May 27
Solstice launches SLX token for fast-growing Solana yield ecosystem
Solstice launches SLX to expand its Solana-native yield and dollar ecosystem.
➤ Solstice Finance has launched the SLX token to enhance its Solana-based yield and digital dollar ecosystem, which currently has over $400 million in total value locked (TVL). ➤ The SLX token is designed for utility and governance, with a fixed supply model and no venture capital allocation, aiming to avoid post-launch selloffs. ➤ The Solstice ecosystem includes USX (Solana's largest native dollar settlement asset) and eUSX (a yield-bearing dollar asset), leveraging Chainlink oracles for pricing transparency.