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@Warlocks
Butter Croissant 🥐 Baked on-chain.
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I've completed the #BNB Chain Developer Specialization, a program that provides a comprehensive education in blockchain technology. This program equips me with the necessary skills to become a proficient blockchain engineer, covering topics such as blockchain fundamentals, BNB Chain specifics, Web3 development, Solidity programming (for creating smart contracts), and digital assets.
Finally! #Megadrop #SolV
Binance Announcement
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Solv Protocol (SOLV) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate!
IMPORTANT: Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. Users can start participating in the SOLV Megadrop from 2025-01-07 00:00:00 (UTC). The SOLV Megadrop page is estimated to be available on the Binance App in 12 hours.
Binance will then list Solv Protocol (SOLV) at 2025-01-17 10:00 (UTC) and open trading with SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY trading pairs. The seed tag will be applied to SOLV.
SOLV Megadrop Period:
2025-01-07 00:00:00 (UTC) to 2025-01-16 23:59:59 (UTC)BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2025-01-07 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period.Web3 Quest 1: “Stake 0.0001 BTCB on Solv Protocol” (Tutorial) 2025-01-17 06:00:00 (UTC)Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Account.
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply, 6.09% of max token supply)Initial Circulating Supply When Listed on Binance Spot: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)Research Report: Solv Protocol (SOLV)User Eligibility: KYC required in eligible jurisdictions
Hard Cap per User: 4,704,000 SOLVRewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest BonusLocked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100) + (Average DeFi BNB Assets Amount * 30)Web3 Quest Multiplier: 1.5Web3 Quest Bonus: 500
How to Get Started With Binance Megadrop*:
Log into your Binance account.Subscribe to BNB Locked Products and/or complete all designated Web3 Quest(s) via Megadrop on the Binance App to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Wallet (keyless). Create your first Binance Wallet (keyless) now if you have not yet done so.After completing all the designated Web3 Quest(s), tap on the [Verify] button at the Megadrop project page before the Quest Period ends to successfully obtain the Web3 Quest Bonus and Web3 Quest Multiplier.Receive Megadrop rewards based on your Total Score.
*Notes:
External wallets imported to Binance Wallet (keyless) will not count. Only Multi-Party Computation (MPC) wallets that are created in Binance Wallet (keyless) may participate in Megadrop events. About BNB Locked ProductsFor the calculations of Locked BNB Score, the "30 Days" multiplier will apply to all BNB Locked Products subscriptions with a duration of less than 30 days (e.g., 15 days).Users will receive different scores for each active subscription based on the subscription period. The longer the duration, the higher the Locked BNB Score. Refer to the BNB Locked Products page for the latest APRs and maximum subscription limits.Users may receive Megadrop, Launchpool rewards, and HODLer Airdrops at the same time (where applicable). There is no need to redeem BNB Locked Products positions to participate in Launchpools or HODLer Airdrops. BNB Flexible Products assets will not count toward the Megadrop score calculation.
Solv Protocol (SOLV) Project Links:
WebsiteWhitepaperXMedium
Further Information:
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 QuestsWhat Is Binance MegadropWhat Is Binance Wallet and How Does It WorkHow to Back Up Your Binance WalletFrequently Asked Questions on Megadrop and BNB Locked Products
Terms & Conditions:
Only users who complete identity verification in eligible jurisdictions may participate in the Solv Protocol (SOLV) Megadrop. During the BNB Locked Products Snapshot Period, snapshots of users’ BNB Locked Products subscription amounts will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate users’ Locked BNB Score. Locked BNB Score will be updated on a daily basis.Each sub-account will not be viewed as an independent account when participating in this Megadrop. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.Trading Bots, Spot Copy Trading, and Spot Algo Order services will be enabled for the aforementioned token within 12 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.Staked Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance MPC Wallet will be supported in Megadrop reward calculation.Please note that some features of Megadrop may not be available in every country due to regional restrictions. This includes, but is not limited to, Binance Wallet (keyless) access or participation in Simple Earn. Therefore it is possible that only some features of the Megadrop platform may be available in users’ regions, and users may have partial access to the Megadrop platform. Currently, users residing in the following countries or regions will not be able to participate in Megadrop by subscribing to BNB Locked Products or completing Web3 Quests: For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, Lithuania, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Binance reserves the right to take any action if participants are found to commit the below behaviors, including but not limited to, wash trading, bulk account registration, self-dealing, etc.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-01-06
Note: This announcement was updated on 2025-01-06 to clarify that we are referring to Binance Wallet (keyless) in this announcement.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. Users can start participating in the SOLV Megadrop from 2025-01-07 00:00:00 (UTC). The SOLV Megadrop page is estimated to be available on the Binance App in 12 hours.
