How to Complete the Solv Task in the BOB Campaign on Binance Web3 Wallet?

Participate in the Solv task to share an exclusive reward pool of 100,000,000 Solv Points on a pro rata basis among all eligible participants.

In addition, complete all four tasks in the BOB campaign to share a reward pool of $300,000 worth of BOB tokens, divided equally among all eligible participants.

Prerequisites

To complete this task, you’ll need:

• At least 0.0002 wBTC in your Binance Web3 MPC Wallet; and
• A sufficient balance of ETH on BOB Chain to pay for gas fees.

How to stake wBTC to solvBTC and deposit it to solvBTC.BBN on the BOB Chain via Solv Protocol?

Step 1: Connect your Binance Web3 Wallet to Solv

1. Log in to your Binance app and go to the activity page.

2. Tap [Join Now] to confirm your participation. 

3. Tap on the Solv task and you’ll be redirected to the Solv website.

4. Tap [SolvBTC] - [Connect Wallet]. 

Select [Binance Web3 Wallet] to connect. 

Step 2: Stake WBTC to SolvBTC on BOB Chain

5. Switch to [BOB]. Choose the asset to stake and enter the amount. Please note that you need to stake a minimum of 0.0002 WBTC to complete this task. Tap [Approve].

6. Tap [Deposit] and confirm the transaction in your Binance Web3 Wallet.

7. You’ve successfully staked your WBTC.

Step 3: Stake SolvBTC to SolvBTC.BBN on BOB Chain

8. Tap [SolvBTC.LSTs] and select [SolvBTC.BBN].  

9. Enter the amount of SolvBTC to stake. Please note that you need to stake a minimum of 0.0002 SolvBTC. Tap [Approve].

10. Tap [Stake] and confirm the transaction on your Binance Web3 Wallet.

11. You’ve successfully staked your SolvBTC.BBN.

Frequently Asked Questions

1. What is the exchange rate between WBTC and SolvBTC?

1 WBTC equals 1 SolvBTC.

2. How and when can I unlock my SolvBTC?

You can withdraw your staked SolvBTC at any time. However, the rewards will be distributed based on the positions held at the end of the event.

3. When and how can I receive my rewards?

Rewards will be distributed according to the percentage of the final position. Eligible participants will receive the rewards within two weeks after the campaign ends.

Please note that you must register and activate the Solv Points System before you can receive the rewards.