed it on their platform.
If you have, what was your experience?
SolvBTC is one of the small wrapped bitcoin projects. Said wallet is also little known to me.
Overall we did some research on bitcoin tokens,
https://satsbridge.docsend.com/view/etzu5mxycr9rhuz4
Good summary. What I miss from it is the counterparty incentive. How does the people behind SolvBTC make money?
And, for the record - this is a trust-me-bro shitcoin you buy with bitcoin.
Not at all, you don't understand how staking and liquidity pools work do you? Your ignorance doesn't make you smart bro..
It's fucking Bitcoin you clown. Get a clue. Or are you so mentally handicapped you can't even read?
You cannot fool Darth. Your brain rot shitcoiner trying to fool others with crap shitzoinization.
Please do us a favor and die already. You're truly the only reason I hope BTC does eventually go to 0 so you go broke.
See I am right, you are a liar, shitcoiner, brain rot idiot.
#1407336
Only reason. Which means I don't hope that it does. But you're the only reason I hope it does because I'd love to see you go broke. Your reading comprehension skills are truly piss poor. You been studying at Trump U?