Binance will then list Solv Protocol (SOLV) at 2025-01-17 10:00 (UTC) and open trading with SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY trading pairs. The seed tag will be applied to SOLV.
SOLV Megadrop Period:
2025-01-07 00:00:00 (UTC) to 2025-01-16 23:59:59 (UTC)BNB Locked Products Snapshot Period: To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2025-01-07 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.Web3 Quest Period: Users may complete Web3 Quest(s) during the Quest Period.Web3 Quest 1: “Stake 0.0001 BTCB on Solv Protocol” (Tutorial) 2025-01-17 06:00:00 (UTC)Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Account.
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply, 6.09% of max token supply)Initial Circulating Supply When Listed on Binance Spot: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)Research Report: Solv Protocol (SOLV)User Eligibility: KYC required in eligible jurisdictions
Hard Cap per User: 4,704,000 SOLVRewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest BonusLocked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount * 130) + (Average 90-day BNB Locked Amount * 120) + (Average 60-day BNB Locked Amount * 110) + (Average 30-day BNB Locked Amount * 100) + (Average DeFi BNB Assets Amount * 30)Web3 Quest Multiplier: 1.5Web3 Quest Bonus: 500
How to Get Started With Binance Megadrop*:
Log into your Binance account.Subscribe to BNB Locked Products and/or complete all designated Web3 Quest(s) via Megadrop on the Binance App to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Wallet (keyless). Create your first Binance Wallet (keyless) now if you have not yet done so.After completing all the designated Web3 Quest(s), tap on the [Verify] button at the Megadrop project page before the Quest Period ends to successfully obtain the Web3 Quest Bonus and Web3 Quest Multiplier.Receive Megadrop rewards based on your Total Score.
*Notes:
External wallets imported to Binance Wallet (keyless) will not count. Only Multi-Party Computation (MPC) wallets that are created in Binance Wallet (keyless) may participate in Megadrop events. About BNB Locked ProductsFor the calculations of Locked BNB Score, the "30 Days" multiplier will apply to all BNB Locked Products subscriptions with a duration of less than 30 days (e.g., 15 days).Users will receive different scores for each active subscription based on the subscription period. The longer the duration, the higher the Locked BNB Score. Refer to the BNB Locked Products page for the latest APRs and maximum subscription limits.Users may receive Megadrop, Launchpool rewards, and HODLer Airdrops at the same time (where applicable). There is no need to redeem BNB Locked Products positions to participate in Launchpools or HODLer Airdrops. BNB Flexible Products assets will not count toward the Megadrop score calculation.
Solv Protocol (SOLV) Project Links:
WebsiteWhitepaperXMedium
Further Information:
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 QuestsWhat Is Binance MegadropWhat Is Binance Wallet and How Does It WorkHow to Back Up Your Binance WalletFrequently Asked Questions on Megadrop and BNB Locked Products
Terms & Conditions:
Only users who complete identity verification in eligible jurisdictions may participate in the Solv Protocol (SOLV) Megadrop. During the BNB Locked Products Snapshot Period, snapshots of users’ BNB Locked Products subscription amounts will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate users’ Locked BNB Score. Locked BNB Score will be updated on a daily basis.Each sub-account will not be viewed as an independent account when participating in this Megadrop. Sub-accounts’ subscription amount will be combined with the master account’s standard subscription amount.Trading Bots, Spot Copy Trading, and Spot Algo Order services will be enabled for the aforementioned token within 12 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.Staked Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance MPC Wallet will be supported in Megadrop reward calculation.Please note that some features of Megadrop may not be available in every country due to regional restrictions. This includes, but is not limited to, Binance Wallet (keyless) access or participation in Simple Earn. Therefore it is possible that only some features of the Megadrop platform may be available in users’ regions, and users may have partial access to the Megadrop platform. Currently, users residing in the following countries or regions will not be able to participate in Megadrop by subscribing to BNB Locked Products or completing Web3 Quests: For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, Lithuania, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Binance reserves the right to take any action if participants are found to commit the below behaviors, including but not limited to, wash trading, bulk account registration, self-dealing, etc.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-01-06
Note: This announcement was updated on 2025-01-06 to clarify that we are referring to Binance Wallet (keyless) in this announcement.
