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 from 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 framework. As a native yield product of BTCfi, Solv Protocol focuses on securitizing and aggregating high-quality yields from the cryptocurrency market. By doing so, it aims to streamline the process of generating yields in BTC, reducing barriers and costs along the way. Noteworthy investors in Solv Protocol include Binance Labs, the NOMURA Group, Mirana, and Blockchain Capital.
SolvBTC, the first yield-bearing BTC asset, offers BTC holders the ability to increase their BTC holdings while maintaining exposure to BTC itself. This innovative approach encourages BTC holders to explore Bitcoin scaling solutions, addressing liquidity challenges and unlocking the full potential of BTCfi.
To celebrate the partnership with Solv Protocol, Lista DAO is introducing a special SolvBTC staking bonus. SolvBTC utilizes a diversified strategy to generate returns through various trading methods, ensuring both high returns and stability. This results in SolvBTC offering some of the most competitive returns in the market, ranging from 5% to 10%.
Moreover, SolvBTC is designed to interact with different protocols across multiple blockchains, making it a versatile solution for BTCfi. By connecting liquidity providers to various applications, SolvBTC enhances and sustains the performance of all participants involved.
As part of the partnership, Lista DAO will offer an additional bonus to those staking SolvBTC. Depositors in Season 3 CAC will receive free Lista Stardust and a 2x bonus for Solv points in Solv Protocol’s airdrop campaign.
With BTC maintaining its position as the market leader and attracting interest from institutional investors, Lista DAO’s integration of SolvBTC is poised to elevate the usage and value of lisUSD. By offering SolvBTC as collateral to borrow lisUSD, Lista DAO is making a strategic entry into the BTCFi market, further solidifying its presence in the cryptocurrency landscape.