SolvLSTs have consistently been one of my favourite ways to express exposure to BTC.
Why?
You turn BTC into a yield generating asset, previously through yield generated via Staking, but also funding & trading fees. This time on @berachain leveraging the likes of @InfraredFinance & @KodiakFi for POL rewards.
The Bera Eats The Corn 🌽
Recap of SolvBTC holders on berachain since POL started
Since Solv started @berachain POL with @KodiakFi islands in March, additional $70m of SolvBTC (and xSolvBTC) inflows to Berachain ecosystem (excluding the ~$300m from SolvBTC.BERA Boyco).
These are smart money. Because they know the best BTC defi yield onchain is on Berachain POL, with SolvBTC.
On May 6 (tomorrow!), SolvBTC.BERA unlocks, you will automatically rollover to SolvBTC.BERA (POL), with our POL strategies in @InfraredFinance, @beraborrow, @Dolomite_io and more new exciting partners.
New BTC deposits are open NOW on BNB chain, BOB and Berachain. Ethereum deposit will also re-open on May 6!
Lfg im excited.
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