BitVault Overview
Institutional-grade, BTC-backed money
BitVault is a decentralized finance (DeFi) protocol pioneering a crypto-native monetary system through its overcollateralized, BTC-backed stablecoin, bvUSD, and its yield-bearing counterpart, sbvUSD. Designed for institutional-grade use, the protocol offers loan-to-value-secured stablecoins that can be deployed into actively managed yield strategies curated by top-tier capital managers with sbvUSD. BitVault’s smart contracts are managed by the same core contributors of VaultCraft (www.vaultcraft.io), an institutional-grade, tokenized yield protocol that's been audited with $120M+ TVL.
Resources: Website - www.bitvault.finance X - https://x.com/BitVaultFinance Telegram - t.me/bitvaultfinance
Overview
BitVault's bvUSD is an LTV-secured stablecoin backed primarily by Bitcoin derivatives, providing a scalable alternative to existing centralized and decentralized stablecoin offering. Unlike traditional fiat stablecoins such as USDC or USDT, bvUSD is collateralized by crypto assets and employs various stability mechanisms to maintain its peg.
bvUSD
bvUSD is backed 2:1 by Bitcoin and can also be minted with USDC or USDT. It is designed to maintain a stable value through various mechanisms, including over-collateralization, multi-collateral support, controlled minting and redemption, and automated liquidation.
sbvUSD
sbvUSD is the yield-bearing version of bvUSD, offering exposure to a diversified set of institutional-grade, market-neutral strategies executed across both CeFi and DeFi venues. Backed by bvUSD, USDT, and USDT, sbvUSD allocates capital into delta-neutral, market-making, and basis trading strategies to deliver consistent, uncorrelated returns. A portion of the portfolio is also allocated to tokenized private credit and real-world asset (RWA) opportunities, providing on-chain access to institutional yield from short-duration, overcollateralized credit portfolios managed by professional asset managers.
Permissioned Design
BitVault's permissioned approach aims to address challenges faced by fully decentralized stablecoins, including scalability issues, mechanism design flaws, and lack of user incentives. By combining traditional financial infrastructure with decentralized elements, BitVault seeks to create a more sustainable and scalable stablecoin solution.
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