#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 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 of BNB subscriptions are taken during the Megadrop period to calculate scores.
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 determines the amount of SOLV tokens you receive:
Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score: Calculated based on the average amount of BNB locked over different periods, with longer lock durations yielding higher multipliers.
Web3 Quest Multiplier: Completing quests can increase your score multiplier.
Web3 Quest Bonus: Additional points awarded for completing specific quests.
How to Participate:
1. Subscribe to BNB Locked Products: Navigate to the 'Earn' section on Binance and choose your preferred BNB lock-up period.
2. Complete Web3 Quests: Access the Megadrop page on the Binance App, connect your Binance Wallet, and follow the instructions to complete tasks like staking BTCB on Solv Protocol.
3. Verify Completion: After completing the quests, click the 'Verify' button on the Megadrop project page before the quest period ends to claim your Web3 Quest Bonus and Multiplier.
Important Notes:
KYC Verification: Ensure your Binance account has completed KYC verification to participate.
Reward Distribution: Megadrop rewards will be distributed to participants' Binance Spot Accounts after the Megadrop period concludes.
For detailed information and participation, visit the Binance Megadrop page.
