Binance Deploys 3rd Megadrop for $SOLV , After $Lista and$BB then $solv is Binance's next Megadrop project.

What is Solv Protocol ??

Solv Protocol is a Bitcoin staking protocol, ranked in the top 3 potential projects
part of the Babylon ecosystem. The protocol operates on a simple mechanism, allowing users to deposit Bitcoin and receive SolvBTC – a Liquid Staking Token (LST). This token helps users participate in DeFi protocols to optimize profits.

Solv Protocol has attracted significant attention, successfully raising 11 million USD through 5 funding rounds, with participation from funds like Binance Labs, Blockchain Capital, gumi Cryptos Capital, and Mirana Ventures.

Megadrop information for Solv Protocol

  • Token name: Solv Protocol (SOLV)

  • Total maximum supply: 9,660,000,000 SOLV (can be increased through network governance for Bitcoin Reserve Offering)

  • Initial supply: 8,400,000,000 SOLV (86.96% of total maximum supply)

  • Megadrop rewards: 588,000,000 SOLV (7.00% of initial supply, 6.09% of total maximum supply)

  • Initial circulating supply when listed on Binance Spot: 1,482,600,000 SOLV (17.65% of initial supply, 15.35% of total maximum supply)



To participate in Binance Megadrop, you can follow these steps:

  1. Register Account and Verify KYC:

    • REGISTER ACCOUNT HERE

  2. Create Binance Web3 Wallet:

    • You need to have at least one active Binance Web3 wallet. If you don't have one, create a wallet in the Binance app.

  3. BNB Lock (Binance Coin):

    • Participate in Binance Simple Earn's "BNB Locked Products" to lock your $BNB . Your reward points will be calculated based on the amount of BNB and the duration of your lock. The longer the lock time, the higher the reward points.

  4. Complete Web3 Tasks:

    • Access the Megadrop section in the Binance app to see the Web3 tasks related to the project you want to participate in. Complete these tasks to accumulate reward points.

  5. Check and Claim Rewards:

    • After completing the tasks or locking BNB, you can check your points on the Megadrop project page. Rewards will be airdropped to your Spot wallet on Binance based on the total points you have accumulated.