How many $ETH you've been lost because of #DOP ?
The Rise and Fall of DOP (Data Ownership Protocol): A Cautionary Tale of Investor Disappointment
The cryptocurrency space, known for its volatility and innovation, occasionally becomes the stage for dramatic tales of investment gone wrong. One such story revolves around the Data Ownership Protocol (DOP), a project that promised to revolutionize data privacy and ownership on the Ethereum blockchain but has left many investors feeling betrayed and scammed.
What is DOP?
DOP was introduced as a protocol aimed at enhancing user control over personal data. By leveraging blockchain technology, DOP was supposed to allow individuals to manage, monetize, and protect their data more effectively, positioning itself as a beacon of privacy in the digital age. The project attracted significant attention during its testnet phase, promising airdrops and an innovative approach to data ownership.
The Promise and the Pitfalls:
Initially, DOP managed to garner a substantial following, with investors drawn by the allure of participating in a private sale where tokens were sold at $0.08 each. However, the reality of DOP's execution was far from its promises:
Airdrop Disappointment: After engaging users with tasks during the testnet phase, the expected airdrops did not materialize as expected, leading to early signs of mistrust.Private Sale Deception: Investors who bought into the private sale found themselves in a bind as the project's launch on centralized exchanges (CEXes) led to a drastic drop in token value. Tokens that were sold at $0.08 during the sale were trading at $0.013 upon listing, resulting in an 85% loss for many early investors. This stark contrast between the sale price and the listing price has been a point of contention.Lack of Transparency: There was a notable absence of detailed tokenomics or a fully disclosed FDV (Fully Diluted Valuation), which are crucial for investor confidence. The sudden listing with significantly lower value than the sale price raised flags about the project's integrity.
Community Backlash:
The fallout was swift and harsh. On platforms like Reddit, particularly in the r/ethtrader community, DOP faced significant criticism:
User Testimonies: Many users expressed regret and anger over their investments. One user highlighted the stark contrast in token price from the private sale to public listing, decrying the project as a blatant scam.Calls for Accountability: There have been calls for greater scrutiny of such projects, with community members advocating for better due diligence and transparency in the crypto space to avoid similar incidents.
Lessons Learned:
The DOP scenario underscores several critical lessons for the crypto community:
Due Diligence: Investors must perform thorough research beyond the hype. Transparent tokenomics, team background, and project roadmap are non-negotiable for serious investment considerations.Skepticism Towards Promises: The crypto market is rife with projects that promise much but deliver little. A healthy dose of skepticism can protect investors from falling for scams.Community and Governance: Decentralized platforms like Ethereum and its community-driven subreddits play a crucial role in exposing and discussing potential scams, promoting a collective defense against fraudulent projects.
Conclusion:
DOP's journey from a promising blockchain initiative to a case study in investor caution serves as a stark reminder of the risks inherent in the crypto investment landscape. While the innovation in blockchain technology continues to drive forward, the story of DOP reminds us of the importance of vigilance, due diligence, and community oversight in navigating this complex and often treacherous terrain.
Disclaimer: This article is based on community feedback and public data available online. Always conduct your own research and consider professional advice before making investment decisions. #Write2Earn #DOP $BTC $BNB
What is DOP?
DOP was introduced as a protocol aimed at enhancing user control over personal data. By leveraging blockchain technology, DOP was supposed to allow individuals to manage, monetize, and protect their data more effectively, positioning itself as a beacon of privacy in the digital age. The project attracted significant attention during its testnet phase, promising airdrops and an innovative approach to data ownership.
The Promise and the Pitfalls:
Initially, DOP managed to garner a substantial following, with investors drawn by the allure of participating in a private sale where tokens were sold at $0.08 each. However, the reality of DOP's execution was far from its promises:
Airdrop Disappointment: After engaging users with tasks during the testnet phase, the expected airdrops did not materialize as expected, leading to early signs of mistrust.Private Sale Deception: Investors who bought into the private sale found themselves in a bind as the project's launch on centralized exchanges (CEXes) led to a drastic drop in token value. Tokens that were sold at $0.08 during the sale were trading at $0.013 upon listing, resulting in an 85% loss for many early investors. This stark contrast between the sale price and the listing price has been a point of contention.Lack of Transparency: There was a notable absence of detailed tokenomics or a fully disclosed FDV (Fully Diluted Valuation), which are crucial for investor confidence. The sudden listing with significantly lower value than the sale price raised flags about the project's integrity.
