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I have been reading the @SolvProtocol documentation for a day and just tried depositing money. I'm going to make a tutorial first so that I can get some experience.
Risk-free full-chain Bitcoin Yu'ebao earning tokens graphic tutorial 1. Background identity
1. Founded by Meng Yan, Vice President of CSDN, CSDN is the world's largest Chinese developer community and is very influential in China. At the same time, I have been following Meng Yan's public account since 2015.
2. Investment institutions: Binance Labs Investment, Nomura Securities Investment, and iosg Investment.
3. For ordinary people, solv is the full-chain Bitcoin Yu’ebao with high annualized returns. People in the crypto can understand solv as the eigenlayer + ethena of the Bitcoin ecosystem.
4. The ARB chain and Merlin chain BTC staking were launched on April 5. As of April 22, the total TVL exceeded 600 million US dollars, and the number of platform participants exceeded 82,000 (there are people participating in China, Japan, South Korea, Europe and the United States, the expansion speed is amazing!).
Solv has now opened BTC staking services for the ARB chain, BNB chain, and Merlin chain.
5. The first time to release the pledge will be in June, so it is very likely that the coins will be issued in June. If you pledge now, you can still receive more than one month’s worth of points.
6. Without further ado, to sum it up in one sentence, Solv may be listed on a major exchange in the future (Binance has invested in it), and the pledge is safe (SlowMist and Little Sweetie have passed the audit), and there is still more than a month to get the tokens for free.
2. Interpretation of the points rules
Divided into basic points and referral rewards, points are also divided into different levels. There is no group play for merlin chain and blast chain for the time being
1. Basic points
Basic points are related to your pledge funds and pledge duration
Basic points = XP*holding time for every dollar deposited, now one dollar is 4 points
2. Invitation rewards recommend others to pledge and get 10% of others' points
3. Points bonus
Participating in community activities or reaching the pledge threshold can get points bonus
Points bonus = basic points*bonus multiple
Official article on points rulessolvprotocol.medium.com/introd...…
3. Specific steps for pledge deposit
1. Enter through the link: app.solv.finance/points/S9C7RS
2. Connect to Metamask or OKX wallet
3. The invitation code will be automatically entered as S9C7RS. Click redeem.
4. Connect to Twitter and follow the solv Official Twitter and wallet signature
5. Click solvbtc. Now that the bnb chain has just been launched, there is a two-week double points reward (the double points will end around May 4), so you can choose to deposit bnb chain into btcb
6. Switch the Metamask Wallet network to the bnb chain. BTCB is the BTC on the bnb chain. You can buy BTC from the Binance exchange and choose the bnb chain as the withdrawal network. You can also exchange bnb for BTCB on the bnb chain.
7. Enter the BTC amount to be deposited, click approve, and the Metamask Wallet will pop up.
8. Click Next, then click Stake
9. This is the amount of BTC you staked on the bnb chain.
10. Arbitrum second-layer chain is to withdraw money through Binance or uniswap to exchange wbtc, and then deposit it for pledge
11. On the Merlin chain, just deposit MBTC
12. In addition, trading strategies allow for single-coin staking and earning the annualized return of a single coin. The staking redemption period ranges from 14 days to 30 days.
You must save this. Solv is very popular in Japan now. Think about the sensational effect of Yu'ebao when it was first launched on Alipay, and you will know how attractive Solv is to people outside the crypto.
BTC is stored until June and unlocked. By that time, BTC will probably be worth 80,000 to 90,000 dollars, and you will have solv tokens. … twitter.com/i/web/status/17822...
The best strategy is to pool money with a few trusted friends and increase the pledge amount, because the larger the pledge amount, the more it will trigger the pledge threshold, and the higher the multiplier of the points bonus will be.
If you are solvbtc on the merlin chain, you can deposit solvbtc into the Avalon lending platform and receive another layer of points airdrop.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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