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 SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
Participation Methods:
1. BNB Locked Products: Stake BNB in Locked Products to earn rewards. Hourly snapshots of BNB subscriptions will be taken during the Megadrop period.
2. Web3 Quests: Complete designated tasks to boost your score. One such quest is staking 0.0001 BTCB on Solv Protocol.
How to Participate:
For BNB Locked Products: Log in to your Binance account, navigate to the 'Earn' section, and subscribe to BNB Locked Products.
For Web3 Quests:
1. Ensure you have a Binance Web3 Wallet.
2. Fund your wallet with BTCB.
3. Access the Solv Protocol dApp via the Binance App.
4. Stake the required amount of BTCB.
5. Return to the Megadrop task page and click 'Verify' to confirm task completion.
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.
For more details and to participate, visit the Binance Megadrop page.