PANews reported on December 30 that according to the official announcement, Binance Megadrop has launched the third phase of the project - Solv Protocol (SOLV), a Bitcoin staking protocol that focuses on building a financial ecosystem with Bitcoin at its core. Binance will list SOLV after the completion of Megadrop, and the specific listing plan will be announced separately, so stay tuned. The quota information of this Megadrop and the details of the Web3 tasks will also be announced at that time.
According to the announcement, the maximum supply of SOLV tokens is 9.66 billion, and the total supply of genesis tokens is 8.4 billion (86.96% of the maximum supply of tokens). The Megadrop token reward is 588 million (7% of the total supply of genesis tokens, 6.09% of the maximum supply of tokens). The initial circulation when Binance lists the coin on spot: 1.4826 billion SOLV (17.65% of the total supply of genesis tokens, 15.35% of the maximum supply of tokens).
