Solv Protocol, a Bitcoin staking platform, has introduced a classification system for the underlying assets of its SolvBTC reserve. The assets are divided into Core Reserve (native BTC, Binance-backed BTCB) and Innovative Reserve (wrapped assets like WBTC, cbBTC). This setup enhances stability and risk management through minting caps and cross-chain rate limits on the Innovative Reserve.
Solv is now one of the largest multichain BTC liquid staking token issuers, spanning 10+ networks, including Ethereum and BNB Chain, with over 24,000 BTC ($2 billion) in reserves. This offers secure, yield-generating opportunities in DeFi.