Binance announced that it will list Solv Protocol's SOLV token on its platform on January 17, following an airdrop of tokens through the Megadrop platform.
Listing and Trading Pairs
Binance has announced the listing of Solv Protocol's SOLV token. Trading will begin on January 17 at 10:00 UTC, with trading pairs available against USDT, BNB, FDUSD, and TRY. The initial circulating supply will be 1,482,600,000 SOLV, representing 17.65% of the token's initial supply and 15.35% of the maximum supply of 9,660,000,000 tokens.
Airdrop on Megadrop Platform
Prior to the trading launch, Binance will host an airdrop of SOLV tokens on its Megadrop platform on January 7 at 00:00 UTC. Megadrop provides users with early access to Web3 projects, allowing them to complete tasks to earn points, which can then be redeemed for tokens. Until January 16, 588,000,000 SOLV tokens will be distributed among eligible participants.
Support and Investments in Solv Protocol
Launched in 2020, Solv Protocol offers staking opportunities for Bitcoin holders. The project secured $11 million in strategic funding, backed by Binance Labs and other notable venture capital firms.
The listing of the SOLV token on Binance opens up new market opportunities and supports the development of a Bitcoin-based financial ecosystem.