Solv Protocol, Fragmetric and ZEUS Network Partners FragBTC: Solana’s Primitive Steen Steer Over
Alisa Davidson
Post: April 25, 2025 update: April 25, 2025 9:46 am
Edit and fact confirmation: April 25, 2025 at 10 am
simply
The SOLV Protocol has started FragBTC in collaboration with ZEUS Network and Fragmetric to ensure that Solana’s Bitcoin Holders can participate in Defi.
The SOLV Protocol, the On-chain bitcoin reserve and the stacking platform, announced that it has launched the first Solana Native and FragBTC, a yield production bitcoin solution. The development aims to work with multi -chain layer Zeus network and liquid rest protocol fragments to allow Solana’s bitcoin holders to participate in distributed finance (Defi).
The yield of FragBTC is run by Solvbtc.jup, a SOLV Bitcoin yield strategy that produces famous profits from Jupiter Exchange’s JLP. This approach reduces the risk of market fluctuations related to the centralized exchange (CEX), providing risk adjustment income for various risk profiles of Bitcoin holders. The SOLV protocol also became the first organizer of Zeus Network and helped bring the default bitcoin to Solana with other guardians such as Mechanism Capital, Animoca Ventures, and ANAGRAM.
Ryan Chow, the CEO and co -founder of the SOLV protocol, explained that Bitcoin yield was limited to the CEFI (Centralized Finance) platform and has little availability of Defi.
Ryan Chow said, “Bringing the actual bitcoin yield of Solana Native to Solana is an important milestone for us.” Since Solana is one of the most vibrant and insufficient defect ecosystems, we are happy to contribute to growth and unlock the new yields of Bitcoin holders.
Due to the fragmentary characteristics of the BTCFI environment, as mentioned by Sang Kim, the COO of the short laboratory, it was difficult to access consistent and reliable bitcoin yields.
“The SOLV protocol has solved the BTC sculpture by creating an integrated solution for actual sustainable BTC returns,” said Sang Kim.
Import bitcoin to enhanced solana for protocols and users
Getting bitcoin to high -performance chains such as Solana can traditionally rely on centralized managers or crosschain wrappers to provide users with security risks and inconsistent standards. This method often lacks transparency and verification, causing trust problems and interfering with the institutional adoption of Bitcoin in distributed finance (defi).
Therefore, according to Justin Wang, the founder of ZEUS Network, introducing Bitcoin to the Solana ecosystem in a basic and standardized manner will improve the security of both protocols and users.
Justin Wang said, “In Solana, all incoming bitcoin transactions can be fixed by verification, verification and blockchain itself.” “Therefore, the design of the institutional guardian will be an important component that allows the future institutional Bitcoin liquidity to flow into Solana through Zeus network,” he added.
SOLV protocols, Onchain Bitcoin Protection Zones Tradfi, CEFI (CEFI), and Defi are aimed at unlocking the potential of more than $ 1 trillion of Bitcoin assets through the SolvBTC platform. SOLV introduces SOLVBTC.LSTS (liquid steaking tokens) to convert both retail and institutional investors to make a profit for Bitcoin and convert it from dormant assets to assets that produce yields in dormant assets.
Recently, the SOLV protocol has secured $ 10 million in the Bitcoin preliminary initiative, closer to the goal of creating a $ 100 million chain Bitcoin protection area.
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About the author
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
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Alisa Davidson
Alisa, a dedicated reporter for MPOST, specializes in the vast areas of Cryptocurrency, Zero-ehnowedge Proofs, Investments and Web3. She provides a comprehensive coverage that captures a new trend and a keen eye on technology, providing and involving readers in a digital financial environment that constantly evolves.
More