Binance may have kickstarted a campaign that it hopes will help to endear Solv Protocol (SOLV) to its users. This follows after the leading global cryptocurrency exchange published a new post on its blog to announce a Megadrop to that effect.
Binance has announced a Megadrop campaign to help users earn Solv Protocol (SOLV) tokens. The campaign will run from January 7 to 16, 2025, and will offer a total reward pool of 588 million SOLV tokens (7% of the Genesis Token Supply).
To participate in the campaign, users can either stake BNB in Locked Products to earn scores based on the length of their staking period (longer periods = higher scores = more SOLV rewards), or complete Web3 Quests to further boost their scores.
Users can verify their activities through the Binance Megadrop page and start claiming rewards daily from the campaign launch on Monday. After the campaign ends on January 16, all rewards will be automatically distributed to the spot wallets of participants.
Binance will also be the first exchange to list SOLV tokens, showing its support for innovative projects in the blockchain space. The exchange will open trading for SOLV/USDT, SOLV/BNB, SOLV/BUSD, and SOLV/TRY pairs from January 17, 2025, at 10:00 UTC.
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