Solv Protocol is a decentralized platform that bridges liquidity across DeFi, CeFi, and TradFi, offering diverse asset classes and yield opportunities. 🔥🚀
The SOLV token serves as the native utility token of Solv Protocol.
Token Supply and Allocation:
Maximum Token Supply: 9,660,000,000 SOLV. This cap may be increased through network governance, particularly for Bitcoin reserve fundraising plans.
Total Initial Token Supply: 8,400,000,000 SOLV, representing approximately 86.96% of the maximum token supply.
Community Airdrop: 588,000,000 SOLV (7% of the total initial token supply, 6.09% of the maximum token supply) are allocated for community distribution.
Pre-sale Allocation: An additional 588,000,000 SOLV (7% of the total initial token supply) are designated for pre-sale purposes.
Project Partners: 1,800,000,000 SOLV (21.43% of the total initial token supply) are reserved for project partners.
Liquidity and Future Developments: 5,424,000,000 SOLV (64.57% of the total initial token supply) are allocated for liquidity provision and future development initiatives.
Circulating Supply at Listing:
Upon listing on Binance, the initial circulating supply is expected to be 1,482,600,000 SOLV, which constitutes 17.65% of the total initial token supply and 15.35% of the maximum token supply.
Recent Developments:
Solv Protocol successfully raised $11 million in a strategic funding round on October 14, 2024, with a valuation of $200 million.
The SOLV token is scheduled to be listed on Binance on January 17, 2025, at 10:00 UTC, with trading pairs including SOLV/USDT.
These details provide a comprehensive overview of Solv Protocol's tokenomics, reflecting its strategic allocation and recent milestones in the cryptocurrency ecosystem.
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