Solv Protocol has introduced a new reward system that is set to launch on April 5. This system is designed to reward users who invest in Solv vaults like SolvBTC, customized for Bitcoin traders.

The reward system by Solv introduces a fresh approach to rewarding users based on their investment activities. By staking in Solv vaults, users can earn points that can be exchanged for future Solv airdrops, promoting engagement and user involvement in the protocol's growth.

Additionally, the system includes a referral program to encourage users to invite others to contribute to the ecosystem's expansion.

Solv Protocol has gained significant support from investors like Binance and Nomura, with a Total Value Locked (TVL) surpassing $150 million in the previous year. With the introduction of SolvBTC, the first yield-bearing Bitcoin, Solv is committed to building a significant liquidity layer in the BTCFi ecosystem.

SolvBTC is now available on various networks, including Ethereum, Arbitrum, BNB Chain, and Merlin Chain.

As the governance token for Solv Protocol, the SOLV token will allow holders to participate in asset and resource decisions, as well as receive governance-related benefits and rewards.

The recent launch of the reward system and the popularity of SolvBTC solidifies Solv's position as a vital liquidity layer in the DeFi landscape, showcasing its dedication to empowering users and innovating DeFi asset management.