Limited opportunity to get Solv Protocol airdrop. In this article I will explain about Solv Protocol and how to get SOLV airdrop for free.
Solv Protocol is a decentralized platform designed to improve liquidity and management of financial assets in the crypto ecosystem. Specifically, Solv Protocol focuses on Bitcoin and aims to connect the trillion-dollar Bitcoin economy with the world of DeFi (Decentralized Finance).
Key Concepts of the Solv Protocol:
SolvBTC: This is a universal Bitcoin reserve token. Each SolvBTC is backed by 1 actual BTC, providing Bitcoin holders easy access to various cross-chain DeFi opportunities and earning yields.
Staking Abstraction Layer (SAL): SAL provides a user-friendly interface for Bitcoin holders to stake. It simplifies the staking process and allows users to earn yields from their Bitcoin holdings.
Universal Liquidity Matrix: The Solv Protocol creates a universal liquidity matrix for Bitcoin, allowing Bitcoin to interact with various DeFi protocols. This opens up new opportunities for investors and developers in the crypto ecosystem.
Solv Protocol Objective:
Unlocking Bitcoin's potential: The Solv Protocol aims to maximize Bitcoin's potential by connecting it with the ever-evolving DeFi world.
Increasing Bitcoin liquidity: By creating SolvBTC, the Solv Protocol enhances Bitcoin liquidity and expands its use in various financial applications.
Facilitating access to DeFi: The Solv Protocol provides an easy way for users to participate in DeFi, even for those who only hold Bitcoin.
Benefits of Using the Solv Protocol:
Higher yields: Bitcoin holders can earn higher yields by staking through the Solv Protocol.
Access to various DeFi opportunities: SolvBTC allows users to participate in various DeFi protocols, such as lending, borrowing, and yield farming.
Security: The Solv Protocol is backed by several prominent investors and uses advanced security technology.
Total Token Allocation of Solv Protocol:
As of December 31, 2024, the maximum supply of SOLV tokens is 9,660,000,000 SOLV (dynamic, can increase through network governance for Bitcoin Reserve Offering). The total genesis supply of SOLV is 8,400,000,000. The circulating supply after being listed on Binance will be 1,482,600,000 (17.65% of the genesis token supply, 15.35% of the maximum token supply).
SOLV Megadrop Details:
Token Name: Solv Protocol (SOLV)
Maximum Token Supply: 9,660,000,000 SOLV (dynamic, can increase through network governance for Bitcoin Reserve Offering)
Total Genesis Token Supply: 8,400,000,000 SOLV (86.96% of the maximum token supply)
Megadrop Token Reward: 588,000,000 SOLV (7.00% of the genesis token supply, 6.09% of the maximum token supply)
Initial Circulating Supply When Listed on Binance Spot: 1,482,600,000 SOLV (17.65% of the genesis token supply, 15.35% of the maximum token supply)
Research Report: Solv Protocol (SOLV)
User Eligibility: KYC required in eligible jurisdictions
Maximum Limit per User: 4,704,000 SOLV
Reward Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
Locked BNB Score (based on hourly snapshots during the Locked BNB Product Snapshot Period) = (Average Locked BNB Amount 120 days 130) + (Average Locked BNB Amount 90 days 120) + (Average Locked BNB Amount 60 days 110) + (Average Locked BNB Amount 30 days 100) + (Average BNB DeFi Asset Amount * 30)
Web3 Quest Multiplier: 1.5
Web3 Quest Bonus: 500
How to Get the Solv Protocol Airdrop:
By staking BNB for at least 30 days
By completing tasks in WEB3
a. Log in to your Binance app and tap on the “Wallet” section. Open “Web3”.b. To fund your wallet, tap “receive” and transfer your funds from the exchange to your Wallet.
c. Choose the amount of BTC you want to transfer to your Binance Wallet, select BNB Smart Chain (BEP-20), and tap withdraw. Note: You need at least 0.0001 BTCB to proceed with the task.
d. Ensure you have enough BNB ($2-3) to cover the gas fees. You can tap "Receive" to transfer funds.
e. Go back to the Megadrop Mission Detail page, then tap “Start Now”.
f. You will be redirected to the Solv dApp in the app. Connect your Binance Wallet and ensure the network option is “BNB Chain”.
g. Enter the amount of BTCB you wish to deposit. Please note that you need to deposit a minimum of 0.0001 BTCB. Tap 'Approve'.
h. Tap “Deposit” and confirm the transaction on your Binance Wallet.
i. You have successfully deposited your BTCB.
j. Go back to the Megadrop Mission Detail page and tap “Verify” to confirm your mission status.
SOLV Megadrop Period:
The SOLV Megadrop period starts from 07-01-2025 to 16-01-2025 17:00 WIB