Solv Protocol’s Megadrop is coming to the Binance cryptocurrency exchange, promising incredible rewards and presenting a golden opportunity for investors. With the official launch scheduled for January 7, 2025, and the Binance listing scheduled for January 17, anticipation is sky-high for this event that offers the chance to win up to 4,7 million SOLV tokens through BNB staking and completing the Web3 Quest.
Binance will offer a variety of trading pairs, including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY, with a maximum supply of 9,66 billion SOLV tokens. The Megadrop itself will distribute 588 million SOLV, representing 7% of the total supply, with individual rewards capped at 4.704.000 SOLV.
“A Binance Binance is excited to announce the 3rd project on Binance Megadrop – Solv Protocol (SOLV), a Bitcoin staking protocol building a Bitcoin-centric financial ecosystem. Users can start participating in SOLV Megadrop starting at 2025-01-07 00:00:00 (UTC). 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.” reported the platform in its official announcement.
But how do you participate? Binance offers two main ways to participate: by subscribing to BNB-locked products or by completing Web3 Quests, such as staking 0,0001 BTCB on Solv Protocol. Participation requires KYC verification in some eligible regions, and rewards will be calculated based on a total score, which includes BNB points locked from Web3 Quest performance. In other words, the more you engage, the higher your chances of winning.
Furthermore, Megadrop participants can accumulate rewards from different sources, including Launchpool rewards and HODLer Airdrops. The Solv Protocol Megadrop on Binance is an unmissable opportunity for the crypto community, offering generous rewards and the chance to interact with an ever-growing ecosystem.
In your report In a research paper, Binance highlighted that Solv is a leading Bitcoin staking protocol, building a thriving Bitcoin-centric financial ecosystem by unlocking liquidity and maximizing the utility of idle Bitcoin assets. SOLV is the native utility token of the Solv Protocol and is used in the following functions: Governance, Staking, Fee Discounts.