Lista DAO is thrilled to announce our strategic partnership with Solv Protocol, an omnichain liquidity and Yield Infrastructure platform for BTCfi. This collaboration marks a significant milestone for Lista DAO as we integrate Solv Protocol’s yield-bearing token, SolvBTC, as part of our collateral options, enabling users to borrow lisUSD under Lista’s Innovation Zone.
About Solv Protocol
Solv Protocol is a native yield platform for BTCfi, driven by decentralized asset management infrastructure, and focused on tokenizing and consolidating top-tier yields from across the crypto industry. It functions as a comprehensive gateway for liquidity, designed to lower barriers and costs for users pursuing yields in BTC. Solv is supported by prominent entities such as Binance Labs, NOMURA Group, Mirana, Blockchain Capital, and more.
About SolvBTC
SolvBTC is the first-ever yield-bearing BTC asset which enables BTC holders to earn additional BTC or stack satoshis while maintaining exposure to BTC. This incentivizes other BTC holders to move their assets to Bitcoin scaling solutions, thereby resolving the liquidity issue and unlocking the full potential of BTCFi.
SolvBTC employs a multi-strategy framework to generate yield from a variety of trading strategies, striking a balance between strong returns and stability. This methodology enables SolvBTC to offer some of the best yields in the market, estimated between 5% and 10%.
Furthermore, by integrating with various protocols across different ecosystems, SolvBTC serves as a versatile building block for BTCFi on multiple blockchains. By connecting liquidity providers with a diversified choice of applications, SolvBTC helps to boost and enhance the overall efficiency and performance of all participants in the ecosystem.
Loan Parameters
SolvBTC will be integrated into Lista DAO as a collateral to borrow lisUSD with the following parameters:
Minimum collateral ratio: 200%
Total borrow limit: 500,000 lisUSD
Minting Fee: 0
Loan interest rate: 12.5%
Withdrawal options: SolvBTC
Withdrawal fee: 0
Minimum Borrow amount: 15 lisUSD
Minimum deposit amount: 0.001 SolvBTC
Earn 2x boosted Solv points + Lista Stardust
To celebrate the partnership with Solv Protocol, we are offering an added incentive for users who deposit SolvBTC on Lista DAO. Not only will depositors earn Lista Stardust as part of the Community Airdrop Campaign (CAC) for Season 3, but they will also receive a 2x multiplier for Solv points, specifically geared towards Solv Protocol’s upcoming airdrop campaign.
Conclusion
BTC remains the dominant cryptocurrency in today’s market, drawing significant interest, especially from institutional investors. Introducing SolvBTC as collateral for borrowing lisUSD propels Lista DAO into the BTCFi market. With the integration of SolvBTC, we are further enhancing the utility and demand for lisUSD.
