Asset Guide - SolvBTC
Guide to SolvBTC on Sei
Last updated
Guide to SolvBTC on Sei
Last updated
SolvBTC is a BTC asset issued by Solv Protocol, designed to maximize Bitcoin’s capital efficiency while maintaining a decentralized and composable structure. It is primarily available on Sei, Ethereum, and other EVM-compatible networks.
You can get SolvBTC from:
Solv Protocol by depositing BTC or wBTC.
Other DEXs like Uniswap and 1inch (EVM).
Get SolvBTC on Solv Finance.
Acquire wBTC from a CEX or swap on a DEX.
Navigate to Solv Protocol.
Deposit wBTC to mint SolvBTC.
Approve the transaction.
Bridge SolvBTC to Sei.
Navigate to Cross-Chain tab on Solv.
Select your source chain and Sei as the destination.
Review the bridge recommendation and proceed.
Approve the transaction.
Navigate to the Yei Finance dashboard.
Select Solv Market.
Locate SolvBTC, and click "Supply".
Enter the amount and confirm the transaction.
🎉 That’s it! You are now utilizing your SolvBTC to earn rewards and Yei points.
Bridge out via Solv Protocol.
Navigate to Solv Cross Chain tab.
Select Sei as the source chain and choose your destination chain.
Review the bridge recommendation.
Approve the transaction.
Redeem wBTC on Solv Protocol.
Navigate to the SolvBTC page.
Select "Withdraw" and approve the withdrawal.
Confirm the redemption and wait for the 7-day unlock period.
Navigate to the portfolio page to claim wBTC after the waiting period.