Solv Protocol (SOLV)
Solv protocol is a leading multi-chain Bitcoin liquid staking platform with over $1.3B in TVL. It enables users to stake their $BTC tokens in exchange for the liquid staking token SolvBTC, which can be used in multiple DeFi applications, restaking protocols, and neutral delta hedging platforms to earn additional APR.
According to the platform’s docs, Solv will be powered by the native token $SOLV. However, the page doesn’t disclose any information regarding its utility or tokenomics.
Since its inception in 2021, the Solv crypto project has raised over $11M from leading funds and investors, including The Spartan Group, Binance Labs, Mirana Ventures, and others.
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