Solv Protocol
  • Welcome to Solv
    • Introduction
    • State of Bitcoin Staking
    • The On-Chain Bitcoin Reserve
  • SOLV Token
    • SOLV Tokenomics
    • Claiming SOLV
      • Claiming SOLV from a Multi-sig Wallet
      • Claiming SOLV as Flexible Voucher Holders
    • Governance
  • Key Products
    • SolvBTC
    • SolvBTC LSTs
      • LST Suite
      • Yield Related Address
    • DeFi Vaults
    • Bitcoin Reserve Offerings
  • Staking Abstraction Layer (SAL)
    • Introduction
      • The Challenges with Bitcoin Staking
      • What is SAL?
    • Architecture
      • The Ecological View
        • The Staking Protocols
        • The LST Issuers
        • The Staking Guardians
        • The Yield Distributors
      • The Technical Architecture
        • The Staking Abstraction Matrix
        • LST Issuance Services
        • Staking Verification Services
        • Transaction Building Services
        • Yield Distribution Services
      • Diverse Yield Streams Accessible Through SAL
  • Security
    • Solv Guard
    • Smart Contract Governance
    • Smart Contract Audits
      • Audits
  • USER GUIDE
    • Deposit BTCB in Binance MegaDrop
    • Claim BABY as xSolvBTC Holders
  • Developer Guide
    • Core Components
      • Price Oracles
      • Cross-chain Bridge
    • Smart Contracts
      • Technical Architecture
      • Asset Storage & Representation
      • LST Oracle Mechanism
      • Contract Addresses
    • Integrations
      • SolvBTC and SolvBTC.LSTs
      • Data Services
        • SolvBTC/SolvBTC.LSTs storage pools
        • User Assets
      • SAL Services
    • Code Repo
  • Legal
    • Terms of Use
    • Privacy Policy
    • Cookie Policy
    • Disclaimer
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  • The On-chain MicroStrategy
  • Active Bitcoin Reserves

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  1. Welcome to Solv

The On-Chain Bitcoin Reserve

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Last updated 4 months ago

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SolvBTC prioritizes security through a fully transparent Proof-of-Reserve (PoR) system.

This innovative framework enables users to verify in real-time that every SolvBTC token is backed 1:1 by either Bitcoin or a trusted wrapped Bitcoin asset. By categorizing reserve assets and maintaining clear transparency, Solv Protocol builds trust, safeguards user holdings, and minimizes exposure to unnecessary risks—ensuring a robust and reliable ecosystem for Bitcoin utility.

The On-chain MicroStrategy

  • Solv vs MicroStrategy’s approach to Bitcoin reserves.

Solv’s Bitcoin Reserve has surged past 25,000 BTC in just eight months, while MicroStrategy’s holdings remain static at around 400,000 BTC.

While MicroStrategy focuses on holding, Solv transforms $BTC into an active, yield-generating powerhouse.

Solv Protocol
MicroStrategy

Primary Goal

Maximize Bitcoin's utility by enabling users to earn yields

Preserve and increase the company’s treasury reserves by Bitcoin’s price growth

Strategy

Use the yield-generating mechanism to transform Bitcoin into a productive asset.

Use the "Buy and Hold" approach to accumulate Bitcoin as a long-term store of value

Transparency

Fully transparent Proof-of-Reserve system ensuring 1:1 backing of SolvBTC with Bitcoin

Bitcoin holdings are disclosed via regulatory filings and corporate announcements

Product

SolvBTC, Liquid Staking Tokens (LSTs), DeFi vaults, staking, and liquidity provision

Bitcoin is held passively on the balance sheet

Revenue Model

Generates yield from Bitcoin through DeFi strategies and staking

No yield generation; relies solely on Bitcoin price increases

Scale

Holds over 25,000 BTC in reserves and serves 510,000+ users globally

Holds 402,100 BTC, primarily for corporate investment

Risk Management

Categorized reserve assets with transparent reporting to minimize exposure risks

Relies on Bitcoin's long-term viability and corporate-level financial decisions

Access

Accessible to both retail and institutional users

Institutional-focused, designed for corporate treasury management

While MicroStrategy focuses on accumulating Bitcoin as a treasury asset, Solv empowers users to unlock the full financial potential of Bitcoin.

Active Bitcoin Reserves

As of December 15th, 2024, over 11,611 BTC are actively staked in SolvBTC.LSTs, generating yields and creating value for holders while maintaining liquidity.

10,688 BTC are deployed across leading decentralized applications (dApps) and ecosystems, such as Ethereum, Bitcoin Mainnet, BNB Chain, Arbitrum, Avalanche, and more. This integration bridges Bitcoin into the DeFi space, enabling diverse use cases like liquidity provision, cross-chain transfers, and yield generation.

With an impressive 90% utilization rate, SolvBTC showcases how Bitcoin can evolve beyond "HODLing" to become a dynamic force in decentralized finance, unlocking financial opportunities for users globally.