Alert 🚨 🚨 Binance Launches Solv Protocol on Megadrop Platform 🔥 🔥 🔥
Binance has announced the launch of Solv Protocol, a Bitcoin staking protocol designed to create a Bitcoin-native financial ecosystem. As part of this move, Binance clarified that it will be the exclusive platform offering SOLV tokens, warning users that any platform claiming to list SOLV tokens before the official launch is engaging in false advertising. Details regarding the exact timeline of the token’s trading and an updated research report on Solv Protocol will be shared soon.
Solv Protocol's tokenomics reveal a maximum supply of 9.66 billion SOLV tokens, with 8.4 billion (86.96% of the total supply) allocated to the Genesis supply. Of this, 588 million SOLV tokens, representing 7% of the Genesis supply and 6.09% of the maximum supply, will be distributed through Binance’s Megadrop rewards. When the tokens are listed, 1.48 billion SOLV tokens will enter circulation, making up 17.65% of the Genesis supply and 15.35% of the total supply.
Binance also teased future announcements regarding the Megadrop rewards structure, Web3 quests, and the listing plan, signaling that more details will be released shortly. This move aims to bolster the development of a Bitcoin-centric financial ecosystem, offering new opportunities within the rapidly expanding crypto space.