Solv Protocol Launches Airdrop Checker Just Before SOLV Token Distribution Set for January 17.

Bitcoin staking platform Solv Protocol The announcement includes the introduction of an airdrop checker that allows users to confirm their eligibility for the imminent SOLV airdrop. As mentioned, eligible participants will have a 24-hour window to claim their tokens.

All claims will occur on the BNB network, so users are recommended to maintain a small amount of BNB in their wallets to manage gas fees. Claims will take place at 9:00 UTC on January 17. Furthermore, starting at 10:00 UTC, users will have the opportunity to trade SOLV tokens on platforms like Binance and other crypto exchanges.

Any SOLV tokens that are left unclaimed or forfeited will go back to the Community Rewards & DAO Treasury on March 18 at 9:00 UTC, strengthening Solv’s BTC reserves for dedicated users.

Understanding SOLV: The Tokenomics and Vesting Timeline 

SOLV is a BEP-20 token focused on fairness, sustainability, and long-term growth. The maximum supply of SOLV stands at 8.5 billion tokens, with an initial circulating supply of 1.48 billion and a projected total supply of up to 9.66 billion.

Per the SOLV tokenomics, 7.65% of the total supply will be allocated by the Solv Foundation. Out of this, 7.25% is earmarked for participants in Season 1 of the Solv Points System, while 0.25% is designated for early supporters, such as those holding Vesting Vouchers or Seahorse Points. Additionally, 0.15% will be allocated to eligible participants from the OKX Cryptopedia Campaign.

Among the recipients, 99% will immediately unlock 100% of their SOLV tokens, while the top 1% will undergo a 3-month lock-up period to promote price stability. Any leftover or unclaimed tokens from early-exit users will revert back to the Community Rewards & DAO Treasury.

At launch, 40% of the SOLV 60% of the total supply will enter the market as liquid, with the remaining 40% being gradually unlocked over three months. Each month, 20% of the remaining tokens will be made available. For each unlocking, users must maintain an average daily holding in Season 2 that matches or exceeds their average daily holding in Season 1. Should their holdings drop in Season 2, their claim will be proportionally reduced.

Solv Protocol The platform connects entities on the blockchain with individual and institutional investors through a liquidity network, offering services like delta-neutral strategies, yield enhancements, and bespoke financial products. Since its inception in April 2024, over 25,000 BTC have been deposited, situating the protocol as one of the fastest-growing BTC reserves in the decentralized finance space (DeFi). Its Bitcoin Reserve now ranks as the fifth largest compared to reserves owned by governments. SolvBTC As a reminder, the information found on this page is not intended to serve as legal, tax, investment, financial, or any advisory kind. It’s crucial to only invest what you're prepared to lose and to seek independent financial advice if you're uncertain. We encourage you to review the terms and conditions, as well as support resources provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate and unbiased reporting, but be aware that market conditions can shift unexpectedly.