PANews reported on January 15 that Bitcoin staking protocol Solv Protocol announced that the SOLV token airdrop will open for airdrop qualification verification at 17:00 (Beijing time) on January 16, and will be officially available for collection at 17:00 on January 17. SOLV tokens will be listed on exchanges such as Binance, Bybit and Hyperliquid at 18:00 on January 17. Unclaimed tokens will be returned to the community rewards and DAO treasury after 17:00 on March 18.

It said that since the launch of SolvBTC in April 2024, the platform has attracted more than 24,500 BTC deposits.

In terms of token distribution, 7.65% of the supply is dedicated to the Solv community, of which 7.25% is allocated to Solv points system participants, 0.25% is allocated to early supporters, and 0.15% is allocated to OKX Cryptopedia active users. In addition, the top 1% addresses are subject to a 3-month linear unlocking rule, and the portion that does not meet the conditions will be returned to the community reward pool.

To further expand its Bitcoin reserves, Solv plans to conduct three Bitcoin Reserve Offerings (BROs) in 2025, minting 42 million SOLVs each time for convertible note sales.

Earlier news, Binance announced that the Solv Protocol ( SOLV ) Megadrop is now open and SOLV /USDT trading will be opened on January 17 .