ATTENTION 》Buy $BTC
New Rally in Sight:
Binance announced this Tuesday, the 31st, the last day of the year, that it will give away a new cryptocurrency for free, the Solv Protocol token, a Bitcoin staking protocol that aims to create a financial environment that is native to the $BTC ecosystem.
According to Binance, a total of 588,000,000 SOLV tokens (7.09% of the Genesis supply and 6.09% of the maximum supply) will be distributed by the exchange. MegaDrop's token distribution system is different from other Binance systems, such as Launchpool or Binance Airdrop.
The company therefore reported that in a new statement it will reveal more information about Web3 Quests, the listing strategy and the Megadrop reward structure.
Binance Megadrop combines Binance Wallet and Binance Simple Earn and gives users early access to select Web3 projects, allowing them to get involved in creative ventures long before they are formally listed on Binance.
What is Solv Protocol?
Solv is a solution for Bitcoin staking, simplifying a traditionally complex process and bringing new possibilities to BTC holders.
Aiming to bridge the gap between the simplicity desired by users and the complexities of staking on decentralized exchange (DeFi) platforms, Solv Protocol utilizes the Staking Abstraction Layer (SAL), a modular layer that coordinates the technical aspects of staking, such as validators, yield distribution, and liquid staking tokens (LSTs).
BITCOIN staking, in its traditional form, can be a complicated process, involving transactions across multiple blockchains and often resulting in liquidity limitations. Solv Protocol solves these problems by simplifying the user experience, allowing Bitcoin staking to be done efficiently and without the typical restrictions.
This token is going to explode!
