Solv Protocol’s Native Token SOLV to be Listed on Binance

Cryptocurrency exchange Binance has announced that it will list Solv Protocol’s native token, SOLV, on January 17. The token will be available for spot trading in pairs with USDT, BNB, FDUSD, and TRY, starting at 10:00 UTC.

Token Circulating Supply and Listing Details

Upon listing, the token’s circulating supply will be 1,482,600,000 SOLV tokens, representing 17.65% of the token’s genesis supply of 8,400,000,000 SOLV and 15.35% of the maximum supply of 9,660,000,000 tokens.

Before the spot listing, Binance will host an airdrop event on January 7 at 00:00 UTC via Binance Megadrop, the exchange’s token launch platform. This platform allows users to complete engaging tasks and earn points, which can be redeemed for token airdrops before their listing on Binance.

Megadrop Rewards and Eligibility

As part of the Megadrop rewards, 588,000,000 SOLV tokens will be distributed among eligible Binance users until January 16. To participate, users can earn rewards by subscribing to BNB Locked Products or completing various tasks on Solv Protocol to score points. These points will determine their reward allocation.

To maximize rewards, Binance urges users to fulfill both requirements. The Megadrop rewards are a unique opportunity for users to access the SOLV token before its listing on the global exchange.

About Solv Protocol

Launched in 2020, Solv Protocol is a Bitcoin staking platform that aims to develop a Bitcoin-native financial ecosystem. The platform offers staking opportunities to holders of the leading digital asset, which currently has a market cap approaching $2 trillion.

Solv Protocol has been backed by notable VC firms, including Binance Labs, Nomura’s Laser Digital, Blockchain Capital, and OKX Ventures, among others, in a $11 million strategic funding round held in October last year.

Stay up-to-date with the latest news and developments in the world of cryptocurrencies and finance on Global Crypto News.

Post Views: 0