SolvBTC is the #1 fee generator with nearly $1M in 7 days in Bridge Sector
So, what's the main momentum behind this phenomenon?
Simply because, SolvBTC is one of the most used BTC assets for multi-chain activity
▸ Bridge volume is rising fast
▸ Mint/redeem demand is increasing
Users are bridging SolvBTC across many chains at a very high rate. Especially in @Starknet, where SolvBTC is the heart of BTCfi szn in this chain.
Every bridge action → mint, redeem, or cross-chain transfer → creates a fee.
Besides, thanks to SAL model → Staking yield adds more protocol revenue
When BTC enters SolvBTC:
▸ It is deployed into secure staking strategies through SAL
▸ SolvBTC passes yield to users
▸ A small part of this yield is kept by the protocol
⤷ This gives @solvprotocol top tier revenue stream on top of bridge fees, making overall revenue even stronger.
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