This article is part of Rootstock’s series “Building DeFi on Bitcoin” which explores different solutions and integrations on the Rootstock blockchain that enable scaling Bitcoin, bringing DeFi capabilities to the world’s most secure Bitcoin DeFi layer.
Solv Protocol is a platform that offers a comprehensive set of financial services for Bitcoin holders. And now integrated with Rootstock, Solv offers the Rootstock community a whole set of new use cases including lending, liquid staking, yield generation, and fund management.
Here, we explore how to user your rBTC on Solv.
But before we start, add Rootstock to your wallet
Mint SolvBTC on Rootstock
- Go to https://app.solv.finance/
- Select the “SolvBTC” menu
- Select the “Rootstock” network
- Select the “Deposit” tab
- Enter the amount of RBTC you wish to deposit.
- Click the “Deposit” button and confirm the transaction in your wallet.
- Done! Now you have SolvBTC and you can check it on the “My Portfolio” page
Mint xSolvBTC on Rootstock
- Go to https://app.solv.finance/
- Select the “Staking” menu
- Select xSolvBTC and click the “Stake” button
4. Select the “Rootstock” network
5. Select the “Stake” tab
6. Enter the amount of SolvBTC you wish to deposit.
7. Check and Agree to “Terms of Use and Privacy Policy”
8. Click the “Stake” button and confirm the transaction in your wallet.
9. Done! Now you have xSolvBTC and you can check it on “My Portfolio
Unlock more revenues on DeFi page
- Select the “DeFi” tab.
- Find “Rootstock” and unfold it.
- DYOR and earn more incentives from other protocols.
