#BinanceMegadropSolv Binance has introduced Solv Protocol (SOLV) as the third project on its Megadrop platform, offering users the opportunity to earn SOLV tokens through BNB staking and Web3 quests.
Key Dates:
Megadrop Period: January 7, 2025, 00:00 UTC – January 16, 2025, 23:59 UTC.
SOLV Listing on Binance: January 17, 2025, at 10:00 UTC, with trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
Participation Methods:
1. BNB Locked Products: Lock your BNB in Binance's Simple Earn Locked Products to earn rewards. Hourly snapshots during the Megadrop period determine your Locked BNB Score.
2. Web3 Quests: Complete designated tasks to boost your score. One such quest involves staking 0.0001 BTCB on Solv Protocol.
Score Calculation:
Your total score, which influences the amount of SOLV tokens you receive, is calculated as follows:
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score: Determined by the amount and duration of BNB locked.
Web3 Quest Multiplier: Completing quests can multiply your score.
Web3 Quest Bonus: Additional points for completing specific tasks.
How to Participate:
1. Lock BNB: Subscribe to BNB Locked Products via Binance's Simple Earn.
2. Complete Web3 Quests: Follow the instructions to stake BTCB on Solv Protocol.
3. Monitor Your Score: Keep track of your total score on the Megadrop page.
4. Receive Rewards: SOLV tokens will be distributed to your Binance Spot Account after the Megadrop period.
About Solv Protocol:
Solv Protocol is a Bitcoin staking platform aiming to integrate Bitcoin into decentralized finance (DeFi) ecosystems, allowing users to earn yields without sacrificing liquidity.