#BinanceMegaDropSolve
Binance has introduced Solv Protocol (SOLV) as the third project on its Megadrop platform. Solv Protocol is a Bitcoin staking protocol dedicated to developing a Bitcoin-centric decentralized finance (DeFi) ecosystem.
Megadrop Details:
Participation Period: January 7, 2025, 00:00 UTC to January 16, 2025, 23:59 UTC.
How to Participate:
BNB Locked Products: Users can stake BNB in Locked Products to earn rewards. The longer the staking period, the higher the potential rewards.
Web3 Quests: Participants can complete specific tasks, such as staking BTCB on Solv Protocol, to boost their scores and earn additional rewards.
Reward Calculation:
Total Score Formula:
Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus
Maximum Reward per User: Each participant can earn up to 4,704,000 SOLV tokens.
SOLV Token Listing:
Listing Date: January 17, 2025, at 10:00 UTC.
Trading Pairs: SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
Seed Tag: At launch, SOLV will have a 'seed tag,' indicating higher volatility risk compared to other tokens.
About Solv Protocol:
Solv Protocol aims to unlock the full potential of over $1 trillion in Bitcoin assets by integrating Bitcoin into DeFi ecosystems. Through its Staking Abstraction Layer and Liquid Staking Tokens (SolvBTC.LSTs), it enables investors to capture diverse yield opportunities without sacrificing liquidity.
Participation Requirements:
KYC Verification: Participants must complete KYC verification in eligible jurisdictions.
Binance Wallet: Ensure at least one active Binance Wallet is linked for quest completion.
For more detailed information, please refer to Binance's official announcement.