$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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