Home CryptocurrencySOLV Protocol launched BTC+ Vault to produce yield on domnt bitcoin

SOLV Protocol launched BTC+ Vault to produce yield on domnt bitcoin

by Hammad khalil
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Bitcoin-centered staging platform Solv Protocol has launched a structured yield yield vault for instant investors, which targets more than $ 1 trillion in BTC, which are currently sitting idle and not assembled interest.

The new BTC+ of Solav is designed as a bitcoin (BTC), which deploys the Walt Agigeting and Capital Attack Varial Yield Strategies, which is spread over the decentralized finance (DEFI), Central Finance (CEFI) traditional finance markets, Solav announced on Thursday.

These strategies include protocol staging, base arbitration and yield from actual water assets from tokens, including Blacrock’s Buddha Fund.

According to the vault company, onchain integrates the proof-off-revolution of the channel for verification. It also includes drawdown safety measures based on Net Asset Value (NAV) – a risk management feature that is commonly used by limited partners in private equity investment.

Solav stated that BTC+ operates using a “dual-layer architecture”, which separates detention from the yield-edged strategies, connecting another layer of security.

Solav’s co-founder Ryan Chow said, “Bitcoin is one of the most powerful forms of the world’s collateral, but its yielding capacity has decreased.” The total value in the protocol is more than $ 2 billion in the lock (TVL) onchain, the defilage units data.

SOLV protocol tvl. Source: Defilama

Solva is not only the only company to target Bitcoin Yield Market. In April, the Crypto Exchange Cionbase launched a dedicated bitcoin produce for the institute for the institute outside the US, offering a retiring of up to 8% through a can-end-carry strategy. The company said that the purpose of the offer is “to address the growing institutional demand for bitcoin yield”.

Meanwhile, Crypto Investment firm XBTO has offered a bitcoin yield product with Arab Ban Switzerland, which generates returns by selling BTC options to collect BTC options. The fund is targeting an annual return of about 5%.

Connected: Solva brings RWA-supported bitcoin yield for avalanche blockchain

Bitcoin financially accelerates because it has a major institutional property

While the early crypto adopts have long averted bitcoin as a better form of their deficiency, portability, and bear-asset properties-it uses a physical asset that has recently limited limited, when institutional interests began to increase.

Following the approval of users of Spot Bitcoin Exchange-Treded Funds (ETFs) and Exchange Commission (SEC) in January 2024, Bitcoin has integrated out of the most demanded alternative alternative investments among institutional investors.

Since the ETF approval, the price of bitcoin exceeded 156%, extending its market capitalization to about $ 2.5 trillion. This dramatic app, which is combined with institutional institutional adoption, is committed to JP Morgan to consider as a debt collateral according to Bitcoin ETF.

The tendency of financialization has also reached federal regulators. As the coinlagraph reported, the US Federal Housing Agency Recently directed Fanny Maei and Freddy Mac how to integrate bitcoin and other crypto assets at risk. For home loan.

The innings was estimated at the end of last year, when coinser analyst Saater Patel predicted that yield generation would be a priority as instant bitcoin holdings increased.

On the Corporate Front, the Business Intelligence Company and the Prolish Bitcoin Holder Strategy have an ownership “BTC Yield” metric, which contributes to the bitcoin treasury strategy shareholder price.

Crypto Mining Company Mara Holdings has also preferred bitcoin yields, rejecting the amount of BTC allocated to two Primes to Investment Advisor.

https://www.youtube.com/watch?v=0bx9alzw1ui

Connected: Despite the record high, S&P is below in terms of 500 bitcoins