# Enable SolvBTC.ena/SolvBTC (0.05% fee tier) V3 gauge on Arbitrum Chain

**URL:** <https://forum.pancakeswap.finance/t/enable-solvbtc-ena-solvbtc-0-05-fee-tier-v3-gauge-on-arbitrum-chain/637>\
**Category:** Gauges\
**Created:** [June 21, 2024, 9:58am UTC](https://forum.pancakeswap.finance/t/enable-solvbtc-ena-solvbtc-0-05-fee-tier-v3-gauge-on-arbitrum-chain/637 "2024-06-21T09:58:26Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![SolvProtocol](https://avatars.discourse-cdn.com/v4/letter/s/aeb1de/32.png) [@SolvProtocol](https://forum.pancakeswap.finance/u/SolvProtocol)\
**Post date:** [June 21, 2024, 9:58am UTC](https://forum.pancakeswap.finance/t/enable-solvbtc-ena-solvbtc-0-05-fee-tier-v3-gauge-on-arbitrum-chain/637/1 "2024-06-21T09:58:26Z")

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## Overview

- Proposal to enable SolvBTC.ena/SolvBTC 0.05% V3 gauge on Arbitrum Chain.

## Background

- SolvBTC, the one-stop shop for the best bitcoin yields and the key to BTCFi on every chain
- SolvBTC.ena is a liquid yield token that integrates with various DeFi protocols, paving the way for a thriving BTCFi ecosystem.
- To better support the synergies of SolvBTC and SolvBTC.ena on Arbitrum Chain, a decent liquidity pool is necessary to be established.

## Details

1. \*\*[Boost Multiplier and Emission Cap %]  
1.00x boost multiplier and 0.5% emission cap

2. **Audits** :  
[GitHub - solv-finance/Audit: Audit reports of SOLV Protocol](https://github.com/solv-finance/Audit)

3. **Token Utility** :  
SolvBTC is minted from WBTC on Arbitrum Chain, pegged 1:1 to BTC  
SolvBTC.ena is a liquid yield token on top of SolvBTC.

4. **Volatility** :  
SolvBTC will have its redeem feature activated later, so users may redeem SolvBTC back to WBTC 1:1 by then.  
The price of SolvBTC.ena will be increasing against SolvBTC(WBTC) according to the net vaule of SolvBTC Ethena Vault([Solv App - The Future of Bitcoin Finance](https://app.solv.finance/solvbtc)).

5. **Oracles** :  
We’re working with RedStone for the Oracles development of SolvBTC and SolvBTC.ena on Arbitrum.

6. **Control** :  
0x81a90E44d81D8baFa82D8AD018F1055BB41cF41c

7. **Merit** : How will this proposal benefit PancakeSwap (fees, marketing, users, etc.)?  
Solv Point System will reward the users who provide liquidity for SolvBTC/SolvBTC.ena with 10xp/$

8. **Vault Strategy (for Position Managers only)**: What strategy does the vault use? Broadly, how does it work? Please share documentation if possible

## Links

1. Token address  
SolvBTC: 0x3647c54c4c2c65bc7a2d63c0da2809b399dbbdc0  
SolvBTC.ena: 0xaFAfd68AFe3fe65d376eEC9Eab1802616cFacCb8
2. Liquidity pool address  
[PancakeSwap](https://pancakeswap.finance/info/v3/arb/pairs/0x04a35d7920f2f2ff9faa447ff8cfad47fc7ced2b?chain=arb)
3. Position manager vault address (if applicable)
4. Website  
[Solv App – Decentralized Liquidity Infrastructure](https://app.solv.finance/solvbtc)
5. Socials  
[https://twitter.com/SolvProtocol](https://twitter.com/SolvProtocol)
6. Documentation  
[What is Solv? | Solv Documentation](https://docs.solv.finance/solv-documentation)
7. Github  
[solv-finance · GitHub](https://github.com/solv-finance)
8. Any other relevant links

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<div class="post-metadata">

**Author:** ![ChefBaby](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.pancakeswap.finance/chefbaby/32/187_2.png) [@ChefBaby](https://forum.pancakeswap.finance/u/ChefBaby)\
**Post date:** [July 2, 2024, 8:52am UTC](https://forum.pancakeswap.finance/t/enable-solvbtc-ena-solvbtc-0-05-fee-tier-v3-gauge-on-arbitrum-chain/637/2 "2024-07-02T08:52:02Z")

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Thank you for your application! The Kitchen has enabled the SolvBTC.ena/SolvBTC (0.05% fee tier) V3 gauge on Arbitrum with 1x boost multiplier and 0.5% emissions cap.