Web3 liquidity infrastructure Solv Protocol announced the launch of a points system on the X platform. It is reported that the points system is designed to reward users who invest in Solv vaults (such as SolvBTC). The Solv points system introduces a dynamic way for users to earn rewards based on their investment activities, that is, those who stake in the Solv vault will accumulate points in proportion to their staked amount, but SolvBTC purchased from the secondary market will not generate any points. All points earned can be used to receive future Solv airdrops, and the airdrop tokens will be allocated to the points system and Solv early adopters.
Last August, Solv Protocol completed a $6 million financing. Laser Digital, UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners China, Bing ventures, Apollo Capital, HashCIB, Geek Cartel, Bytetrade labs and other investment institutions under Japanese banking giant Nomura Securities participated in the investment.