Solv Protocol and Aetrna Labs Join Forces to Bring Yield-Bearing Vault
CryptoNewsTerminal Staff03 Jun, 2024
Solv Protocol and Aetrna Labs Join Forces to Bring Yield-Bearing Vault
Solv Protocol, a multi-chain liquidity aggregation gateway, has announced a strategic partnership with ENA (Aetrna) Labs, the issuer of the USDe stablecoin protocol. This collaboration aims to introduce a yield-bearing SolvBTC vault, offering users the opportunity to earn passive income from their BTC holdings. The SolvBTC vault will be built on Solv Protocol's platform, which aggregates liquidity from various decentralized exchanges (DEXes) to provide efficient and cost-effective trading experiences. By combining Solv's liquidity expertise with Aetrna Labs' USDe stablecoin, the vault will provide a secure and accessible way for users to generate additional returns on their BTC assets.
