# Enable SolvBTC.JUP/SolvBTC (0.05% fee tier) V3 gauge on BNB Chain

**URL:** <https://forum.pancakeswap.finance/t/enable-solvbtc-jup-solvbtc-0-05-fee-tier-v3-gauge-on-bnb-chain/1200>\
**Category:** Gauges\
**Created:** [March 20, 2025, 4:28pm UTC](https://forum.pancakeswap.finance/t/enable-solvbtc-jup-solvbtc-0-05-fee-tier-v3-gauge-on-bnb-chain/1200 "2025-03-20T16:28:25Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Ray](https://avatars.discourse-cdn.com/v4/letter/r/e9a140/32.png) [@Ray](https://forum.pancakeswap.finance/u/Ray)\
**Post date:** [March 20, 2025, 4:28pm UTC](https://forum.pancakeswap.finance/t/enable-solvbtc-jup-solvbtc-0-05-fee-tier-v3-gauge-on-bnb-chain/1200/1 "2025-03-20T16:28:25Z")

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## Overview

- Proposal to enable SolvBTC.JUP/SolvBTC 0.05% V3 gauge on BNB Chain.

## Background

- SolvBTC is a universal Bitcoin Reserve token that unifies fragmented Bitcoin liquidity across different blockchain networks. It provides a 1:1 backed Bitcoin reserve with transparent proof of reserves, giving Bitcoin holders access to DeFi ecosystems and yield opportunities across chains.
- SolvBTC.JUP is a liquid staking token for Bitcoin, allowing users to participate in a **delta-neutral trading strategy** by providing liquidity to the **Jupiter Liquidity Provider (JLP) Pool**. The JLP Pool is used by traders for leveraged trading, while SolvBTC.JUP minimizes exposure to market fluctuations through hedging on centralized exchanges (CEXes). In return, users earn yields generated from trading fees, borrowing fees, and other pool activities, all while benefiting from active risk management to ensure stability and consistent returns.

## 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 BTCB on BNB Chain, pegged 1:1 to BTC  
SolvBTC.JUP is a liquid staking token, minted from SolvBTC
4. **Volatility** :  
SolvBTC is now redeemable to BTCB 1:1  
The price of SolvBTC.JUP will be increasing against SolvBTC(BTCB) according to the yield from Jupiter.
5. **Oracles** :  
Chainlink, Redstone and Binance Oracle has been applied for SolvBTC and its LSTs.  
Please refer below link for more details:  
[https://docs.solv.finance/developer-guide/technical-architecture/price-oracle](https://docs.solv.finance/developer-guide/technical-architecture/price-oracle)
6. **Control** :  
0x0c2Bc4d2698820e12E6eBe863E7b9E2650CD5b7D  
Multisig 3/5
7. **Merit** : How will this proposal benefit PancakeSwap (fees, marketing, users, etc.)?  
Users will be able to access the unique BTC yield strategy provided by Solv Protocol, without KYC process
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: 0x4aae823a6a0b376de6a78e74ecc5b079d38cbcf7  
SolvBTC.Jup: 0x38a001e57430f781404fff7a81de4bd67d1f6117
2. Liquidity pool address  
[PancakeSwap](https://pancakeswap.finance/info/v3/pairs/0x833c1f9c305ec3f4974e7d04d90809d16b733612)
3. Position manager vault address (if applicable)
4. Website  
[Solv App – Decentralized Liquidity Infrastructure](https://app.solv.finance/babylon)
5. Socials  
[x.com](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:** ![ChefMaroon](https://dub1.discourse-cdn.com/flex005/user_avatar/forum.pancakeswap.finance/chefmaroon/32/9_2.png) [@ChefMaroon](https://forum.pancakeswap.finance/u/ChefMaroon)\
**Post date:** [March 25, 2025, 1:43pm UTC](https://forum.pancakeswap.finance/t/enable-solvbtc-jup-solvbtc-0-05-fee-tier-v3-gauge-on-bnb-chain/1200/2 "2025-03-25T13:43:13Z")

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Thank you for submitting your application. After our internal review, we are not able to offer you a gauge at this point.

We can re-evaluate your application once the pool gains more market traction.
