$SOLO just went live. They’re MetaDAO’s latest ICO, which is the same ICO platform that launched $AVICI. $SOLO’s ICO target was $2M. But ended up having over $100M committed, making it 5147% oversubscribed. 😂 Will make a more detailed post on it soon, but think of it as the $ENA of Solana. CA: SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta
Here’s what you NEED to know about $SOLO before joining the ICO. 👇 • Solomon is doing for stablecoins what Ethena couldn’t: make yield composable instead of siloed. • And it’s launching with a MetaDAO structure where the team gets zero tokens at TGE. But here’s the kicker: Today’s stablecoins pay nothing. If you want yield, you leave the dollar. You stake. You rebase. You break composability. Solomon fixed that. USDv stays at $1, stays usable everywhere, and still earns. It’s the “productive dollar” model that stablecoins should’ve been since day one. No lock-ups. No wrappers. No rebasing headaches. Just a dollar that works. Team has built it quietly for over a year with real TVL and handled market shocks without blowing up. It's the first real attempt at making idle stable liquidity useful again. Do whatever fits your risk. 🤝
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