#SolvProtocolMegadrop
Solv Protocol, a Bitcoin staking platform dedicated to building a Bitcoin-centric financial ecosystem, has been announced as the third project on Binance's Megadrop platform.
SOLV Tokenomics
Maximum Token Supply: 9,660,000,000 SOLV
Genesis Token Supply: 8,400,000,000 SOLV (86.96% of maximum supply)
Megadrop Token Rewards: 588,000,000 SOLV (7% of genesis supply, 6.09% of maximum supply)
Initial Circulating Supply: 1,482,600,000 SOLV (17.65% of genesis supply, 15.35% of maximum supply)
About Binance Megadrop
Binance Megadrop is an innovative token launch platform that integrates Binance Simple Earn and the Binance Web3 Wallet. It offers users early access to select Web3 projects, providing an interactive experience with rewards based on engagement and education.
Participation Steps
1. Log in to Binance: Access your account on the Binance platform.
2. BNB Locked Products: Subscribe to BNB Locked Products on Binance Simple Earn to accumulate scores; longer subscription periods yield higher scores.
3. Complete Web3 Quests: Create a Binance Web3 Wallet and complete designated quests to gain bonuses and multipliers.
4. Receive Rewards: Rewards are distributed based on your Total Score relative to all qualified participants.
Scoring System
Locked BNB Score: Points earned based on the amount of BNB locked and subscription duration.
Web3 Quest Bonus: Additional scores granted for completing all designated quests.
Web3 Quest Multiplier: Boosts your Locked BNB Score upon completing all Web3 Quests.
Total Score Formula: (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus
This initiative provides an opportunity for users to engage with Solv Protocol's ecosystem while earning rewards through active participation.