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Solv Protocol launches a points system where users can earn experience points and exchange them for airdrops by staking BTC

Solv Protocol launches a points system where users can earn experience points and exchange them for airdrops by staking BTC

CointimeCointime2024/04/06 03:54
By:Cointime

Solv, a decentralized asset management protocol, launched a new points system aimed at incentivizing user participation in its ecosystem. In the first phase, users can earn base experience points (XP) by depositing funds into Solv Vault, with the amount of XP earned increasing based on the amount and length of time the funds are held. Additionally, users can earn extra XP equivalent to 10% of the base XP of their invited users. Users can also earn XP bonuses by reaching certain investment thresholds or participating in community activities. Accumulated XP can be used to redeem Solv token airdrops and have the chance to participate in more BTC-Fi ecosystem airdrop activities. It is worth noting that Solv BTC purchased on the secondary market will not generate any XP.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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