Solv Protocol (SOSV) Launches SolvBTC.BNB...Maximizing Profits on BNB Chain with BTC Deposits

# Solv Protocol to Launch SolvBTC.BNB Yield-Bearing Bitcoin Staking Token Solv Protocol (SOLV) announced the official launch of SolvBTC.BNB on March 12 at 12:00 PM UTC. SolvBTC.BNB is a yield-bearing Bitcoin liquid staking token (LST) designed to enable Bitcoin (BTC) holders to tap into various decentralized finance (DeFi) opportunities on the BNB Chain. # What is SolvBTC.BNB? SolvBTC.BNB offers BTC holders the ability to earn BTC-based rewards and access top-notch DeFi opportunities on the BNB Chain. These include benefits from Binance Launchpool, Megadrop, and HODLer rewards. The project integrates various DeFi strategies through collaborations with Astherus, ListaDAO, Venus Protocol, KernelDAO, and PancakeSwap. # Rewards and Benefits of SolvBTC.BNB With the public release, all BTC holders can receive an APY of over 8 percent from incentives such as Binance Launchpool, Megadrop, and HODLer rewards. Additional rewards include Astherus points, Kernel points, and Solv Season 2 RP. # How SolvBTC.BNB Works SolvBTC.BNB utilizes major protocols on the BNB Chain to optimize returns: - BTC is deposited into Venus as collateral. - BNB is borrowed and converted into Lista’s slisBNB. - slisBNB is then converted into Astherus's asBNB. - asBNB is restaked on Kernel. - A portion of BTC is used in PancakeSwap liquidity pools to maximize compound effects. Through this process, BTC holders can expect higher returns. # Significance for BTC Holders SolvBTC.BNB presents a new income-generating opportunity for BTC holders. They can now leverage Binance Launchpool, which was previously accessible only to BNB holders, and maximize returns using the BNB Chain's diverse DeFi strategies. A Solv Protocol spokesperson commented, "By connecting BTC and BNB chains, we provide a solution to maximize profitability for BTC holders. We invite everyone to participate starting March 12 and make more efficient use of their BTC.”