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    Home»Metaverse»Binance announces launch of Solv Protocol (SOLV) on third Megadrop
    Metaverse

    Binance announces launch of Solv Protocol (SOLV) on third Megadrop

    Comic VibeBy Comic VibeDecember 30, 2024No Comments2 Mins Read
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    Binance has announced the inclusion of Solv Protocol (SOLV) as the third project on its Megadrop platform. Solv Protocol is a Bitcoin staking protocol designed to build a Bitcoin-centric financial ecosystem.

    SOLV Binance Megadrop Key Details

    • Token name: Solution Agreement (SOLV)
    • Maximum token supply: 9,660,000,000 SOLV (network governance increase that can be issued through Bitcoin Reserve)
    • Total genesis token supply: 8,400,000,000 SOLV (86.96% of maximum token supply)
    • Megadrop Token Rewards: 588,000,000 SOLV (7.00% of genesis token supply, 6.09% of maximum token supply)
    • Binance Spot Listing Initial Circulation Amount: 1,482,600,000 SOLV (17.65% of genesis token supply, 15.35% of maximum token supply)

    What is unique about Binance Megadrop?

    Binance Megadrop redefines airdrops through integration Earn simply on Binance and Binance Wallet Integrate into a seamless experience. It gives users early access to innovative Web3 projects before they are officially launched on Binance. By blending engagement, education, and rewards, Megadrop creates a dynamic platform that benefits participants across the entire crypto ecosystem.

    How to participate in Solv Binance Megadrop?

    1. Log in to your Binance account
      If you are new to Binance, create an account and set up your first Web3 wallet.
    2. Lock BNB and complete Web3 tasks
      • You can accumulate points by subscribing to BNB locked products through Binance Simple Earn.
      • Participate in Web3 tasks, which require an active Binance wallet.
    3. Deposit and withdraw Megadrop on the Binance app
      Please follow the instructions in the application announcement to navigate to the Megadrop section.
    4. Increase your rewards
      Complete all assigned Web3 tasks and use the score multiplier to maximize your total score.
    5. Earn Megadrop Rewards
      Rewards will be distributed based on your accumulated total points.

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