The Solv Protocol (SOLV) Megadrop on Binance offers participants the opportunity to earn SOLV tokens by engaging in specific activities between January 7, 2025, 00:00 UTC, and January 16, 2025, 23:59 UTC. To participate and maximize your rewards, follow these steps:
1. Log in to Your Binance Account: Ensure you have an active Binance account with completed KYC verification.
2. Subscribe to BNB Locked Products:
Access Binance Simple Earn: Navigate to the Simple Earn section on Binance.
Choose a BNB Locked Product: Select a BNB Locked Product with a duration that suits you. Longer subscription periods yield higher scores.
Lock Your BNB: Subscribe to the chosen product before January 7, 2025, to maximize your Locked BNB Score.
3. Complete Web3 Quests:
Set Up Binance Web3 Wallet: Ensure you have an active Binance Web3 Wallet linked to your account.
Participate in Designated Quests: Engage in activities such as staking BTCB on Solv Protocol. For example, Quest 1 involves staking 0.0001 BTCB on Solv Protocol, available from January 17, 2025, at 06:00 UTC.
Verify Completion: After completing the quests, click the [Verify] button on the Megadrop project page before the Quest Period ends to claim the Web3 Quest Bonus and Multiplier.
4. Monitor Your Total Score:
Locked BNB Score: Calculated based on the amount of BNB locked and the subscription duration.
Web3 Quest Multiplier and Bonus: Completing all designated quests grants additional scores and multipliers.
Total Score Formula: Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus.
5. Receive Rewards:
Distribution: Rewards will be distributed based on your Total Score relative to all qualified participants.
Check Your Spot Wallet: After the campaign ends, rewards will be automatically added to your Binance Spot Wallet.
Key Dates:
Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTC.
BNB Locked Products Snapshot Period: Hourly snapshots of BNB subscriptions are taken throughout the period.
Web3 Quest Period: Complete designated Web3 Quests during this time.
SOLV Listing on Binance: Trading begins on January 17, 2025, at 10:00 UTC, with pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
For more detailed information, refer to Binance's official announcement:
