Solv Protocol
  • Welcome to Solv
    • Introduction
    • State of Bitcoin Staking
    • The On-Chain Bitcoin Reserve
  • SOLV Token
    • SOLV Tokenomics
    • Claiming SOLV
      • Claiming SOLV from a Multi-sig Wallet
      • Claiming SOLV as Flexible Voucher Holders
    • Governance
  • Key Products
    • SolvBTC
    • SolvBTC LSTs
      • LST Suite
      • Yield Related Address
    • DeFi Vaults
    • Bitcoin Reserve Offerings
  • Staking Abstraction Layer (SAL)
    • Introduction
      • The Challenges with Bitcoin Staking
      • What is SAL?
    • Architecture
      • The Ecological View
        • The Staking Protocols
        • The LST Issuers
        • The Staking Guardians
        • The Yield Distributors
      • The Technical Architecture
        • The Staking Abstraction Matrix
        • LST Issuance Services
        • Staking Verification Services
        • Transaction Building Services
        • Yield Distribution Services
      • Diverse Yield Streams Accessible Through SAL
  • Security
    • Solv Guard
    • Smart Contract Governance
    • Smart Contract Audits
      • Audits
  • USER GUIDE
    • Deposit BTCB in Binance MegaDrop
    • Claim BABY as xSolvBTC Holders
  • Developer Guide
    • Core Components
      • Price Oracles
      • Cross-chain Bridge
    • Smart Contracts
      • Technical Architecture
      • Asset Storage & Representation
      • LST Oracle Mechanism
      • Contract Addresses
    • Integrations
      • SolvBTC and SolvBTC.LSTs
      • Data Services
        • SolvBTC/SolvBTC.LSTs storage pools
        • User Assets
      • SAL Services
    • Code Repo
  • Legal
    • Terms of Use
    • Privacy Policy
    • Cookie Policy
    • Disclaimer
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On this page
  • Token Distribution
  • Token Allocation (of genesis supply)
  • Token Allocation (of max supply as of December 31, 2024)
  • Token Release Schedule (of max supply as of December 31, 2024)
  • Token Utility
  • Token Information
  • Token Information Maintenance:

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  1. SOLV Token

SOLV Tokenomics

SOLV is the native utility token of Solv Protocol.

  • Max token supply: 9,660,000,000 (dynamic, may increase via network governance for Bitcoin Reserve Offering).

  • Total genesis supply: 8,400,000,000

  • Circulating supply upon Binance listing: 1,482,600,000 (17.65% of the genesis token supply, 15.35% of max token supply).

Token Distribution

Token Name

SOLV

Binance Megadrop

7.00% of the genesis token supply; 6.09% of max token supply

Community Airdrop

8.50% of the genesis token supply; 7.39% of max token supply

Team & Advisors

13.00% of the genesis token supply; 11.30% of max token supply

Community Rewards & DAO Treasury

18.00% of the genesis token supply; 15.65% of max token supply

Community Rewards (External Partners)

8.50% of the genesis token supply; 7.39% of max token supply

Ecosystem Development

8.14% of the genesis token supply; 7.08% of max token supply

Business Development

4.00% of the genesis token supply; 3.48% of max token supply

Vesting Voucher Holders

1.00% of the genesis token supply; 0.87% of max token supply

Private Sale Investors

28.86% of the genesis token supply; 25.10% of max token supply

Liquidity

3.00% of the genesis token supply; 2.61% of max token supply

Bitcoin Reserve Offering

0.00% of the genesis token supply; 13.04% of the max token supply

Token Allocation (of genesis supply)

Token Allocation (of max supply as of December 31, 2024)

Token Release Schedule (of max supply as of December 31, 2024)

Notes on Bitcoin Reserve Offering:

  • Solv preliminarily plans 3 BROs, each minting 42 million SOLV tokens exclusively for convertible note sales (scheduled for Q1, Q2, and Q3 2025). These sales will acquire BTC for the protocol-owned reserve. Convertible notes mature in one year, with SOLV token claimability in Q1, Q2, and Q3 2026, respectively.

  • Afterward, further Bitcoin Reserve Offerings will be under DAO governance, and the token supply may increase via network governance for Bitcoin Reserve Offering.

Token Utility

  • Governance: vote on network governance decisions by holding/staking SOLV.

  • Staking: earn protocol emissions by staking on Solv's Staking Abstraction Layer.

  • Fee Discounts: enjoy fee discounts on Solv Protocol, including redemption fees for SolvBTC.

Token Information

Token Information Maintenance:

If you find any outdated information, please contact [email protected].

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Last updated 4 months ago

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