According to a research report on the Bitcoin staking protocol Solv Protocol released by Binance Research, Solv Protocol has raised approximately $24 million through 4 rounds of private placements, of which 28.86% of the Genesis token supply has been sold. As of December 31, 2024, the maximum token supply of SOLV is 9.66 billion (dynamic, possibly increased through DAO governance of the Bitcoin Reserve Funding Program). The total Genesis supply of SOLV is 8.4 billion. The circulating supply after listing on Binance will be 1.4826 billion.
SOLV tokens are distributed as follows:
Binance Megadrop: 7.00% of the total Genesis supply; 6.09% of the maximum supply
Community Airdrop: 8.50% of the total Genesis supply; 7.39% of the maximum supply
Team and Advisors: 13.00% of the total Genesis supply; 11.30% of the maximum supply
Community Rewards DAO Treasury: 18.00% of the total Genesis supply; 15.65% of the maximum supply
Community Rewards (External Partners): 8.50% of the total Genesis supply; 7.39% of the maximum supply
Ecosystem Development: 8.14% of the total Genesis supply; 7.08% of the maximum supply
Business Development: 4.00% of the total Genesis supply; 3.48% of the maximum supply
Vesting Voucher Holders: 1.00% of the total Genesis supply; 0.87% of the maximum supply
Private Equity Investors: 28.86%; 25.10% of maximum supply;
Liquidity: 3.00% of total Genesis supply; 2.61% of maximum supply;
Bitcoin Reserve Fundraising Plan: 0.00% of total Genesis supply; 13.04% of maximum supply.