25 C
Guangzhou
Saturday, November 16, 2024
BitcoinLista DAO collaborates with Solv Protocol to integrate YieldBearing BTCfi

Lista DAO collaborates with Solv Protocol to integrate YieldBearing BTCfi

- Advertisement -spot_imgspot_img
- Advertisement -spot_imgspot_img

Lista DAO is thrilled to announce a new strategic alliance with Solv Protocol, a provider of omnichain liquidity and yield infrastructure for BTCfi. This collaboration marks a significant milestone for Lista DAO as it paves the way for the inclusion of SolvBTC, the yield-bearing token of Solv Protocol. Through this integration, users will now have the opportunity to borrow lisUSD within Lista’s Innovation Zone.

Solv Protocol is set to revolutionize BTC yield through its decentralized asset management infrastructure, which is the core of the BTCfi ecosystem. By securitizing and aggregating high-quality yields from the crypto market, Solv Protocol aims to streamline the process of generating yields in BTC while reducing associated costs. Notable investors in Solv Protocol include Binance Labs, the NOMURA Group, Mirana, and Blockchain Capital.

SolvBTC, the pioneering yield-bearing BTC asset, offers BTC holders the ability to increase their BTC holdings while maintaining exposure to BTC. This unique feature encourages BTC holders to transition their assets to Bitcoin scaling solutions, addressing liquidity issues and unlocking the full potential of BTCfi.

To celebrate the partnership with Solv Protocol, Lista DAO is introducing a special staking bonus for SolvBTC holders. Through a multi-technique model, SolvBTC enables users to earn returns through various trading methods while ensuring high returns and stability. This positions SolvBTC as one of the most lucrative options in the market, with returns ranging from 5% to 10%.

Furthermore, SolvBTC is designed to interact with multiple protocols across different blockchain environments, making it a versatile solution for BTCfi. By connecting liquidity providers to various applications, SolvBTC optimizes performance and fosters sustainable growth for all participants involved.

As BTC continues to dominate the market and attract institutional interest, Lista DAO’s decision to offer SolvBTC as collateral for borrowing lisUSD signifies its entry into the competitive BTCfi market. This integration not only enhances the utility of lisUSD but also elevates its overall value within the Lista DAO ecosystem.

Tags: BTC

- Advertisement -spot_imgspot_img
Latest news
- Advertisement -spot_img
Related news
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here