The 3rd project on the Megadrop platform - Solv Protocol (SOLV), a promising Bitcoin staking protocol designed to build a financial ecosystem focused on Bitcoin.
❤️ Solv Protocol is a Bitcoin staking protocol among the top 3 promising projects in the Babylon ecosystem.
🟢 Functioning mechanism:
Users send Bitcoin to the protocol to receive SolvBTC (Liquid Staking Token), allowing participation in DeFi activities to optimize profits from staked assets.
🟢Achievements:
🔸 Raised 11 million USD through 5 funding rounds.
🔸 Received investment from major funds such as Binance Labs, Spartan, IOGS Ventures, Mirana Ventures, and many other reputable partners.
❤️ Token Information:
✅ Maximum total supply: 9,660,000,000 SOLV (may increase through governance mechanisms).
✅ Total supply at TGE: 8,400,000,000 SOLV (86.96% of maximum total supply).
✅ Megadrop Rewards: 588,000,000 SOLV (7% of total supply at TGE, 6.09% of maximum total supply).
✅ Initial circulating supply: 1,482,600,000 SOLV (17.65% of total supply at TGE, 15.35% of maximum total supply).
✅ How does Megadrop work?
😎 Binance Megadrop is a platform for launching new tokens, integrating Binance Simple Earn and Binance Wallet.
😎 Users participate by locking BNB or completing Web3 tasks to accumulate points and receive token rewards from promising projects before listing.
✅ Important Information:
✅ Snapshot schedule, listing time, and details of Web3 tasks will be announced by Binance in future updates.
✅ Binance is the first platform to list Solv Protocol (SOLV).
✅ Reward tokens will be sent directly to users' Binance Spot Wallet.
👑 More information about Solv Protocol (SOLV): READ MORE