SOLV Protocol, which offers financial services to Bitcoin (BTC) holders, advertised BTC+, an automated vault to generate returns on spot market holdings.
The new product is tapping several crypto sub-sectors and strategies, including basic arbitrage, defi-credit markets, protocol stitching and tokenized assets in the real world to offer a one-stop-yield-operating store for BTC holders.
The introduction emphasizes the growing demand for dividends among BTC holders, which can eventually result in fixed income-like appeal to Bitcoin, which complements the digital gold status assigned by some devoted.
According to SOLV, as Defillama Data Shows has 17,480 BTC worth over $ 2 billion, locked on its platform, more than $ 1 trillion sits in BTC idle as institutions invest billions in spot exchange traded funds. Time is ripe, it says, for BTC to become more of a yielding instrument.
“Bitcoin is one of the world’s most powerful forms of security, but its yield potential has remained under -utilized,” said Ryan Chow, co -founder of Solv Protocol in a statement. “It is a product born from institutional funding, matured in defi and accessible to anyone who thinks Bitcoin should do more than sit inactive.”
Vault automates yield generation and relieves holders of the need to manually choose investment strategies. It offers a basic return of 4.5% to 5.5%, according to a release shared with Coindesk.
Vault uses a double-layer architecture that separates custody from execution, integrates chainlink’s proof-of-reserves for real-time verification and has NAV-based Drawdown protection measures with inherent risk segmentation. It also offers a Shariah-compatible variant.
SOLV acts as both a stacking protocol and a structured yield platform with its own on-chain BTC Reserve. The protocol is supported by Binance Labs, Blockchain Capital, Laser Digital and OKX Ventures.
