Solv Protocol and Binance Web3 Wallet launch joint marketing campaign to unlock Bitcoin’s DeFi potential

June 06, 2024 05:10 AM PDT | By Invezz

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Solv Protocol and Binance Web3 Wallet launch joint marketing campaign to unlock Bitcoin’s DeFi potential — Image source: Invezz

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New York, City, June 6th, 2024, Chainwire

Solv Protocol, the pioneering DeFi platform spearheading the development of an omni-chain liquidity and yield infrastructure, and Binance Web3 Wallet, the top-tier cryptocurrency wallet, have joined forces to unveil an exciting collaborative marketing campaign, aimed at catalyzing the explosive growth of the BTCFi.

Participants will be eligible to earn a share of 150,000 SOLV tokens, representing 0.15% of the Solv’s governance token supply.

Solv Protocol stands as the vanguard of the BTCFi narrative, revolutionizing how Bitcoin is leveraged within the DeFi landscape. At the heart of Solv’s offering lies SolvBTC, a groundbreaking asset that serves as the one-stop-shop for the best Bitcoin yields. Through strategic partnerships with industry leaders like Babylon and Ethena, Solv grants users access to a diverse array of yield-generating opportunities. Simultaneously, it also serves as the key to BTCFi on every major chain. By efficiently channeling Bitcoin liquidity to over a dozen thriving ecosystems, SolvBTC has already emerged as one of the most widely recognized Bitcoin assets. Over 15,000 Bitcoin are currently staked on Solv.

Binance Web3 Wallet, developed by the renowned Binance ecosystem, offers a secure, convenient, and user-friendly platform for managing cryptocurrencies. Leveraging its seamless integration with the world’s largest cryptocurrency exchange, Binance, and the vibrant BNB Chain ecosystem, Binance Web3 Wallet stands as the most efficient gateway for Bitcoin assets to enter the DeFi landscape, enabling Bitcoin users to seamlessly interact with a plethora of DeFi services.

This collaborative campaign between Solv Protocol and Binance Web3 Wallet represents a significant milestone in the evolution of the BTCFi ecosystem. It lays the foundation for fostering a thriving community dedicated to BTCFi, and serves as the cornerstone for unleashing the enormous potential of Bitcoin, worth trillions of dollars, within the DeFi landscape, ushering in a new era of innovation and opportunity.

About Solv

Solv Protocol is backed by strong investors, including Binance Labs, Blockchain Capital, Laser Digital, and other renowned firms. The protocol has also undergone extensive security audits by leading firms such as Quanstamp, Certik, SlowMist, Salus, and Secbit.

For more information about Solv Protocol and its products, please visit the official website at solv.finance.

Contact

Ethean Yu
[email protected]

The post Solv Protocol and Binance Web3 Wallet launch joint marketing campaign to unlock Bitcoin’s DeFi potential appeared first on Invezz

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