#BinanceMegadropSolv
Binance has introduced Solv Protocol (SOLV) as the third project on its Megadrop platform, offering users the opportunity to earn SOLV tokens through BNB staking and Web3 quests.
Key Dates:
Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTC.
SOLV Listing on Binance: January 17, 2025, at 10:00 UTC, with trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
Participation Methods:
BNB Locked Products: Users can lock their BNB in various durations (30, 60, 90, or 120 days) to earn rewards. Hourly snapshots of BNB subscriptions are taken during the Megadrop period to calculate scores.
Web3 Quests: Completing specific tasks, such as staking 0.0001 BTCB on Solv Protocol, can boost participants' scores. Detailed guides are available to assist users in completing these quests.
Score Calculation:
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus. The Locked BNB Score is determined based on the amount and duration of BNB locked, with longer durations yielding higher multipliers. Completing Web3 quests provides additional multipliers and bonuses.
About Solv Protocol:
Solv Protocol is a Bitcoin staking platform aiming to integrate Bitcoin into decentralized finance (DeFi) ecosystems, allowing investors to earn yields without sacrificing liquidity. Backed by prominent investors, Solv seeks to unlock the potential of over $1 trillion in Bitcoin assets.
Tokenomics:
Maximum Token Supply: 9,660,000,000 SOLV.
Genesis Token Supply: 8,400,000,000 SOLV.
Megadrop Token Rewards: 588,000,000 SOLV.
Initial Circulating Supply on Binance: 1,482,600,000 SOLV.
How to Participate:
Log into Binance: Ensure your account is KYC-verified.
Subscribe to BNB Locked Products: Choose a suitable lock-up period to maximize your Locked BNB Score.
Complete Web3 Quests: Follow the provided guides to accomplish tasks like staking BTCB on Solv Protocol.
Monitor Rewards: After the Megadrop period, rewards will be distributed based on your total score