Bitcoin holders now have a new way to earn passive income—with real-world assets (RWAs) backing their yields. Solv Protocol, a Bitcoin staking platform, has unveiled SolvBTC.AVAX, a yield-generating Bitcoin token built on Avalanche’s blockchain.
Key Highlights of SolvBTC.AVAX
- Institutional Backing: Supported by BlackRock and Hamilton Lane, with over $4 billion in assets involved.
- RWA-Powered Yield: Uses deUSD, a stablecoin backed by U.S. Treasuries and private credit, to generate returns.
- Triple-Layer Rewards: Holders earn BTC yield, AVAX tokens, and incentive points for extra benefits.
- Automated Process: Solv handles minting, borrowing, and rewards distribution, while Avalanche provides fast, low-cost infrastructure.
How It Works
- BlackRock & Hamilton Lane supply U.S. Treasuries to Elixir, a DeFi liquidity protocol.
- These assets back deUSD, which is then used on Euler Protocol to amplify RWA exposure.
- Re7 Labs manages risk, while LFJ and Balancer optimize liquidity pools for swap fees and AVAX rewards.
Ryan Chow, Solv Protocol’s founder, calls this “a bridge between Bitcoin and traditional finance”—not just another yield product.
Why This Matters
With BlackRock’s BUIDL fund already entering DeFi (via Euler Labs), institutional-grade RWAs are becoming a major force in crypto. SolvBTC.AVAX could attract more Bitcoin holders into DeFi, combining security, yield, and institutional trust.
Coming Soon: Expect more integrations as Solv and Avalanche push Bitcoin-based financial products further into mainstream adoption.
