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Recently, there’s a pretty good project in the Solana ecosystem to keep an eye on: @solsticefi.
In the Solana ecosystem ranking, it’s currently 11th in TVL, with most of the top ten having already issued tokens.
It’s said that Solstice will also issue tokens after S2 ends, with at most three months remaining.
Solstice is a stablecoin protocol in the Solana ecosystem, mainly developing USX (Solana’s native stablecoin) and YieldVault (a permissionless yield protocol offering institutional-level delta-neutral returns and liquidity), while also operating Solstice Staking.
Participation is relatively simple; just open the app.
What you need to do is quite clear:
- Hold USX, which requires a relatively large principal:
- Buy YT, which is currently recommended in this market environment; it offers the highest bonus ratio but also the highest cost, and YT will expire to zero.
- Deposit into other DeFi protocols, such as lending, liquidity pools, etc., where holding LP tokens from Kamino or eUSX in Yield Vault for three months can achieve a 10x bonus, but also requires a significant principal.
As on-chain interactions are gradually warming up, I plan to get some when I encounter such good protocols.
Everyone is welcome to use my referral code “461CFB99” to receive a one-time reward of 1000 Flares.