SOLV Protocol is set to launch its Megadrop on January 7, 2025, offering users a chance to earn up to 4.7 million SOLV.
Megadrop Details and Participation
In anticipation of significant user base growth, Solv Protocol is launching its Megadrop on January 7, 2025, at 00:00 UTC, with subsequent listing on Binance on January 17, 2025. Participants can trade SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY pairs, with a total coin supply of 9.66 billion SOLV. To participate, users can subscribe to BNB Locked Products or complete Web3 quests like staking 0.0001 BTCB on Solv Protocol. The Megadrop will distribute 588 million SOLV rewards, with successful KYC in eligible regions required for participation.
Security Incident and Recovery
On January 1, 2025, Solv Protocol faced a significant security incident when hackers took control of its official Twitter account. This resulted in the posting of fraudulent information that could have compromised users. The security team swiftly regained control of the account and enhanced security measures on all platforms.
What is SOLV Protocol?
SOLV Protocol is a significant player in the Bitcoin financial market, managing over 20,000 bitcoins with a total value locked of $1.4 billion. The platform offers bitcoin accessibility across multiple blockchain networks, including Ethereum, BNB Chain, and Arbitrum, solidifying its position in the decentralized finance space.
SOLV Protocol continues to solidify its position in the crypto space with the new Megadrop and enhanced security measures. Interest in the platform is growing each day.
