#BinanceMegadropSolv
Binance has launched its third Megadrop project featuring Solv Protocol (SOLV), a Bitcoin staking protocol that integrates Bitcoin into DeFi ecosystems.
Megadrop Details:
Participation Period: January 7, 2025, 00:00 UTC to January 16, 2025, 23:59 UTC.
Total Reward Pool: 588 million SOLV tokens, representing 7% of the genesis token supply.
Individual Reward Cap: Up to 4.7 million SOLV tokens per user.
How to Participate:
1. BNB Locked Products: Stake BNB in Locked Products on Binance. Longer staking periods yield higher scores, increasing potential SOLV rewards.
2. Web3 Quests: Complete specific tasks, such as staking BTCB on Solv Protocol, to boost your score.
Reward Calculation Formula:
Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus.
Important Dates:
Reward Distribution: Rewards will be distributed to participants' Binance spot wallets on January 17, 2025, at 13:00 UTC.
SOLV Token Listing: Binance will list SOLV for trading on January 17, 2025, at 10:00 UTC, with pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
About Solv Protocol:
Solv Protocol is a decentralized platform focused on providing liquidity and yield infrastructure for digital assets, aiming to unlock the full potential of over $1 trillion in Bitcoin assets by integrating Bitcoin into DeFi ecosystems.
For detailed participation instructions and more information, please refer to Binance's official announcement.