Community Backlash:
The fallout was swift and harsh. On platforms like Reddit, particularly in the r/ethtrader community, DOP faced significant criticism:
User Testimonies: Many users expressed regret and anger over their investments. One user highlighted the stark contrast in token price from the private sale to public listing, decrying the project as a blatant scam.Calls for Accountability: There have been calls for greater scrutiny of such projects, with community members advocating for better due diligence and transparency in the crypto space to avoid similar incidents.
Lessons Learned:
The DOP scenario underscores several critical lessons for the crypto community:
Due Diligence: Investors must perform thorough research beyond the hype. Transparent tokenomics, team background, and project roadmap are non-negotiable for serious investment considerations.Skepticism Towards Promises: The crypto market is rife with projects that promise much but deliver little. A healthy dose of skepticism can protect investors from falling for scams.Community and Governance: Decentralized platforms like Ethereum and its community-driven subreddits play a crucial role in exposing and discussing potential scams, promoting a collective defense against fraudulent projects.
Conclusion:
DOP's journey from a promising blockchain initiative to a case study in investor caution serves as a stark reminder of the risks inherent in the crypto investment landscape. While the innovation in blockchain technology continues to drive forward, the story of DOP reminds us of the importance of vigilance, due diligence, and community oversight in navigating this complex and often treacherous terrain.
Disclaimer: This article is based on community feedback and public data available online. Always conduct your own research and consider professional advice before making investment decisions. #Write2Earn #DOP $BTC $BNB
The Rise and Fall of DOP (Data Ownership Protocol): A Cautionary Tale of Investor Disappointment
The cryptocurrency space, known for its volatility and innovation, occasionally becomes the stage for dramatic tales of investment gone wrong. One such story revolves around the Data Ownership Protocol (DOP), a project that promised to revolutionize data privacy and ownership on the Ethereum blockchain but has left many investors feeling betrayed and scammed.
What is DOP?
DOP was introduced as a protocol aimed at enhancing user control over personal data. By leveraging blockchain technology, DO
What is DOP?
DOP was introduced as a protocol aimed at enhancing user control over personal data. By leveraging blockchain technology, DO
scam!
Το περιεχόμενο που αναφέρθηκε έχει αφαιρεθεί
is $GRASS will be on #Binance ?
Binance Wallet
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Touching 🌿 & 📱
Bullish
🔥 JUST IN : Chances of #Solana 💰 ETF Getting Approved in 2025 hit 80%.
#BIO Launchpool will end soon, what do you think about the price?
$0.9
71%
$1.8
0%
$3.4
29%
17 ψήφοι • Η ψηφοφορία ολοκληρώθηκε
paws related to not coin and dogs, of course it's possible listing on binance. imo.
Binance Community ....
GIVE ME A Instruction
Do you know About Paws 🐾 Airdrop..
Is it possible that paws list on the Binance ....
Give Answer in the comment....
GIVE ME A Instruction
Do you know About Paws 🐾 Airdrop..
Is it possible that paws list on the Binance ....
Give Answer in the comment....
#Megadrop is on fire. Bullish!
Binance Announcement
--
Introducing Solv Protocol (SOLV) on Binance Megadrop! Lock Your BNB and Complete Web3 Quests for Airdrop
IMPORTANT: Binance will be the first platform to list the token mentioned herein. The trading start time will be announced in a separate announcement. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. More details on the Megadrop amount, Web3 Quests, and detailed listing plan will be announced in a separate announcement soon.
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply, 6.09% of max token supply)Initial Circulating Supply When Listed on Binance Spot: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)Research Report: Solv Protocol (SOLV) (which will be available within 24 hours of publishing this announcement)
What is Binance Megadrop:
Binance Megadrop is a new token launch platform that seamlessly integrates Binance Simple Earn and the Binance Wallet, reinventing users' airdrop experience. Megadrop grants users early access to select Web3 projects before they are listed on Binance.
This unique combination of engagement, education and rewards positions Megadrop as an unparalleled interactive experience within both Binance and the broader crypto ecosystem.
How to Get Started with Binance Megadrop:
Log into your Binance account.Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Wallet. Register for a Binance account and create your first Binance Wallet now if you have not yet done so.Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores. Go to Megadrop on the Binance App (will be announced in the second announcement) and complete all the designated Web3 Quests to accrue scores and obtain a score multiplier.Receive Megadrop rewards based on your Total Score.
