Mars Finance reports that Solv Protocol has launched its yield-bearing Bitcoin token SolvBTC.AVAX on the Avalanche blockchain. SolvBTC.AVAX aims to provide returns for Bitcoin holders by investing in tokenized real-world assets (RWA). These RWA include U.S. Treasury bonds and private credit from institutions such as BlackRock and Hamilton Lane. The token generates yields through a multi-protocol strategy involving protocols like Elixir, Euler, and Re7, with returns distributed in BTC format. (Cointelegraph)
Solv Protocol Launches RWA-Backed Bitcoin Yield Token on Avalanche SolvBTC.AVAX
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