#BinanceMegadropSolv Binance Solv Mega Drop Participation Guide

Binance, has unveiled its 3rd Mega Drop event, highlighting the innovative Solv Protocol. This initiative offers users an opportunity to earn SOLV tokens by staking BNB and completing Web3 quests. Here’s everything you need to know about the event, rewards, and how to participate.

What is Solv Protocol?

Solv Protocol is a DeFi infrastructure project that aims to bridge Bitcoin liquidity to decentralized finance ecosystems. It uses tools like the staking abstraction layer and SolvBTC to unlock the potential of idle Bitcoin assets. This aligns with the growing demand for yield-driven solutions in the crypto space.

Event Timeline

Participation Period: January 7, 2025 to January 16, 2025.

Reward Distribution: January 17, 2025.

Trading Launch: SOLV tokens will be listed on Binance on January 17, 2025, with trading pairs including SOLV/USDT and SOLV/BNB

How to Participate

1. Locked BNB Products

Users can lock their BNB tokens into fixed-term products during the event.

Longer lock periods generate higher scores.

Scores determine the share of SOLV tokens earned.

2. Completing Web3 Quests

Improve your score by completing tasks on the Binance platform, such as:

Staking a minimum of 0.0001 BTCB using the Solv Protocol.

Engaging with Solv Protocol tools to amplify participation in DeFi.

Reward Structure

Total Reward: 588 million SOLV tokens, equivalent to 7% of the Genesis token supply.

Individual Limit: Participants can earn up to 4.7 million SOLV tokens.

Rewards will be distributed directly to users’ Binance Spot Accounts.