According to a research report from Binance Research on the Bitcoin staking protocol Solv Protocol, Solv Protocol has raised approximately $24 million through 4 rounds of private placement, of which 28.86% of the genesis token supply has been sold. As of December 31, 2024, the maximum token supply of SOLV is 9.66 billion (dynamic, potentially increased through the DAO governance of the Bitcoin reserve fundraising program). The total genesis supply of SOLV is 8.4 billion. The circulating supply after listing on Binance will be 1.4826 billion.
The distribution of SOLV tokens is as follows:
Binance Megadrop: 7.00% of the total genesis supply; 6.09% of the maximum supply;
Community Airdrop: 8.50% of the total genesis supply; 7.39% of the maximum supply;
Team and Advisors: 13.00% of the total genesis supply; 11.30% of the maximum supply;
Community Rewards & DAO Treasury: 18.00% of the total genesis supply; 15.65% of the maximum supply;
Community Rewards (External Partners): 8.50% of the total genesis supply; 7.39% of the maximum supply;
Ecosystem Development: 8.14% of the total genesis supply; 7.08% of the maximum supply;
Business Development: 4.00% of the total genesis supply; 3.48% of the maximum supply;
Vesting Voucher Holders: 1.00% of the total genesis supply; 0.87% of the maximum supply;
Private Investors: 28.86% of the total genesis supply; 25.10% of the maximum supply;
Liquidity: 3.00% of the total genesis supply; 2.61% of the maximum supply;
Bitcoin Reserve Fundraising Program: 0.00% of the total genesis supply; 13.04% of the maximum supply.

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