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BTC Phemex launches BTC Onchain Earn to integrate with Solv Protocol to expand chain revenue.
Phemex, a well-known cryptocurrency exchange, announced its integration with the decentralized finance (DeFi) protocol Solv Protocol, officially launching the BTC Onchain Earn product. The integration aims to provide users with robust on-chain revenue opportunities while maintaining redemption flexibility. According to Phemex\'s official social media announcement, the minimum participation threshold for BTC Onchain Earn is 0.001 BTC, allowing both institutional investors and retail investors to participate.
BTC Onchain Earn is now online and built based on Solv Protocol. It has the following characteristics:
·On-chain income
·Flexible redemption
·Minimum 0.001 BTC starting
·Current annualized rate of return is approximately 3-4%(floating)
Phemex is integrated with Solv Protocol, BTC Onchain Earn expands revenue opportunities on the chain
This integration allows Solv Protocol to provide exclusive revenue opportunities through BTC Onchain Earn. The product offers a floating annualized rate of return (APR) of approximately 3-4%, making it extremely competitive in the rapidly growing field of crypto revenue. With its accessibility, blockchain native mechanisms and transparency, BTC Onchain Earn is expected to consolidate Phemex\'s position in DeFi innovation. In addition, the launch of this product also highlights the platform\'s determination to expand its product matrix beyond traditional trading services. By leveraging the infrastructure of Solv Protocol, Phemex ensures that the revenue generation process is executed directly on the chain.
Improve transparency of DeFi solutions and help strategic expansion
According to Phemex, this approach not only enhances transparency, but is also in line with the general trend of the market shift towards DeFi solutions. In particular, flexibility and redemption features further enhance the appeal of the product, allowing users to effectively manage liquidity without being subject to strict terms. Integration with Solv Protocol is critical, allowing Phemex to provide revenue opportunities that are structured and adaptable to changing market dynamics.
Phemex pointed out that the launch of BTC Onchain Earn is a strategic move that will help the platform provide diversified products and services to a wider user base. Integration with Solv Protocol results in a product that focuses on accessibility, flexibility and transparency. This exclusive move by Phemex makes it a forward-looking exchange in the context of the continued expansion of revenue products in the crypto market.
