Binance has introduced Solv Protocol (SOLV) as the third project on its Megadrop platform, offering users the opportunity to earn SOLV tokens through BNB Locked Products and Web3 Quests.
Key Details:
Token Supply:
Maximum: 9,660,000,000 SOLV
Genesis: 8,400,000,000 SOLV (86.96% of max supply)
Megadrop Rewards: 588,000,000 SOLV (7% of genesis supply, 6.09% of max supply)
Initial Circulating Supply at Listing: 1,482,600,000 SOLV (17.65% of genesis supply, 15.35% of max supply)
Participation Steps:
Lock BNB:
Subscribe to BNB Locked Products on Binance Simple Earn; longer durations yield higher scores.
Complete Web3 Quests:
Set up a Binance Web3 Wallet and finish designated tasks to earn bonuses and multipliers.
Earn Rewards:
Rewards are distributed based on your Total Score relative to all participants.
Scoring Formula:
Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus
This initiative allows users to engage with Solv Protocol ahead of its official listing on Binance, providing early access to this Bitcoin-centric staking platform.
For comprehensive details, refer to Binance's official announcement.