TechFlow, May 18 — DeFi protocol Elixir has announced a collaboration with Bitcoin staking protocol Solv Protocol to launch SolvBTC.AVAX, a modular yield vault backed by real-world assets (RWA), bringing real yield to BTC.
SolvBTC.AVAX is launched jointly by Elixir, Sole, Avalanche, Euler, LFJ, and Balancer: Solv provides automated yield strategies; Avalanche offers a high-speed execution layer; Elixir mints RWA-backed deUSD; Euler enhances exposure through loan recycling; LFJ/Balancer compounds returns via liquidity mining.
The product’s core yield sources include BlackRock's BUIDL and Hamilton Lane's SCOPE. Users can earn AVAX rewards, Elixir points, and Solv points through a single token SolvBTC.AVAX, enabling automated on-chain yield generation and institutional-grade participation for BTC.
