The Standardization Path of Bitcoin Staking: Solv's SAL Solution

Bitcoin, as the largest "sleeping capital pool" in the crypto world, has long failed to bring returns to its holders, nor has it injected vitality into the on-chain financial ecosystem. Although there have been many attempts to release Bitcoin liquidity before, most have only been reinventing the wheel and have not truly leveraged the BTCFi market.

What issues need to be resolved before staking Bitcoin? This is a billion-dollar question and one that the Bitcoin ecosystem, especially staking projects, must answer. As a leader in the Bitcoin staking field, Solv provides a forward-looking solution, the core of which is the "standardization" concept of SAL( Staking Abstraction Layer).

Compared to Ethereum, the Bitcoin ecosystem lacks a centralized organization capable of dominating the standardization process, which makes it difficult to reach a consensus on the integration of cross-chain Bitcoin liquidity. Therefore, BTCFi and the Bitcoin ecosystem urgently need a unified technical framework and standards to promote the financialization process of stake assets and drive the BTCFi ecosystem towards maturity.

Solv, as the current largest Bitcoin staking platform, has proposed a new concept of Staking Abstraction Layer ( SAL ), aimed at aggregating the BTC liquidity across the entire chain and providing a scalable and transparent unified solution. SAL revolves around four core roles: staking protocols, staking validators, yield distributors, and LST issuers, launching key modules that cover the entire process, including LST generation services, staking verification services, transaction generation services, and yield distribution services.

Through these modules, SAL effectively integrates the technical differences of various protocols within the Bitcoin ecosystem, providing a clear operational framework for different roles and greatly simplifying the participation threshold in the Bitcoin staking ecosystem. Currently, multiple protocols and service providers have joined the SAL protocol ecosystem, including BNB Chain, Babylon, ChainLink, Ethena, CoreDAO, and others.

SAL essentially derives a diversified yield solution based on the entire chain of BTC, allowing Bitcoin holders to achieve diverse and dynamic income streams without affecting liquidity, opening up new development space for BTCFi. The main sources of income include:

1. Use Restaking to achieve Bitcoin staking returns
2. Earn reward income by validating nodes
3. "Delta Neutral" trading yield strategies
4. DeFi yields in various use case scenarios

The solution of Solv SAL can be likened to the "infrastructure project" of the Bitcoin ecosystem, with the hope of revitalizing this high-quality crypto asset worth trillions of dollars on the basis of providing a unified framework for Bitcoin staking ecosystem, opening up new horizons for the development of BTCFi.