August 23, 2024

Building A Decentralized Bitcoin Reserve for BTCFi ｜Quick Hit

26 minutes

Jing is the CoFounder of Solv Protocol.

In this episode, we explore Solv Protocol and their mission to build a decentralized Bitcoin reserve for BTCFi. Jing recounts how solvBTC became one of the fastest growing BTC derivatives this year, with over $1.3B in BTC deposited. He shares more on their grand mission to unlock liquidity for BTC holders and enable them with access to a wide array of DeFi apps, including a new BTC liquid staking token they just launched for Babylon, called SolvBTC.BBN.

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The Edge Podcast Sponsor Resources

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🧙 MERLIN CHAIN | THE RISE OF BITCOIN'S LARGEST LAYER 2

🧑‍🌾 MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS

🍵 MATCHA | THE BEST PRICE ON OVER 5 MILLION TOKENS

🐡 PUFFER FINANCE | LIQUID RESTAKING FOR THE LITTLE FISH

💰 TELLER | DEFI'S CASH ADVANCE

🌕 MOONBEAM | INTEGRATED WEB3 FOR BUILDERS AND USERS

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Timestamps

0:00 - Intro

3:58 - Jing's background

4:40 - Solv's mission

6:29 - Who's Solv building for?

8:17 - Building a Bitcoin reserve

9:38 - Is a risk-free BTC yield possible?

11:33 - Popular DeFi strategies for solvBTC

13:36 - Partnership with FBTC

14:39 - Mantle mid-roll

15:32 - How solvBTC works

17:45 - Growing to $1.3B in solvBTC

20:34 - Attracting institutional investors

21:49 - What's BTCFi?

23:52 - Closing

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🔗 Guest Links 🔗

► Solv Website: https://solv.finance/

► Solv on Twitter: https://x.com/solvprotocol

► Jing on Twitter: https://x.com/jx_solv

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If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/

All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. 4RC is invested in Solv Protocol. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.

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