Binance has introduced the Solv Protocol (SOLV) Megadrop, its third project under the Binance Megadrop. This event lets users earn SOLV token rewards by staking BNB in Locked Products or completing Web3 tasks.
Key Details of the SOLV Megadrop
- Project Overview: Solv Protocol (SOLV) is a Bitcoin staking platform focused on creating a Bitcoin-based financial ecosystem.
- Megadrop Dates: The event runs from January 7, 2025, 00:00 UTC to January 16, 2025, 23:59 UTC.
- Binance Listing: Trading begins on January 17, 2025, at 10:00 UTC with pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
How to Participate
1. Log in to Binance.
2. Stake BNB: Subscribe to BNB Locked Products to earn scores, with longer stakes earning higher scores.
3. Complete Web3 Tasks: Engage in activities like staking BTCB on Solv Protocol.
4. Claim Rewards: Check your participation and claim rewards daily starting January 7, 2025, 05:30 UTC.
5. Rewards Distribution: Rewards will be automatically sent to your Binance Spot Wallet after the campaign ends.
Reward Details
- Total Rewards: 588 million SOLV tokens (7% of total token supply).
- Maximum Reward per User: Up to 4.7 million SOLV.
- How Rewards Are Calculated: The total score is calculated using your Locked BNB score, Web3 quest multiplier, and Web3 bonus.
Why Join the Solv Protocol Megadrop?
- Earn Multiple Rewards: Participants can earn rewards from Launchpool, HODLer Airdrops, and the Megadrop.
- Exclusive Listing: Binance is the first platform to list SOLV, supporting innovative blockchain projects.
- Strong Tokenomics: With a total supply of 9.66 billion SOLV tokens, the project aims for growth and sustainability.