🔥 Binance launches Megadrop for Solv Protocol
Dear BTC stakers, get ready to reap the rewards. Solv confirms airdrop for users accumulating points when staking assets on the platform and partners!!
> Detailed information about the snapshot schedule, listing, and Web3 wallet tasks will be announced later
📍About Solv Protocol:
> Solv Protocol is a Bitcoin staking protocol, one of the TOP 3 promising projects in the Babylon ecosystem
> The mechanism of Solv is quite simple as users will deposit assets into the protocol and receive a LST (Liquid Staking Token) in return. For BTC, users can deposit their Bitcoin into the project and receive SolvBTC to participate in DeFi to optimize profits.
> The project has raised 11 million USD after 5 funding rounds, notably from funds like Binance Labs, Spartan, IOGS Ventures, Mirana Ventures…
> Solv is the 3rd project launched on Megadrop, where users can lock BNB and/or complete tasks in the Web3 Wallet to receive early rewards from selected projects before the project tokens are listed
> Maximum supply: 9,660,000,000 SOLV
Total supply at TGE launch: 8,400,000,000 SOLV
Megadrop allocation: 588,000,000 SOLV (7% of total TGE supply)
Initial circulating supply: 1,482,600,000 SOLV (17.65% of total supply)
The BB & LISTA Megadrop is quite solid, so keep an eye on participating in the $SOLV deal!