Over the next 24 hours, Binance will be offering the “SOLV Protocol” (SOLV) token through a new platform called MegaDrop. Users can lock up their BNB and complete specific Web3 missions to receive airdrops of this token.
Binance MegaDrop is a new platform that integrates with Binance Simple Earn and Binance Wallet to provide users with a simple and efficient experience in participating in token launches. During this process, users can lock up their BNB and complete specific Web3 missions to receive airdrop rewards.
Regarding the SOLV Protocol tokenomics, the maximum supply of the SOLV token is 9,660,000,000 tokens, of which 8,400,000,000 tokens are the genesis supply. 7% of the genesis supply (588,000,000 tokens) will be distributed as MegaDrop rewards. At the time of Binance listing, the circulating supply of SOLV tokens will be 1,482,600,000, representing 17.65% of the genesis supply and 15.35% of the maximum supply.
To participate, users must have a Binance account and a Binance wallet. By locking BNB and completing Web3 missions, users can earn rewards, which will be transferred to their Binance Spot wallets.
For more information, please see the official Binance announcement.
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