Solv Protocol has launched its full-chain income Bitcoin asset SolvBTC on Arbitrum, Merlin Chain, and BNB Chain. Yesterday, the Bitcoin collateral on the Solv platform exceeded 10,000 coins, with over 90,000 participating users and a total locked value (TVL) exceeding $710 million, making it the 36th-ranked DeFi protocol in terms of TVL. Solv Protocol's investors include well-known institutions such as Binance Labs, Blockchain Capital, and Nomura Securities. In addition, Solv is conducting a double points week activity on the BNB Chain, providing users with additional point rewards.

Solv Protocol, a full-chain basic income agreement, announced on X platform that more than 3,500 BTC were pledged and TVL exceeded 320 million US dollars.

On April 7th, at the Hong Kong Web3 event co-hosted by Solv and Merlin, the two announced a partnership aimed at making SolvBTC an important entry point for Merlin Chain PoS staking. This collaboration is committed to providing users with secure and efficient staking services, further promoting the decentralization and security of the Merlin network. According to the latest data, 2000 M-BTC have already participated in staking for SolvBTC. Currently, the Solv Protocol's Bitcoin asset management volume has exceeded 2750 BTC, and the total TVL has exceeded $260 million.

Solv, a decentralized asset management protocol, launched a new points system aimed at incentivizing user participation in its ecosystem. In the first phase, users can earn base experience points (XP) by depositing funds into Solv Vault, with the amount of XP earned increasing based on the amount and length of time the funds are held. Additionally, users can earn extra XP equivalent to 10% of the base XP of their invited users. Users can also earn XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to redeem Solv token airdrops and have the chance to participate in more BTC-Fi ecosystem airdrop activities. It is worth noting that Solv BTC purchased on the secondary market will not generate any XP.

Solv Protocol launches SolvBTC, a full-chain income Bitcoin asset. The asset was first launched on Ethereum, Arbitrum, BNB Chain, and Merlin Chain, with plans to further expand to other blockchain networks. Solv Protocol brings high-quality basic income assets to a decentralized asset management architecture. SolvBTC provides stable, low-risk income sources for Bitcoin holders and integrates with various high-quality DeFi protocols to provide users with rich income opportunities. At the same time, SolvBTC will also serve as an important asset for the liquidity distribution layer of various ecological networks, committed to building a cross-chain, inclusive, and efficient BTCFi ecosystem. The Solv Point System will also be launched soon.

Web3 liquidity infrastructure Solv Protocol announced the launch of WETH Mantle leveraged staking service on X platform.

On January 12th, at the first SFT Innovation Forum, the founder of zCloak Network and the co-founder of Solv Protocol jointly announced that they have officially become strategic partners for the DESFT project.It is reported that DESFT was jointly designed and incubated by zCloak and Solv. It was unveiled at the Singapore Fintech Festival in November last year. The project is supported by the Monetary Authority of Singapore and the Bank of Ghana. It aims to help small and medium-sized enterprises in developing countries participate in international trade through enterprise digital identity, digital certificates, and ERC3525 technology, and to obtain fair, accurate, and affordable financial services in cross-border digital economic activities.Through deep cooperation in the DESFT project, both parties unanimously believe that zCloak's zero-knowledge proof, digital identity technology, and Solv Protocol's ERC-3525 standard have very good complementarity and strong innovation space in practical application development. In order to better explore the road of real-world asset tokenization, the two parties have officially established a business strategic partnership to jointly expand future technology cooperation and business landing scenarios.