SolvBTC.CORE is a liquid staking token (LST) that allows Bitcoin holders to stake their Bitcoin on the Core Network and earn returns. Yields are generated through staking and are distributed as CORE tokens, offering up to 4% estimated annual returns from network security. You can also maintain liquidity for use in decentralized finance (DeFi) applications, with potential yields reaching up to 10% when participating in DeFi.

By staking Bitcoin on the Core Network through Solv Protocol, you’ll receive Core in return. Yields are generated by securing the Core network and are paid in CORE tokens, with an estimated annual return of up to 4%. The rewards are calculated daily based on snapshots of your SolvBTC.CORE holdings and are distributed monthly. Note that a 10% carry fee will apply to all rewards accumulated.

Rewards are distributed monthly in CORE tokens, with plans to shift to a claim-based system in the future. To qualify, users must hold SolvBTC.CORE in their Core wallet or deploy it within supported DeFi protocols. Eligibility also requires activating the Solv Points system. Note that all rewards are subject to a 10% carry fee.

As a liquid staking token, SolvBTC.CORE allows you to retain control over your assets. You can use SolvBTC.CORE in DeFi applications on the Core Network while earning staking rewards. This ensures you maintain liquidity while earning yields, with potential DeFi returns of up to 10% on your Bitcoin.

As with any staking or DeFi activity, there are inherent risks, such as network and liquidity risks. However, SolvBTC.CORE benefits from Ceffu’s institutional-grade security, providing robust protection for your assets and minimizing risks.

Users can initiate the redemption of SolvBTC.CORE to SolvBTC.b at any time, but the redemptions will be processed monthly.

To redeem your SolvBTC.CORE, please submit a redemption request through the Solv platform. Redemption requests are processed once a month:

• Core asset yield distribution is processed on the 5th of each month.
• Earnings will be directly distributed to investors’ wallet addresses.

🔹 If the 5th falls on a weekend, processing will be deferred to the next business day.

To qualify for rewards, you need to activate the Solv Points system by registering through the Solv platform. This system tracks your SolvBTC.CORE holdings and allocates rewards based on your participation. All rewards are subject to a 10% carry fee.