According to a research report published by Binance Research on the Bitcoin staking protocol Solv Protocol, Solv Protocol has raised approximately 24 million USD through 4 rounds of private placements, of which 28.86% of the genesis token supply has been sold. As of December 31, 2024, the maximum token supply of SOLV is 9.66 billion (dynamic, may increase through the Bitcoin reserve fundraising program's DAO governance). The total genesis supply of SOLV is 8.4 billion. The circulating supply after listing on Binance will be 1.4826 billion.
The distribution of SOLV tokens is as follows:
Binance Megadrop: 7.00% of total genesis supply; 6.09% of maximum supply;
Community Airdrop: 8.50% of total genesis supply; 7.39% of maximum supply;
Team and Advisors: 13.00% of total genesis supply; 11.30% of maximum supply;
Community Rewards & DAO Treasury: 18.00% of total genesis supply; 15.65% of maximum supply;
Community Rewards (External Partners): 8.50% of total genesis supply; 7.39% of maximum supply;
Ecosystem Development: 8.14% of total genesis supply; 7.08% of maximum supply;
Business Development: 4.00% of total genesis supply; 3.48% of maximum supply;
Vesting Voucher Holders: 1.00% of total genesis supply; 0.87% of maximum supply;
Private Investors: 28.86% of total genesis supply; 25.10% of maximum supply;
Liquidity: 3.00% of total genesis supply; 2.61% of maximum supply;
Bitcoin Reserve Fundraising Program: 0.00% of total genesis supply; 13.04% of maximum supply.

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