Solv SOLV.BTC CORE
Overview
Status
Mainnet
Type
Reserve
BTC Supply
₿0
BTC is a BTC wrapped asset. It is under review.
BTC Supply
Total supply per day
Supplycoming soon
TVL Data Coming Soon
We're currently gathering and building data infrastructure for this network. TVL analytics will be available soon.
Token Contracts
Token Contracts Coming Soon
We're working to collect the various BTC-backed token contracts for this network. Contract addresses will be available soon.
Risk Summary
Users do not have unilateral claims on native BTC.
BTC backing this asset is secured by multiple custodians. Users trust this group with maintaining the peg with BTC.
Various reserve assets used
This asset is backed by other BTC wrapped assets. If a reserve asset became unbacked, the two-way peg with BTC would break.
Assessment
Asset Custody
Users trust custodians managing BTC backing SolvBTC and the operators of various BTC-derivative assets.
SolvBTC claims to be partially backed by native BTC managed by custodian providers. It’s been stated that Copper, Ceffu, Fireblocks, and Cobo are custodial providers securing BTC that partially backs SolvBTC. It's additionally backed by various BTC-derivative assets; BTCB, wBTC, FBTC, cbBTC, BTC.b, and tBTC..
We are reviewing if SolvBTC.CORE is natively minted or bridged from another chain.
We are reviewing if SolvBTC.CORE is natively minted or bridged from another chain.
Further sections to be reviewed
Aspects related to minting & burning, key management, transaction signing, and proof-of-reserves have not been reviewed. We are currently reviewing these sections.