During the 2024 KBW event, BTCstake became one of the hot topics of discussion. Solv protocol, together with Eigenlayer, GoPlus Security, Altlayer, and Dodo Chain, co-hosted a thematic event to explore BTC, AVS, and security. At the event, Solv's founder and CTO Will Wang announced the 'Solv integrated BTCstake solution', with the aim of building a secure, efficient, and user-friendly platform to make BTCstake more convenient and promote the expansion of the Decentralized Finance ecosystem.

As the largest BTC stake platform in the market, Solv has a stake volume of over 20,000 BTC and over 200,000 users. Over 70% of SolvBTC (BTC assets launched by Solv) have been invested in various stake scenarios, making it the protocol with the highest TVL and the highest capital utilization efficiency in the current BTC field.

'BTCstake: The next rise engine of Decentralized Finance'

The Solv protocol advocates unlocking the potential of $12 trillion in BTC assets through BTC stake. Will pointed out in his speech that the current adoption rate of BTC stake is much lower than that of Ethereum, while the stake rate of Ethereum has reached 28%. If BTC can achieve a similar stake rate, it will release approximately $3.3 trillion in value, driving further development of Decentralized Finance.

However, several key challenges have hindered the widespread adoption of BTCstake:

• Lack of programmability: The lack of transparent and auditable smart contracts restricts the widespread application of stake.
• **Fragmentation of infrastructure: **stake activities are scattered across multiple on-chain, increasing the complexity and risk of user participation.

"BTCstake needs a new generation of infrastructure"

Solv proposes an integrated stake platform that redefines the entire stake process and ecosystem.

In this architecture, the stake process is decomposed into four key roles, and they are closely linked together through an integrated platform architecture:

• LST Issuers: Create Liquidity Yield Tokens (LST) pegged to stakeBTC. Solv is the largest Bitcoin LST Issuer in the market.
• stakeprotocol (Staking Protocols): Manage the BTC deposited by users and provide secure returns. For example, Babylon, CoreDao, Botanix, Ethena, GMX, and other protocols.
• stakevalidators (Staking Validators): For example, Ceffu, Cobo, Fireblocks, Solv Guard, etc., are responsible for validating transactions, ensuring the validity of stake transactions, and updating validation status in a timely manner.
• Yield Distributors: Timely and accurate distribution of user's stake rewards. Examples include Babylon, Solv, PENDLE, Gauntlet, Antalpha, etc.

By integrating these four roles, Solv has built a complete BTCstake ecosystem, providing users with a more convenient, secure, and attractive stake experience.

"Four Core Advantages: Security, Convenience, Openness and Standardization"

Will summarized the four major advantages of the Solv integrated platform in his speech:

• Security Guarantee: Ensure the security of stake transactions by integrating Active Verification Service (AVS). AVS monitors various aspects of stake transactions, such as the target Address, script hash, stake period, etc., to ensure the validity and security of the transactions, and to prevent errors or malicious behavior.
• Process Optimization: Simplified the stake process, users only need to deposit BTC on the platform to enjoy secure, efficient stake service and earn profits.
• Openness and Cooperation: This is an open, inclusive, and efficient ecosystem. For example, Solv collaborates with Ceffu to successfully implement stake validation services on the Babylon network.
• Industry Standardization: As a standardization of the BTC stake process and parameter system trap, it can enable the rapid development of the BTC stake industry.

Diversified LST assets created by Solv

At the end of the speech, Will also introduced the various unique LST assets created by Solv based on an integrated platform. In addition to SolvBTC.BBN (Babylon LST) and SolvBTC.ENA jointly launched by Solv with Babylon and Ethena, Will also revealed that Solv will soon launch SolvBTC.Core and SolvBTC.CASH. They are interest-bearing assets based on PoS Consensus network and institutional fixed income assets based on OptionsArbitrage, respectively.

Currently, Solv has established strategic partnerships with more than 20 leading public chains and Decentralized Finance protocols, consolidating its ecological advantages in the Bitcoin (BTC) field. The integrated stake platform launched this time is the industry's first standardized stake process, marking a significant leap in the BTC stake industry. This innovation will greatly promote the rapid development of BTC stake, establishing Solv's leading position in the BTC stake field.