Score-Based Megadrop Mechanism:
Megadrop reward per qualified user will be based on the user’s Total Score in proportion to the Total Scores by all qualified users. Scoring System:Locked BNB Score: Users will receive a score based on the quantity of BNB subscribed and the length of the subscription period. Longer subscriptions yield higher scores. This score may fluctuate as it is based on averages from daily snapshots.Web3 Quest Bonus* and Web3 Quest Multiplier: Users will receive a Web3 Quest Bonus and a Web3 Quest Multiplier when they complete all the designated Web3 Quests with the minimum requirements specified. The system will calculate users’ Total Score by applying the Web3 Quest Multiplier to their total Locked BNB Score and then adding the Web3 Quest Bonus.Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
* If users do not finish all designated Web3 Quests, the multiplier will be 1.
Users may refer to the FAQ for more details.
Update on BNB Locked Products
In anticipation of Megadrop events in the future, Binance has updated the APRs and maximum subscription limits per user. Please check out BNB Locked Products for the latest changes.There will be a cap applied to the total BNB Locked Products subscription amount used in calculations of Locked BNB Score in all Megadrop events. More details will be provided in a separate announcement.
For each Megadrop, users will receive different scores for each active BNB Locked Products subscription they have, based on the length of the corresponding subscription period. The longer the duration, the higher your Locked BNB Score.
Subscribing to BNB Locked Products will allow users to accrue scores for Megadrop. Please note that BNB Flexible Products assets do not count toward the score calculation for Megadrop events.
Users who are participating in Megadrop by locking their BNB with Locked Products, will also receive Launchpool rewards and HODLer Airdrops at the same time. Users are not required to manually redeem their BNB assets from BNB Locked Products to participate in Launchpools or HODLer Airdrops.
Users may refer to Frequently Asked Questions on Megadrop and BNB Locked Products for more information.
Notes:
External wallets imported to Binance Wallet will not count. Only backed-up wallets that are created in Binance Wallet may participate in Megadrop. Users may go to the Megadrop project page (the page will be available in the second announcement) to check if a quest is completed successfully. Megadrop rewards will be airdropped to users’ Binance Spot Wallets
SOLV Project Links:
WebsiteWhitepaperXMedium
Further Information:
What Is Binance MegadropWhat Is Binance Wallet and How Does It WorkHow to Back Up Your Binance Wallet
Terms & Conditions:
Only users who complete identity verification and hold at least one active Binance Wallet may qualify for Megadrop rewards.Snapshots of users’ BNB Locked Products subscriptions will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate user rewards. User rewards will be updated on a daily basis.Users need to be from an eligible jurisdiction to participate in SOLV Megadrop. Currently, users residing in the following countries or regions will not be able to participate by subscribing to BNB Locked Products or completing Web3 Quests: For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Binance may at its sole and absolute discretion impose upper limits to the amount of rewarded tokens.Please refer to Binance Simple Earn Terms of Use prior to using BNB Locked Products on the Binance Simple Earn platform. Users may also view the FAQ on Simple Earn Locked Products for more information.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-12-30
Note: This announcement was amended on 2024-12-30 to clarify that BNB Flexible Products assets do not count toward the score calculation for Megadrop events.
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce the 3rd project on Binance Megadrop - Solv Protocol (SOLV), a Bitcoin staking protocol, building a Bitcoin-centric financial ecosystem. More details on the Megadrop amount, Web3 Quests, and detailed listing plan will be announced in a separate announcement soon.
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)Max Token Supply: 9,660,000,000 SOLV (dynamic, may increase via network governance for Bitcoin Reserve Offering)Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)Megadrop Token Rewards: 588,000,000 SOLV ( 7.00% of genesis token supply, 6.09% of max token supply)Initial Circulating Supply When Listed on Binance Spot: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)Research Report: Solv Protocol (SOLV) (which will be available within 24 hours of publishing this announcement)
What is Binance Megadrop:
Binance Megadrop is a new token launch platform that seamlessly integrates Binance Simple Earn and the Binance Wallet, reinventing users' airdrop experience. Megadrop grants users early access to select Web3 projects before they are listed on Binance.
This unique combination of engagement, education and rewards positions Megadrop as an unparalleled interactive experience within both Binance and the broader crypto ecosystem.
