Preface

The last big airdrop in the first half of the year, Solv Protocol, led by Binance, made its grand debut. The task is easy and simple. Just pledge to get the airdrop share. Don’t miss out on the good news. Are you ready? Follow Brother J and enter the world of cryptocurrency. ~


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Introduction to Solv Protocol

After a few weeks, Binance web3 wallet has once again launched a general airdrop task for us to participate in. This time the project is SOLV Protocol. Some people may be curious, will they be counterattacked if they do this? How much will they earn? What’s next? The video will tell you all the key points. Let’s first introduce what SOLV Protocol is. This is a decentralized asset management protocol that uses multiple chains, protocols and exchanges to replace the basics through the mechanism of trading strategy arbitrage. Assets obtain different income opportunities. You can get SolvBTC by depositing your own BTC, and use it as a tool to make money by interacting with major public chains and protocols to obtain investment reports. In addition, it is also a Bitcoin with its own income, which can be earned by itself. The annualized income of 5-10% will be a very distinctive feature among many projects.


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Participate in the process

Let’s start with the complete airdrop process. First open the Binance mobile app and enter the web3 wallet. We can see that in addition to Megadrop’s LISTA airdrop event, there is also this SOLV Protocol airdrop, which provides a total airdrop reward of 150,000 tokens. , accounting for 0.15% of the total circulation of 100 million, not too much. The end date of the event is 6/17 23:59 (UTC). Currency friends who have seen the video should also hurry up and participate. Click below to participate in the event and you can enter On the immediate pledge page, you can see that SOLV Protocol supports the Bitcoin mainnet, Binance chain, Arbitrum chain, and Merlin chain, and the TVL (total locked value) has reached 1.2 billion U. It is indeed a powerful Dapp. We must remember to start with Before proceeding, you must prepare 0.01 BNB of the BSC chain and 0.00011 BTCB, which is a little more than the specified amount of pledge, to avoid failure of the task. Then we connect the wallet, and the Deposit below can pledge our BTCB. The two are converted 1:1, and there will only be The loss on the gas fee will not affect the exchange price. Then click approve to approve the BTCB permission, and then Deposit will jump out of the contract interaction. After a while, it will show that we have officially deposited 0.00011 SolvBTC, and then rearrange the screen or jump out. After entering again, you will see that the Portfolio on the lower right will show whether the BTCB we staked has become Active. After all confirmations are completed, you can click on the verification task status and successfully complete our airdrop task this time.


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Summary notes

First of all, currency friends will want to ask, when can the pledged BTCB be released and transferred back to the wallet? The project team announced that it will be redeemable in early July. The date has not yet been determined. The group that can be locked will be notified as soon as possible. After we get it back, let’s look at how the tokens will be distributed. This time SOLV Protocol played a game with us. The reward will only be 50% first, and the rest will not be distributed until 3 months later. It is mandatory to lock up the positions for airdrop participants. , the advantage is that it will reduce the initial circulation volume, making the market price easy to rise, and greatly reducing the chance of being smashed. The launch date has not yet been determined, but Brother J estimates that the chance will be high around August. During this period Time will depend on whether the project team will find OKX or other exchanges to launch new activities or mine. What is the final estimated revenue? The token economics of $SOLV have not been announced, and currently only the total supply is The amount can be speculated. Binance’s previous two projects, $HLG and $ULTI, have a total diluted market value between 1-1 billion. $SOLV may fall around 3-5U through lock-up airdrop rewards and online planning. , and everyone should get 1-2 $SOLV tokens according to the task distribution. The gas fee spent this time is 1U, and they should not be counterattacked, unless there is an emergency that causes $SOLV to be used by everyone. Lower the rating, otherwise the chance of making money is still quite high. If you still want to know about the calculation of new currency online, you are welcome to join the group to discuss together. Brother J will also continue to launch demonstrations on the operation of various Web3 tasks on Binance and the use of various airdrops. All currency friends must pay close attention to the video explaining the video and share it with more interested friends.

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Okay, that’s it for this week’s explanation of the currency circle airdrop. If you want to pay attention to the latest information, you are welcome to join the free Discord group to receive news about the currency circle.

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The 2024 Binance airdrop is coming! Complete tutorial on SOLV airdrop! Take you to make the last big bucks of WEB3 in the first half of the year with SOLV Protocol! Coin Control Planet🪐


The above remarks do not constitute investment advice. The cryptocurrency market is highly risky. Before making any decision, please consider your own tolerance before deciding whether to participate!

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