BINANCE MEGADROP SOLV IS COMING!!!
Imagine unlocking exclusive crypto rewards just by joining the most anticipated event in the Binance community! The SOLV MegaDrop is here, offering a golden opportunity to boost your portfolio. Don’t miss out—claim your free SOLV tokens and be part of the digital finance revolution today. Are you ready?
What is SOLV
Solv Protocol is the on-chain Bitcoin Reserve, aiming to unlock the full potential of over $1 trillion in Bitcoin assets. Through our Staking Abstraction Layer, SolvBTC, and SolvBTC.LSTs (Liquid Staking Tokens), Solv enables both retail and institutional investors to capture diverse yield opportunities without sacrificing liquidity by seamlessly integrating Bitcoin into DeFi ecosystems.Solv Protocol is backed by prominent investors such as Binance Labs, Blockchain Capital, Laser Digital, OKX Ventures, and others. Solv Protocol has undergone extensive security audits by leading firms, including Quantstamp, Certik, SlowMist, Salus, and Secbit.
Key metrics
Token Name : SOLVToken Type : BEP-20Initial Circ. Supply When Listed on Binance : 1,482,600,000 (17.65% of genesis token supply, 15.35% of max token supply)Maximum Token Supply : 9,660,000,000Total Token Supply : 8,400,000,000 (86.96% of max token supply)Binance Megadrop Allocation : 588,000,000 (7.00% of genesis token supply, 6.09% of max token supply)
Project mission
Solv Protocol’s mission is to unlock Bitcoin’s full potential by transforming over $1 trillion of idle BTC into yield-generating assets and becoming the on-chain reserve for Bitcoin in DeFi.
Value Proposition
Unlocking Idle BTC Potential. Transform over $1 trillion in idle Bitcoin into active, yield-generating assets through innovative staking solutions.Building a secure, decentralized infrastructure to enhance Bitcoin’s utility, enabling yield generation and liquidity across ecosystems while maintaining transparency and trust.
SOLV Project Key Highlights
Staking Abstraction: Solv Protocol’s SAL abstracts various processes and hundreds of parameters for bitcoin staking, manages the complexities of staking Bitcoin across multiple ecosystems and presents a unified interface for Bitcoin holders, enabling Bitcoin holders to earn yields across different blockchains. Non-Custodial: Solv Protocol utilizes a decentralized mechanism for managing user assets through the whole process of Bitcoin staking. With the interaction of smart contracts, Bitcoin scripts and third-party verifiers, user’s Bitcoin assets are processed in a non-custodial environment.Bitcoin Reserve Offerings (BROs): To leverage its Bitcoin reserve, Solv preliminarily plans 3 BROs, each minting 42 million SOLV tokens exclusively for convertible note sales (scheduled for Q1, Q2, and Q3 2025). These sales will acquire BTC for the protocol-owned reserve. Convertible notes mature in one year, with SOLV token claimability in Q1, Q2, and Q3 2026, respectively. Afterwards, further Bitcoin Reserve Offerings will be under DAO governance and the token supply may increase via network governance for Bitcoin Reserve Offering.
Token Allocation
Binance Megadrop : 7.00% of the genesis token supply; 6.09% of max token supplyCommunity Airdrop : 8.50% of the genesis token supply; 7.39% of max token supplyTeam & Advisors : 13.00% of the genesis token supply; 11.30% of max token supplyCommunity Rewards & DAO Treasury : 18.00% of the genesis token supply; 15.65% of max token supplyCommunity Rewards (External Partners) : 8.50% of the genesis token supply; 7.39% of max token supplyEcosystem Development : 8.14% of the genesis token supply; 7.08% of max token supplyBusiness Development : 4.00% of the genesis token supply; 3.48% of max token supplyVesting Voucher Holders : 1.00% of the genesis token supply; 0.87% of max token supplyPrivate Sale Investors : 28.86% of the genesis token supply; 25.10% of max token supplyLiquidity : 3.00% of the genesis token supply; 2.61% of max token supplyBitcoin Reserve Offering : 0.00% of the genesis token supply; 13.04% of the max token supply
What is Binance Megadrop?
Binance Megadrop is a platform that allows users to participate in token launches and airdrops . The platform integrates Binance Simple Earn and Binance Web3 Wallet to offer users early access to Web3 projects and the opportunity to earn rewards through engaging activities.
How to Participate in Binance Megadrop?
1. Log in to your Binance account on the mobile app, then find the [[Megadrop](https://www.binance.info/en/square/post/10505786281825)] icon. If you can't see it, go to [Other Services] first.
2. Next, you will see the selected Web3 project. You can browse the pages of each project to find out more information about participation periods, quests, reward distribution, coin listing times, tokenomics, etc.
3. If a project is available, you can complete various quests to earn points and rewards based on your score.
4. Each project may have a different set of quests. For example, you can earn points by putting BNB into a Simple Earn product subscription or by connecting your Binance Web3 Wallet to a project.
Join the next #SOLV @binance Megadrop Quest and claim your share of exciting rewards!
🗓 Megadrop Period: 2025-01-07 00:00 (UTC) – 2025-01-16 23:59 (UTC)
🗓 TGE & Listing: Binance will then list Solv Protocol (SOLV) at 2025-01-17 10:00 (UTC) and open trading with SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY trading pairs. The seed tag will be applied to SOLV.
#BinanceSquare #Megadrop #Solv