How to Get Started with Binance Megadrop:
Log into your Binance account.Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores. To complete Web3 Quests, make sure you have at least one active Binance Wallet. Register for a Binance account and create your first Binance Wallet now if you have not yet done so.Complete subscriptions to BNB Locked Products on Simple Earn to accrue scores. Go to Megadrop on the Binance App (will be announced in the second announcement) and complete all the designated Web3 Quests to accrue scores and obtain a score multiplier.Receive Megadrop rewards based on your Total Score.
Score-Based Megadrop Mechanism:
Megadrop reward per qualified user will be based on the user’s Total Score in proportion to the Total Scores by all qualified users. Scoring System:Locked BNB Score: Users will receive a score based on the quantity of BNB subscribed and the length of the subscription period. Longer subscriptions yield higher scores. This score may fluctuate as it is based on averages from daily snapshots.Web3 Quest Bonus* and Web3 Quest Multiplier: Users will receive a Web3 Quest Bonus and a Web3 Quest Multiplier when they complete all the designated Web3 Quests with the minimum requirements specified. The system will calculate users’ Total Score by applying the Web3 Quest Multiplier to their total Locked BNB Score and then adding the Web3 Quest Bonus.Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
* If users do not finish all designated Web3 Quests, the multiplier will be 1.
Users may refer to the FAQ for more details.
Update on BNB Locked Products
In anticipation of Megadrop events in the future, Binance has updated the APRs and maximum subscription limits per user. Please check out BNB Locked Products for the latest changes.There will be a cap applied to the total BNB Locked Products subscription amount used in calculations of Locked BNB Score in all Megadrop events. More details will be provided in a separate announcement.
For each Megadrop, users will receive different scores for each active BNB Locked Products subscription they have, based on the length of the corresponding subscription period. The longer the duration, the higher your Locked BNB Score.
Subscribing to BNB Locked Products will allow users to accrue scores for Megadrop. Please note that BNB Flexible Products assets do not count toward the score calculation for Megadrop events.
Users who are participating in Megadrop by locking their BNB with Locked Products, will also receive Launchpool rewards and HODLer Airdrops at the same time. Users are not required to manually redeem their BNB assets from BNB Locked Products to participate in Launchpools or HODLer Airdrops.
Users may refer to Frequently Asked Questions on Megadrop and BNB Locked Products for more information.
Notes:
External wallets imported to Binance Wallet will not count. Only backed-up wallets that are created in Binance Wallet may participate in Megadrop. Users may go to the Megadrop project page (the page will be available in the second announcement) to check if a quest is completed successfully. Megadrop rewards will be airdropped to users’ Binance Spot Wallets
SOLV Project Links:
WebsiteWhitepaperXMedium
Further Information:
What Is Binance MegadropWhat Is Binance Wallet and How Does It WorkHow to Back Up Your Binance Wallet
Terms & Conditions:
Only users who complete identity verification and hold at least one active Binance Wallet may qualify for Megadrop rewards.Snapshots of users’ BNB Locked Products subscriptions will be taken multiple times at any point of time each hour to get users’ hourly average subscriptions and calculate user rewards. User rewards will be updated on a daily basis.Users need to be from an eligible jurisdiction to participate in SOLV Megadrop. Currently, users residing in the following countries or regions will not be able to participate by subscribing to BNB Locked Products or completing Web3 Quests: For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United Kingdom, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region, Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.Please note that the list of excluded countries provided here is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Binance may at its sole and absolute discretion impose upper limits to the amount of rewarded tokens.Please refer to Binance Simple Earn Terms of Use prior to using BNB Locked Products on the Binance Simple Earn platform. Users may also view the FAQ on Simple Earn Locked Products for more information.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-12-30
Note: This announcement was amended on 2024-12-30 to clarify that BNB Flexible Products assets do not count toward the score calculation for Megadrop events.
Risk ratio is matter.
I experience same thing bruv, then I use VPN, paws loaded normally and I got my point back plus an extra 260K++
What do you think about that idiot #PAWS team action. Did you like that PAWS stolen game.
Prime members has advantage. #PAWS telegram mini app stuck bcz of over load.
Anyway that green idiot monster going to stole lot of peoples handwork.
Share your thoughts 💭 in comments.
#ReboundRally
Prime members has advantage. #PAWS telegram mini app stuck bcz of over load.
Anyway that green idiot monster going to stole lot of peoples handwork.
Share your thoughts 💭 in comments.
#ReboundRally