#BinanceMegadropSolv
Binance has launched its third Megadrop event, featuring Solv Protocol (SOLV), a Bitcoin staking protocol that integrates Bitcoin into decentralized finance (DeFi) ecosystems.
Key Dates:
Participation Period: January 7, 2025, 00:00 UTC to January 17, 2025, 00:00 UTC.
SOLV Listing on Binance: January 17, 2025, 10:00 UTC, with trading pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
How to Participate:
1. Subscribe to BNB Locked Products:
Lock your BNB in Binance's Locked Products before the snapshot period begins to earn rewards.
2. Complete Web3 Quests:
Tasks include staking a minimum of 0.0001 BTCB on Solv Protocol.
Ensure your Binance Web3 Wallet is set up and funded with BTCB and BNB (for gas fees).
Detailed staking guide available here:
Reward Calculation:
Your total score is determined by the amount of BNB locked and completion of Web3 quests.
Formula: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus.
Higher scores increase your allocation of SOLV tokens.
Important Notes:
Ensure your Binance Web3 Wallet is KYC-verified and backed up.
Maintain sufficient BNB in your wallet to cover transaction fees.
Rewards will be distributed to participants' Binance Spot Accounts starting January 17, 2025.
For more information and to participate, visit the Binance Megadrop page:
*Disclaimer: Participation in cryptocurrency events involves risks. Ensure you understand the terms and conditions before participating.*
