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Binance has unveiled its third project on the Megadrop platform, Solv Protocol (SOLV), a Bitcoin staking protocol aimed at building a financial ecosystem centered around Bitcoin. Details regarding the Megadrop quantity, Web3 tasks, and listing plans will be revealed in an upcoming announcement.

Details About the SOLV Megadrop

Token Name: Solv Protocol (SOLV)

Maximum Supply: 9.66 billion SOLV (subject to increase through network governance for Bitcoin Reserve Offering)

Genesis Supply: 8.4 billion SOLV (86.96% of maximum supply)

Megadrop Rewards: 588 million SOLV (7% of Genesis supply, 6.09% of maximum supply)

Initial Circulating Supply at Binance Spot Listing: 1.4826 billion SOLV (17.65% of Genesis supply, 15.35% of maximum supply)