🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Solv raised $10 million for BTC reserve issuance to drive institutional adoption of BTC finance
PANews reported on March 13th that Solv, a BTCstake platform, has raised $10 million for its BTC reserve issuance (BRO) to establish a $100 million BTC reserve. Solv will deploy the raised BTC into various yield-generating tools, such as LiquiditystakeToken, and invest in Decentralized Finance (DeFi), Real World Assets (RWA), and institutional financial products. In Thursday's announcement, Solv stated, "This means that the BTC reserve owned by Solvprotocol will be active and productive, rather than letting BTC idle." According to the introduction, BRO combines various aspects of traditional convertible bonds with native cryptographic functions to promote institutional adoption of BTC finance. Solv is trying to provide an "on-chain MicroStrategy" model, which may attract institutions that want to invest in BTC as a value store in a way similar to MicroStrategy, but without the need to buy and hold it themselves. In addition, they may be seeking a more proactive form of BTC investment that generates income.