# Venus SolvBTC Borrowing Incentive Campaign

**URL:** <https://governance.solv.finance/t/venus-solvbtc-borrowing-incentive-campaign/54>\
**Category:** Grants\
**Tags:** campaign\
**Created:** [February 28, 2026, 4:00pm UTC](https://governance.solv.finance/t/venus-solvbtc-borrowing-incentive-campaign/54 "2026-02-28T16:00:00Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Solv-Protocol](https://yyz1.discourse-cdn.com/flex051/user_avatar/governance.solv.finance/solv-protocol/32/18_2.png) [@Solv-Protocol](https://governance.solv.finance/u/Solv-Protocol)\
**Post date:** [February 28, 2026, 4:00pm UTC](https://governance.solv.finance/t/venus-solvbtc-borrowing-incentive-campaign/54/1 "2026-02-28T16:00:00Z")

</div>

## **Overview**

Solv Foundation is launching a borrowing incentive program to reward users who supply SolvBTC on Venus Protocol (BNB Chain) and borrow supported assets (BTCB, BNB, ETH, USDT, USDC).

The program provides a 1% APR yield incentive (paid in $SOLV) on eligible borrowed amounts, with daily and monthly reward caps to ensure fair and sustainable distribution.

This campaign aims to increase SolvBTC usage and liquidity depth on Venus.

## **Campaign Period**

- Start: March 1, 2026 at 00:00 UTC
- End: May 31, 2026 at 23:59 UTC

## **Eligibility Conditions**

To qualify for daily incentives, a user’s Venus position must satisfy all of the following at the time of the daily snapshot:

1. Supply at least 0.1 SolvBTC (positions below this threshold receive no incentive that day)
2. Borrow one or more of the following assets: BTCB, BNB, ETH, USDT, USDC, U

No E-mode requirement — the position can be in normal mode or E-mode.

## **Incentive Mechanics**

Users earn a 1% annualized yield incentive on their eligible borrow amount, paid out in $SOLV.

Daily incentive calculation logic (snapshot-based):

1. Snapshot captures:
2. SolvBTC supplied amount and USD value
3. Borrowed amounts and USD values of BTCB / BNB / ETH / USDT / USDC
4. Determine eligible borrow value:
5. If Total borrowed value \< SolvBTC supplied value → eligible borrow = total borrowed value
6. If Total borrowed value ≥ SolvBTC supplied value → eligible borrow = SolvBTC supplied value × 70% (0.7 haircut)
7. Daily incentive (in USD) = eligible borrow × (1% / 365)
8. Daily $SOLV accrual is calculated but held until final distribution.

## **Caps & Pro-Rata Distribution**

- Total campaign cap: $240,000 USD worth of $SOLV (hard cap across the entire program)

Pro-rata rule:

- If the total accrued incentives across all users exceed $240,000 by the end of the campaign, final distributed rewards are scaled pro-rata based on each user’s share of the total accrued incentive value: (User’s total accrued incentive USD / Total accrued incentive USD of all users) × $240,000
- → then converted to $SOLV using the campaign-end price

Distribution & Price Calculation

- Incentives are calculated and accrued daily via snapshot throughout the campaign.
- All accrued $SOLV rewards are distributed at the end of the campaign (shortly after May 31, 2026).
- Conversion to $SOLV tokens occurs using the 7-day average $SOLV price prior to the distribution date (the actual date when rewards are made claimable / sent).
- Claim window: TBD (unclaimed tokens return to Community Rewards & DAO Treasury)

How to Participate

1. Visit Venus Protocol on BNB Chain
2. Supply SolvBTC (minimum 0.1 to qualify for incentives)
3. Borrow BTCB, BNB, ETH, USDT, and/or USDC
4. Keep the position active — incentives are calculated daily as long as ≥0.1 SolvBTC remains supplied

Important notes:

- If SolvBTC supply drops below 0.1 on any day → no incentive accrual that day
- Withdrawing SolvBTC or repaying borrows reduces or stops accrual accordingly

| Overview | Value |
| --- | --- |
| Minimum SolvBTC supply | 0.1 SolvBTC |
| Supported borrow assets | BTCB, BNB, ETH, USDT, USDC, U |
| Incentive rate | 1% APR on eligible borrow |
| Eligible borrow cap factor | - If Total borrowed value \< SolvBTC supplied value → eligible borrow = total borrowed value - If Total borrowed value ≥ SolvBTC supplied value → eligible borrow = SolvBTC supplied value × 70% (0.7 haircut) |
| Total campaign cap | $240,000 USD worth of $SOLV |
| Pro-rata trigger | When total accrued incentives \> $240,000 |
| Reward token | $SOLV |
| Accrual | Daily (snapshot-based) |
| Price used for conversion | 7-day average $SOLV price prior to distribution date |
| Distribution | At the end of the campaign (shortly after May 31, 2026) |
| Claim window | TBD |
| Campaign start | March 1, 2026 00:00 UTC |
| Campaign end | May 31, 2026 23:59 UTC |

## Why Participate?

- Earn an extra 1% APR in $SOLV on your borrows
- Simple and flexible: just supply SolvBTC and borrow supported assets
- Help grow SolvBTC liquidity on Venus while collecting ecosystem rewards