Solv protocol is a Bitcoin liquidity and restaking protocol, with its own multichain tokenized version of Bitcoin, $solvBTC, and their restated versions, $solvBTC.BBN, $solvBTC.ENA, and others. This way users can earn yield from Bitcoin restaking while maintaining the full ownership of their funds in the form of LRT tokens.
While there is no clear tokenomics description from the project, our team assumes $SOLV is going to be its governance token, similar to Renzo’s $REZ, or Swell’s $SWELL. On January 13th, 2025, the platform announced a $SOLV token sale on BingX launchpad, allocating 0.27% of the total supply at the FDV near $30M.
Solv Protocol - Sale on BingX Launchpad Overview
No Lockup
BingX Launchpad
Solv Protocol - Sale on BingX Launchpad Round Result
Solv Protocol - Sale on BingX Launchpad Current Token Data
How to join Solv Protocol - Sale on BingX Launchpad?
To participate in the $SOLV token sale on BingX, first, you need to sign up or log in to BingX, complete a KYC verification, and acquire some $USDT on the BingX balance. The BingX sales are organized in a “random allotment” structure, where the participants with the desired amount of tokens to purchase are subscribed to the BingX sale and then the system randomly picks the winner.
The maximum size of the purchase in this sale is 4M $SOLV, or $80,000 but you can increase this amount by inviting users to BingX via your referral link. Per each invitee, you will receive an additional 20 $USDT to your allocation + potentially more rewards not related to the sale.
Starting from 16 Jan 2025, you will be able to subscribe to the upcoming $SOLV sale, and 24 days after the pool opens, you will be notified if you won the lottery. The platform will be doing multiple snapshots between 2025-01-16 07:00 to 2025-01-17 05:59 (UTC), so make sure you have subscribed in time for sale. Here’s the full sale schedule and structure:
If so, you will receive your $SOLV allocation in exchange for the contributed $USDT and will be able to freely trade tokens at the TGE.
Good Luck! 🍀
Step-by-step Guide
Register or Log in on BingX;
Get some $USDT on your BingX balance;
Visit the sale page;
Invite friends to BingX, and increase your potential allocation by 20 $USDT per each invitee;
At the start of the subscription phase, enter the amount of $USDT to contribute (max 400 $USDT);
If won, you will receive your $SOLV tokens;
Receive allocation and trade $SOLV after the listing campaign.