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Cryptocurrency News Articles

Solv, Avalanche, and a Consortium of DeFi Protocols Have Launched SolvBTC.AVAX

May 17, 2025 at 06:30 am

In a landmark step for bitcoin finance, Solv Protocol, Avalanche, Elixir, Euler, LFJ, and Balancer have launched SolvBTC.AVAX, the first modular BTC yield

Solv, Avalanche, and a Consortium of DeFi Protocols Have Launched SolvBTC.AVAX

Solv Protocol, Avalanche, Elixir, Euler, LFJ, and Balancer have come together to launch SolvBTC.AVAX, the industry’s first modular BTC yield vault backed by real-world assets (RWAs).

As explained in an official announcement, the new product is designed to unlock yield from tokenized U.S. Treasuries and private credit, ultimately transforming idle bitcoin into a productive, yield-bearing asset.

This launch follows closely on the heels of a $1.3 trillion initiative to generate RWA-based returns for bitcoin holders.

A recent thread on Solv’s X handle highlighted that SolvBTC.AVAX will capitalize on this initiative by routing BTC.b or SolvBTC into a single, yield-accruing token.

This token will offer triple rewards: AVAX incentives, Elixir Potion Points, and Solv protocol’s vault participation program.

Moreover, the BTC yield vault will be backed by more than $4 billion in institutional assets and draw from an integrated protocol stack. Solv will automate yield strategies, while Avalanche will provide a high-speed execution layer.

Furthermore, Elixir will be used to mint RWA-backed deUSD, Euler will be utilized to boost exposure via lending loops, and LFJ/Balancer will compound returns through liquidity farming.

This launch marks more than just the addition of a new vault; it signals a broader shift in bitcoin finance. Instead of remaining a passive store of value, bitcoin will be used to create a dynamic, yield-generating tool that is aligned with global macro trends.

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Other articles published on May 17, 2025