ChainCatcher news, according to Binance's announcement, Solv Protocol has released the SOLV tokenomics:Maximum token supply: 9,660,000,000 SOLV (to be increased through a governance vote on the BTC reserve fundraising plan);Total initial token supply: 8,400,000,000 SOLV (86.96% of the maximum token supply);Megadrop token rewards: 588,000,000 SOLV (7% of the total initial token supply, 6.09% of the maximum token supply);Initial circulating supply at the time of listing on Binance: 1,482,600,000 SOLV (17.65% of the total initial token supply, 15.35% of the maximum token supply).

ChainCatcher news, according to official sources, the Bitcoin staking platform Solv Protocol hinted at an upcoming SOLV token TGE, aimed at further unlocking the potential of the Bitcoin ecosystem.Previous news, the Bitcoin staking platform Solv Protocol completed a $11 million financing at a $200 million valuation, with participation from companies such as Laser Digital, Blockchain Capital, and OKX Ventures.

ChainCatcher news, the full-chain yield and liquidity protocol Solv Protocol announced a partnership with Binance Web3 Wallet to launch an airdrop event of 150,000 SOLV tokens, with the reward tokens accounting for 0.15% of the total supply of Solv governance tokens. The event runs from June 4th 14:00 to June 18th 07:59.