#BinanceMegadropSolv Binance has introduced the Solv Protocol (SOLV) Megadrop, offering users the opportunity to earn SOLV tokens by staking BNB in Locked Products or completing specific Web3 quests.
Key Details:
Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTC.
Binance Listing Date: SOLV will be listed on January 17, 2025, at 10:00 UTC, with trading pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
Participation Methods:
1. Staking BNB:
Subscribe to BNB Locked Products on Binance.
Longer lock-up periods yield higher scores, enhancing potential rewards.
2. Completing Web3 Quests:
One of the quests involves staking 0.0001 BTCB on Solv Protocol.
Detailed guides are available to assist with the staking process.
Reward Calculation:
Rewards are based on a Total Score, calculated as:
Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus
The Web3 Quest Multiplier is 1.5, and the Web3 Quest Bonus is 500.
Tokenomics:
Maximum Token Supply: 9,660,000,000 SOLV.
Megadrop Token Rewards: 588,000,000 SOLV (7% of the genesis token supply).
Initial Circulating Supply on Binance: 1,482,600,000 SOLV.
How to Participate:
1. Log in to your Binance account.
2. Subscribe to BNB Locked Products or complete the designated Web3 quests via the Megadrop page on the Binance App.
3. Ensure you have an active Binance Wallet linked for quest completion.
4. After completing the Web3 quests, click the [Verify] button on the Megadrop project page before the quest period ends to claim the Web3 Quest Bonus and Multiplier.
5. Megadrop rewards will be distributed based on your total score.
For more detailed information and participation guidelines, please refer to the official Binance announcement.
*Please note that participation requires KYC verification in eligible jurisdictions. Always ensure to follow official guidelines and exercise caution when participating in cryptocurrency events.*