Exclusive analysis: Can Solv’s listing on Binance save the Bitcoin ecosystem?

Some time ago, Binance officially announced that the third Megadrop project is Solv. The airdroppers were excited because Solv is a must-have project in the BTC ecosystem. Most of the group members have participated in staking and Binance wallet activities. Now it depends on whether the airdrop is worth the money.

Compared to how much airdrop I can get, I am actually more concerned about whether Solv can bring a ray of hope to the long-dormant Bitcoin ecosystem, because I have participated in almost all BTC ecological projects that have been financed but not issued coins, and I am so miserable.

At present, Solv is still very popular. Of course, there are well-known reasons for this, which I will not elaborate on. Anyway, I hope that Solv can stand up after TGE and pave the way for other projects such as Babylon, Bitlayer, B2, etc.

Next, let’s talk about the Solv project in detail. To be honest, I paid attention to Solv mainly because of Mr. Meng Yan @myanٹوکنGeek, although he still doesn’t know who I am, let alone that I have interviewed him many times.

A few days ago, some events pushed the teacher to the forefront, and many netizens joined the verbal battle without knowing the truth. I am not interested in getting involved in this muddy water, I just want to objectively describe my view of teacher Meng Yan, please dont criticize if you dont agree.

That was a few years ago, when I had just entered the کرپٹوcurrency circle. I interviewed the teacher many times for work reasons. To be honest, I was a little scared when I first saw the teacher. First, the teacher looked a bit like a gangster boss (no derogatory meaning), and second, the teacher was a well-known expert and a guest of honor at various conferences. The pressure of the interview was actually quite high.

It turns out that my previous worries were unnecessary. The teacher is gentle and polite, and has no airs. He will not treat you differently just because you are new to the industry or which media you represent. In addition, the teacher has a quick mind and clear logic, making him an ideal interview subject. The subsequent manuscripts can be written without much editing.

Later, my old employer wanted to shoot a promotional video and needed a celebrity to record a video. I sent a WeChat message to the teacher with the mentality of giving it a try. I didn’t expect to get a reply so quickly. A few days later, I successfully received the video sent by the teacher, which really touched me.

It was because of the above-mentioned past events that I took Solv, in which Teacher Meng Yan participated, seriously and participated in almost all activities, big and small, hoping to receive a good year-end bonus.

As for what Solv does and what its highlights are, I believe everyone has already learned about it through various tweets and reports. I will not repeat what Solv does in this post, but just share a few points that I am more optimistic about:

Investors are eye-catching

Solvs publicly disclosed financing amount is 22 million US dollars. In addition to the well-known Binance Labs, the one I admire most is Blockchain Capital.

This institution is not high-profile, but has invested in a lot of star projects, such as Coinbase, Zksync, Uniswap, Aave, Celestia, Eigenlayer, etc. Another awesome project they invested in the BTC track is STX.

Building a bridge between the worlds of BTC and DeFi

Since 2021, I have been optimistic about the BTC+DeFi track. I have also participated in projects such as Pingtou Ge before, but this track did not explode in the end.

As far as I know, many large BTC holders rarely operate on the chain. Firstly, they are worried about security issues, and secondly, they are discouraged by complex operations.

Solv addresses these two pain points one by one. First, it uses the security system Solv Guardian to ensure the security of staking transactions, and collaborates with protocol developers to establish strict security standards and risk control systems; second, it launches SolvBTC anchored to BTC, and also uses the staking abstraction layer technology to lower the threshold for Bitcoin holders to enter DeFi.

To put it simply, Solv has provided corresponding solutions to the obstacles that previously prevented BTC holders from entering DeFi, and has contributed to the BTC chain ecosystem.

Reliable partner

Solv not only cooperates with BTC ecological projects, but also cooperates with mainstream DeFi platforms such as Uniswap and Aave, and forms a complementary ecosystem with many decentralized insurance and on-chain lending protocols to further expand the application scenarios of SolvBTC.

I have always believed that the quality of a project can be measured by looking at its partners. From this point of view, the Solv team is capable of selecting partners.

Finally, I would like to remind you that you must take part in the Binance Megadrop Phase 3 $SOLV airdrop event. A few dozen Us are not a big problem. The task is very simple, the whole process goes through the BSC network, and it can be completed in 1 minute, and the wear and tear is negligible:

① Lock ≥ 0.05 BNB, choose the lock amount and time by yourself

② Deposit at least 0.0001 BTCB (BTC on BSC) into Solv

Steps:

① Prepare BNB and BTCB in advance: BNB can be transferred from the exchange, and BTCB can be purchased directly through the wallet on the BSC network

②Open Binance Wallet, find the Megadrop-Solv airdrop event + click to enter the task page

③ Lock up at least 0.05 BNB, and choose the time yourself. Anyway, the amount and period of pledge will affect the points. The more points you have, the more airdrops you will get in the end.

④ Complete the Web3 task and deposit at least 0.0001 BTCB into the Solv protocol through the BSC network. After depositing, remember to return to the task page to complete the verification.

This article is sourced from the internet: Exclusive analysis: Can Solv’s listing on Binance save the Bitcoin ecosystem?

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