📣Guide to participating in the SOLV Megadrop
🏆On January 6th, Binance announced that users can start participating in the SOLV Megadrop from 07:00 on January 7th. Binance will list Solv Protocol (SOLV) at 17:00 on January 17th and open trading with the pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY. Seed Tokens apply to SOLV.
🔔Detailed information about the SOLV Megadrop
⭐️Token Name: Solv Protocol (SOLV)
⭐️Maximum Supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin Reserve Offering)
⭐️Total Genesis Token Supply: 8,400,000,000 SOLV
⭐️Megadrop Reward: 588,000,000 SOLV
⭐️Initial Circulating Supply at Binance Spot Listing: 1,482,600,000 SOLV
⭐️Hard Cap per User: 4,704,000 SOLV
🌿Steps to participate in the SOLV Megadrop
🆙To participate in the Megadrop, users need to lock BNB tokens into Binance Simple Earn and/or complete Web3 Quests on the Binance Web3 Wallet. Binance notes that registering for BNB Locked Products is not mandatory.
📣Locking BNB Locked Products
⛔️Access the Binance app on your phone, select More, then select Megadrop.
⛔️Register to lock BNB for an appropriate term.
📣Complete Web3 Quest tasks
↗️Deposit into the wallet using BTCB
↗️Send BTCB to Mint SolvBTC on the Solv Protocol
↗️Withdraw/cancel staking BTCB on the Solv Protocol
❗️Solv Protocol is the leading Bitcoin staking protocol, building a rapidly growing financial ecosystem focused on Bitcoin by unlocking liquidity and maximizing the utility of idle Bitcoin assets.
🚪Solv provides a suite of products designed to enhance the utility of Bitcoin in the DeFi ecosystem, including SolvBTC, SolvBTC.LST (Liquid Staking BTC), and the SolvBTC DeFi Vault.
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