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News

SolvBTC.JUP Bitcoin Yield Launches With 8% Return on Solana

2 mins mins

Key Points:

  • SolvBTC.JUP Bitcoin Yield offers an 8% annual return on Bitcoin, integrating with Solana’s DeFi ecosystem, with over $13 million in TVL.
  • Solv Protocol’s SolvBTC.JUP Bitcoin Yield taps into Jupiter DEX for yields, marking it as the fourth LST product using the Staking Abstraction Layer.
Solv Protocol has introduced SolvBTC.JUP, is a product offering an 8% annual yield in Bitcoin by integrating Bitcoin with Solana’s DeFi ecosystem. The SolvBTC.JUP Bitcoin yield is backed by Solana’s DEX, Jupiter, and has already surpassed $13M in total value locked (TVL).
SolvBTC.JUP Bitcoin Yield Launches With 8% Return on Solana

SolvBTC.JUP Bitcoin Yield: 8% Returns via Solana’s DeFi

The latest product at Solv Protocol, SolvBTC.JUP, combines Bitcoin with Solana’s DeFi ecosystem. At an annual yield of 8%, it has already managed to attract upwards of more than $13M in TVL and ranks among the additions to the suite of liquid staking products for the protocol.

Read more: Solv Protocol Brings Bitcoin Staking to Base with New Liquid Staking Options, Expanding Bitcoin’s Role in the Onchain Economy

SolvBTC.JUP Integrates Bitcoin with Solana DeFi for Yield

SolvBTC.JUP leverages Solana’s DEX, Jupiter, to offer a one-of-a-kind DeFi opportunity with a yield of 8% in annual Bitcoin. The product will further bridge Bitcoin with decentralized finance on Solana and open access to high-yield opportunities across blockchain networks.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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William

17 October 2024, 14:54:37 GMT +0000

In the fast-paced world of day trading, I’ve honed my skills for over six years using technical analysis tools and crafting short-term strategies. My expertise isn’t from textbooks but from the trenches of online trading communities. I excel at reading chart patterns, applying technical analysis, and mastering risk management. “The market is about probabilities,” I declare. As Editor at Coincu, I empower readers with the insights and strategies to conquer the dynamic world of day trading.

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