Get Ready for Babylon’s Cap 2 with SolvBTC.BBN & Binance Web3 Wallet!

Solv Protocol is excited to team up with Binance Web3 Wallet for another thrilling campaign as we gear up for the Babylon Cap 2 Launch!

As the leading Bitcoin staking platform, Solv Protocol allows Bitcoin holders the opportunity to generate yield through Liquid Staking Tokens (LSTs). By staking SolvBTC into SolvBTC.BBN, Bitcoin holders can earn Babylon staking yields while contributing to the security of Proof-of-Stake (PoS) chains. This partnership with Binance Web3 Wallet will enable thousands of Bitcoin holders to tap into these yields, driving greater adoption and utilization of Bitcoin in the DeFi space.

During Babylon’s Cap 1, Solv Protocol successfully maxed out the 250 BTC allocation, becoming the largest LST platform to stake Bitcoin in Babylon. Now, with Cap 2 approaching, we’re ready to scale new heights!

New users can join the action by registering for a Binance Web3 Wallet.

Existing users can jump right in and leverage their wallets to dive deeper into SolvBTC.BBN staking.

Stay tuned as we prepare for the next chapter in Babylon!

Prize Pool:

1. 20% XP Boost, credited 2 weeks after the campaign ends.
2. Enjoy 12 XP/$1 per day for holding SolvBTC.BBN

Campaign Duration:

• Start Date: October 1, 2024, 6:00 AM UTC+0
• End Date: October 10, 2024, 11:59 [PM UTC+0

How to Participate?

Get at least 0.0002 BTCB

Before staking, you’ll need a minimum of 0.0002 BTCB on the BSC network in your Binance Web3 Wallet. Please note that you also must have some BNB to cover gas fees.

1.1. Select the [Web3] tab and tap [Receive].

1.2. Select BTCB as the asset.

1.3. Tap [Transfer In] to transfer BTC with BNB Smart Chain (BEP20) from your Spot Wallet to receive BTCB in your Web3 Wallet.

Please note that you’ll need at least 0.0002 BTCB to proceed with the task.

1.4. Make sure you have some BNB tokens worth $2–3 to cover the gas fees. You can tap [Transfer] to transfer BNB from your Spot Wallet to your Web3 Wallet.

For more details, please refer to How to Send and Receive Tokens on Binance Web3 Wallet?.

Join the campaign

2.1. On your Web3 Wallet homepage, go to [Discover] — [Airdrops]. Tap [Joined] under the campaign banner

2.2. Tap into the campaign landing page and tap [Stake Now].

Deposit your BTCB to SolvBTC

3.1. Tap [SolvBTC] — [Connect Wallet] to connect your Binance Web3 Wallet.

3.2. Switch to [BNB Chain], enter the amount of BTCB to stake. Please note that you need to stake a minimum of 0.0002 BTCB. Tap [Approve].

3.3. Tap [Deposit] and confirm the transaction on your Binance Web3 Wallet.

3.4. You’ve successfully deposited your BTCB

Stake your SolvBTC to our Babylon LST.

4.1. Tap [SolvBTC.LSTs] and select [SolvBTC.BBN]. Switch to [BNB Chain], enter the amount of SolvBTC to stake. Please note that you need to stake a minimum of 0.0002 SolvBTC. Tap [Approve].

4.2. Tap [Stake] and confirm the transaction on your Binance Web3 Wallet.

4.3. You’ve successfully staked your SolvBTC.BBN and confirm in [My Portfolio]