How to Participate in Solv Protocol’s 150,000 SOLV Airdrop with Binance Web3 Wallet?

Binance Web3 Wallet is collaborating with Solv Protocol to distribute an exclusive 150,000 SOLV airdrop.

To participate, you’ll need to stake and lock a minimum of 0.0001 BTCB for SolvBTC on the BNB Chain via Solv Protocol between 2024-06-04 06:00 (UTC) and 2024-06-17 23:59 (UTC).

1. Create a Binance Web3 Wallet

You may skip these steps if you already have a backed-up Binance Web3 Wallet. Find out more about Binance Web3 Wallet here.

1. Download the Binance app and ensure it’s in the latest version. Register for a Binance account and complete identity verification.

2. Tap [Wallets] and go to the [Web3] tab.

3. Follow the instructions to create your Binance Web3 Wallet. Please note that you must back up your Web3 Wallet before moving on to the next step.

2. Deposit BTCB and BNB in your Binance Web3 Wallet

You’ll need to have at least 0.0001 BTCB on the BSC network in your Web3 Wallet before proceeding. Please note that you also must have some BNB to cover the gas fees.

1. Select the [Web3] tab and tap [Receive].

2. Select BTCB as the asset.

3. Tap [Transfer] to transfer BTC with BNB Smart Chain (BEP20) from your Spot Wallet to receive BTCB in your Web3 Wallet.

Please note that you’ll need at least 0.0001 BTCB to proceed with the task.

4. Make sure you have some BNB tokens worth $2-3 to cover the gas fees. You can tap [Transfer] to transfer BNB from your Spot Wallet to your Web3 Wallet.

For more details, please refer to How to Send and Receive Tokens on Binance Web3 Wallet?.

3. Join the campaign

1. On your Web3 Wallet homepage, go to [Discover] - [Airdrops]. Tap [Join Now] under the Solv campaign banner.

2. Tap into the campaign landing page and tap [Stake Now].

3. Tap [SolvBTC] - [Connect Wallet] to connect your Binance Web3 Wallet.

4. Switch to [BNB Chain], enter the amount of BTCB to stake. Please note that you need to stake a minimum of 0.0001 BTCB. Tap [Approve].

5. Tap [Stake] and confirm the transaction on your Binance Web3 Wallet.

6. You’ve successfully staked your BTCB.

7. You can check the staking records from [Portfolio].

When and how can I unstake my BTCB and receive SolvBTC?

The initial redemption period for campaign participants will commence in July. For the specific dates, please refer to the official announcement from Solv Protocol