PANews, December 30 - According to the official announcement, Binance Megadrop has launched the third phase project - Solv Protocol (SOLV), a Bitcoin staking protocol focused on building a financial ecosystem centered around Bitcoin. Binance will list SOLV after the completion of Megadrop, with specific listing plans to be announced separately. Please stay tuned. Information on Megadrop quotas and Web3 task details will also be announced at that time.
According to the announcement, the maximum supply of SOLV tokens is 9.66 billion, with a total supply of genesis tokens at 8.4 billion (86.96% of the maximum token supply). The Megadrop token reward is 588 million tokens (7% of the total supply of genesis tokens, 6.09% of the maximum token supply). The initial circulation volume when Binance lists the spot is 1.4826 billion SOLV (17.65% of the total supply of genesis tokens, 15.35% of the maximum token supply).