#BinanceMegadropSolv
Binance has launched its third Megadrop event, featuring Solv Protocol (SOLV), a Bitcoin staking platform that integrates Bitcoin into decentralized finance (DeFi) ecosystems.
Key Details:
Participation Period: January 7, 2025, 00:00 UTC to January 17, 2025, 00:00 UTC.
Trading Commencement: SOLV will be listed on Binance on January 17, 2025, at 10:00 UTC, with trading pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.
How to Participate:
1. Subscribe to BNB Locked Products: Lock your BNB tokens in Binance's BNB Locked Products to earn rewards.
2. Complete Web3 Quests: Engage in tasks such as staking a minimum of 0.0001 BTCB on Solv Protocol.
Reward Calculation:
Your total score, which determines your rewards, is calculated as follows:
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Where:
Locked BNB Score: Based on the average amount of BNB locked over different periods.
Web3 Quest Multiplier: A multiplier applied based on completed Web3 quests.
Web3 Quest Bonus: Additional points for completing specific tasks.
For detailed information on score calculation and maximizing rewards, refer to the official Binance announcement.
About Solv Protocol:
Solv Protocol is a decentralized platform focused on providing liquidity and yield infrastructure for digital assets, particularly through Bitcoin staking solutions.
Important Dates:
Participation Start: January 7, 2025, 00:00 UTC
Trading Start: January 17, 2025, 10:00 UTC
Ensure you have a verified Binance account and sufficient BNB and BTCB balances to participate in the Megadrop and associated Web3 quests.
For comprehensive details and participation guidelines, visit the official Binance announcement.