AILayer and Solv Protocol announce a strategic partnership aimed at expanding the application of Bitcoin in the DeFi space
This groundbreaking collaboration provides Bitcoin holders with a new way to interact with the evolving DeFi ecosystem.Author: AILayer
AILayer, as the world's first Bitcoin Layer 2 platform aimed at the large-scale promotion of artificial intelligence applications, collaborates with the leading project in decentralized Bitcoin reserves, Solv Protocol, to jointly explore new opportunities for Bitcoin in the decentralized finance (DeFi) sector. Through this collaboration, users can deposit aBTC into the AILayer platform and exchange it for SolvBTC. Additionally, users can stake SolvBTC to earn the Bitcoin liquid staking token SolvBTC.BBN, launched in partnership with Babylon.
This groundbreaking collaboration provides Bitcoin holders with a new way to interact with the rapidly evolving DeFi ecosystem, significantly enhancing the liquidity depth of the BTCFi ecosystem. For AILayer, this partnership marks an important milestone in promoting the integration of Bitcoin with AI applications, opening up unprecedented access to innovative products for users.
By incorporating SolvBTC and SolvBTC.BBN into the AILayer ecosystem, this collaboration brings high-quality cross-chain unified liquidity assets to AILayer users, enhances platform functionality, attracts more users to AI-driven applications, and fosters a more active and diverse DeFi environment.
This strategic partnership signifies a major advancement in AILayer's deeper integration within the DeFi space, driving the fusion and innovation of Bitcoin, decentralized finance, and AI technology.
About AILayer
AILayer is the first Bitcoin Layer 2 platform designed to support the large-scale adoption of AI applications. By leveraging the security of Bitcoin and the scalability of AILayer, the platform can develop and deploy Bitcoin-native AI-driven applications, bridging the gap between artificial intelligence and blockchain technology. Through this strategic partnership, AILayer continuously enhances the platform's capabilities, attracting more users to participate in the AI-supported decentralized finance ecosystem.
About Solv Protocol
Solv is pioneering decentralized Bitcoin reserves, unlocking the full potential of over $10 trillion in Bitcoin assets through liquidity consensus infrastructure. By addressing the fragmentation of BTC assets, yield opportunities, and custody solutions, Solv provides Bitcoin holders with a gateway to BTCFi, encouraging innovation on secure and efficient Bitcoin reserves while continually establishing pathways and confidence for traditional capital to enter the crypto world.
