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Bitcoin Exchange Binance Introduced the 3rd Project of the Megadrop Series! Here Are the Details

NBTCBy NBTC08/01/2025No Comments2 Mins Read

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Binance has announced the third project in its Megadrop series featuring Solv Protocol (SOLV), a Bitcoin staking platform focused on building a Bitcoin-centric financial ecosystem.

Solv Protocol (SOLV) Megadrop Launched on Binance

Starting from 07-01-2025 03:00, users can participate in the SOLV Megadrop by subscribing to BNB Locked Products or completing Web3 Tasks.

Basic Details of SOLV Megadrop

Participation Period:

07-01-2025 03:00 – 17-01-2025 02:59:59

BNB Locked Products:

Participants can maximize their Locked BNB Points by locking BNB before the event starts. Binance will take hourly snapshots of subscription amounts throughout the Megadrop period to determine rewards.

Web3 Tasks:

Users can also earn SOLV rewards by completing tasks such as staking Bitcoin tokens (BTCB) on the Solv Protocol.

SOLV Listing on Binance

Following the Megadrop, Binance will list Solv Protocol (SOLV) for trading on 2025-01-17 13:00. Trading pairs will include SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY, and a seed tag will be applied to the token.

SOLV Tokenomics

Maximum Token Supply: 9,660,000,000 SOLV

Genesis Token Supply: 8,400,000,000 SOLV (87% of maximum supply)

Megadrop Rewards: 588,000,000 SOLV (7% of Genesis supply)

Initial Circulating Supply: 1,482,600,000 SOLV (17.65% of genesis supply)

Megadrop rewards will be distributed to users’ Binance Spot Accounts, and they will be able to view their earnings once the event is complete.

What is Solv Protocol?

Solv Protocol is a groundbreaking Bitcoin staking platform that aims to create a robust financial ecosystem centered on Bitcoin. With its innovative approach, Solv Protocol aims to expand the use and adoption of Bitcoin through staking solutions and governance-focused offerings.

*This is not investment advice.

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NBTC

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