Zatoshi-1

Are you familiar with @kairo_ag? Exciting developments are currently underway as our team takes the necessary steps to establish a presence within an entirely fresh ecosystem. We invite you to share your predictions about where we might be heading next.

In case you missed the latest news, a comprehensive guide was recently released by @Bitget. The article highlights SolvBTC, describing it as a significant innovation for the Bitcoin DeFi sector.

The publication explains how users can transform unused BTC into an active, income-generating asset that remains highly liquid. Crucially, this process allows you to earn yields while maintaining full custody of your holdings and keeping your exposure to market prices intact.

You can explore the full details and understand the mechanics by reading the complete article at the following link: https://www.bitget.com/amp/academy/solv-protocol-btc

Crafted to stand the test of time.

Our dedication remains absolute.

🐂

Our team is proud to continuously work closely alongside @BNBCHAIN. Within the ecosystem of BNB Chain DeFi tokenomics, Solv Protocol serves as an enduring BTCFi contributor. Please click to view in high definition.

The maximum circulating supply is forever limited to exactly 21M $BTC. Our team is dedicated to helping you secure a larger portion of this finite asset. The concept is straightforward: deposit your Bitcoin with us, and you will receive an even greater amount of Bitcoin in return.

We are fully dedicated to providing complete transparency and making certain the largest on-chain BTC reserve is securely protected at all times. You are invited to monitor the live data directly on our dashboard by visiting https://solv.finance/solvbtc-transparency

Many are wondering if we will soon witness a positive recovery across the wider market. Our confidence in Bitcoin remains incredibly strong, and we are fully committed to developing our infrastructure directly upon its foundation.

In case you missed our recent announcement, we are thrilled to share that the foundational architecture of Solv has officially been upgraded. Please keep an eye out, as we will be releasing comprehensive information regarding these improvements very shortly.

We are dedicated to clear communication and consistently share updates to keep you well informed. To review the exact performance details of our premier vault throughout the month of February, we warmly invite you to examine the current Fund Fact Sheet for BTC+.

There is no reason to overthink this. Solv provides a programmable Bitcoin yield that is both whole and fully-backed. Watch this space, as we are preparing to release additional upgrades 🔜

We have engaged all protective protocols. 🛡️

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Update Regarding the BRO Vault Security Incident

We have identified a contained security breach involving a single BRO vault. This incident resulted in an impact of 38.0474 SolvBTC and affected fewer than 10 users (<10). We want to assure our community that all other vaults and assets remain completely secure.

To ensure no user suffers a negative financial impact, we are fully compensating the losses for those affected. We appreciate your patience and trust as we continue to fortify our protocol.

Our team is currently conducting a comprehensive investigation alongside industry-leading security partners to ensure this does not happen again. We extend our sincere gratitude to @CertiK, @SlowMist_Team, and @HypernativeLabs for their timely alerts, which facilitated our rapid response.

Attention to the party responsible for the exploit: We are offering a 10% white hat bounty for the immediate return of the funds. Please contact us via DM or send an on-chain message to 0x08259F9D1De695329b5a0FDF4703F72c7C2326A9.

Security Report: BRO Vault Status

We want to make our community aware of an isolated security breach affecting a single BRO vault. This event was contained to a very small group, impacting fewer than 10 users (<10) with a total value of 38.0474 SolvBTC involved.

Rest assured, the integrity of all other user funds and vaults remains intact. We are fully reimbursing the losses for those specific individuals affected. As we continue to investigate alongside premier security partners, we have already established protocols to prevent future issues.

We extend our gratitude to @HypernativeLabs, @SlowMist_Team, and @CertiK for their immediate notifications, which facilitated our rapid containment efforts. Thank you for standing by us as we enhance the safety of the protocol.

Message to the exploiter: We are extending a 10% white hat bounty offer for the timely return of the funds. Please contact us directly or send an on-chain message to address 0x08259F9D1De695329b5a0FDF4703F72c7C2326A9.

Solv is establishing a presence on @inkonchain by leveraging @tydrohq, a liquidity protocol known for being decentralized and non-custodial. By posting SolvBTC as collateral, you are now able to obtain loans for a wide variety of assets via Tydro’s Markets, which are built on the @aave infrastructure. This development marks a rapid extension of programmable yield rails for the largest Bitcoin reserve onchain.

Solv is now live on @XLayerOfficial as a BTC liquidity provider!

We’re supercharging XBTC to be more productive with Solv’s programmable yield through BTC+. Why hold XBTC idle when you can top it up with more than 2% base yield? Solv gives access to a multi-facet strategy that grows your holdings when you mint BTC+ from XBTC.

The New Money chain meets a Bitcoin-backed neo finance protocol.