#BinanceMegadropSolv Project Overview: Solv Protocol is a Bitcoin staking protocol aiming to build a Bitcoin-centric financial ecosystem. It allows users to stake Bitcoin and earn rewards while maintaining liquidity through its unique staking mechanisms like the Staking Abstraction Layer (SAL) and Liquid Staking Tokens (LSTs).
Megadrop Details:
Duration: The SOLV Megadrop event is scheduled to run from January 7, 2025, at 00:00 UTC to January 16, 2025, at 23:59 UTC.
Rewards: Participants can earn up to 4.7 million SOLV tokens per user. The total reward pool is 588 million SOLV tokens, representing 7% of the Genesis Token Supply.
Participation: Users can accumulate rewards by either staking BNB in Locked Products on Binance Simple Earn or by completing Web3 Quests. Longer BNB staking periods yield higher scores, which in turn result in more SOLV rewards.
Listing and Trading: After the Megadrop period ends, SOLV will be listed on Binance with trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY starting January 17, 2025, at 10:00 UTC.