Binance Launches Third Megadrop Featuring Solv Protocol (SOLV)
Binance has officially announced the third project in its highly anticipated Megadrop series, featuring the Solv Protocol (SOLV). This Bitcoin staking platform aims to create a Bitcoin-centric financial ecosystem with its innovative solutions. The Megadrop event offers users the chance to participate in exclusive opportunities and earn rewards.
Solv Protocol (SOLV) Megadrop Launched on Binance
Starting on 07-01-2025 at 03:00, users can join the SOLV Megadrop by subscribing to BNB Locked Products or completing Web3 tasks. This event provides a chance for Binance users to earn SOLV rewards through active participation.
Basic Details of SOLV Megadrop
- Participation Period: 07-01-2025 03:00 – 17-01-2025 02:59:59
- BNB Locked Products: Maximize 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: Earn SOLV rewards by completing tasks such as staking Bitcoin tokens (BTCB) on the Solv Protocol platform.
SOLV Listing on Binance
After the Megadrop, Solv Protocol (SOLV) will officially be listed on Binance for trading on 2025-01-17 at 13:00. The trading pairs will include:
- SOLV/USDT
- SOLV/BNB
- SOLV/FDUSD
- SOLV/TRY
A seed tag will also be applied to the SOLV token, indicating its significance within the Binance ecosystem.
SOLV Tokenomics
Solv Protocol (SOLV) has outlined its tokenomics with key details on its supply and distribution:
- 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)
The Megadrop rewards will be distributed to users’ Binance Spot Accounts, and users can view their earnings once the event concludes.
What is Solv Protocol?
Solv Protocol is a revolutionary Bitcoin staking platform that aims to build a comprehensive financial ecosystem around Bitcoin. By offering innovative staking solutions and governance-focused features, Solv Protocol strives to increase Bitcoin’s adoption and use within the crypto space. Its unique approach to Bitcoin staking helps users unlock new opportunities while contributing to a Bitcoin-centric financial system.