NFTs

Binance Announces Solv Protocol (SOLV) on Its 3rd Megadrop

1 Mins read

Binance has unveiled the inclusion of Solv Protocol (SOLV) as the 3rd project on its Megadrop platform. Solv Protocol, a Bitcoin staking protocol, aims to establish a Bitcoin-centric financial ecosystem. 

SOLV Binance Megadrop Key Details

  • Token Name: Solv Protocol (SOLV)
  • Maximum Token Supply: 9,660,000,000 SOLV (subject to increase via network governance for Bitcoin Reserve Offering)
  • Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of max token supply)
  • Megadrop Token Rewards: 588,000,000 SOLV (7.00% of genesis token supply, 6.09% of max token supply)
  • Initial Circulating Supply on Binance Spot Listing: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of max token supply)

What Makes Binance Megadrop Unique?

Binance Megadrop redefines airdrops by integrating Binance Simple Earn and Binance Wallet into one seamless experience. It provides users with early access to innovative Web3 projects before their official launch on Binance. By blending engagement, education, and rewards, Megadrop creates a dynamic platform that benefits participants across the crypto ecosystem.

How to Participate in Solv Binance Megadrop?

  1. Log in to Your Binance Account
    If you’re new to Binance, create an account and set up your first Web3 Wallet.
  2. Lock BNB and Complete Web3 Quests
    • Subscribe to BNB Locked Products through Binance Simple Earn to accumulate scores.
    • Participate in Web3 Quests, which require an active Binance Wallet.
  3. Access Megadrop on the Binance App
    Follow the instructions in the app announcement to navigate to the Megadrop section.
  4. Boost Your Rewards
    Complete all designated Web3 Quests and use score multipliers to maximize your Total Score.
  5. Earn Megadrop Rewards
    Rewards will be distributed based on your accumulated Total Score.


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