5.4K @kantianum .@solomon_labs getting closer to its public launch
SOLO has been trading at discount to its NAV for months, but the gap has been closing lately (treasury decreases because of monthly spends while price stays flat)
Discount was like 15%-20% at the bottom. signal?
source: @01Resolved
10.9K @PapiChuloGrim I’ve been getting a lot of questions about what’s next for @solomon_labs and $USDv, so I wanted to share a bit of perspective now that I’m getting settled in as CMO.
We have an exciting sequence of updates coming over the next couple of months.
We’ve been working across the team to map out the rollout of USDv and the broader Solomon ecosystem. There’s an incredible amount happening behind the scenes to make sure we build this the right way.
We’ve completed one audit and are now working through the final report. We’re also commissioning a second independent audit, not because we have to, but because USDv is intended to become infrastructure.
It will touch a wide range of financial surfaces, and that deserves an equally high standard of confidence for users, builders, and partners.
The next weeks will have a cadence of product releases, ecosystem updates, partnership announcements, integrations, and community initiatives.
We’re also preparing several community programs for both USDv users and solana:SoLo
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57.8K @StalkHQ Over the past 2 weeks, it looks like $SOLO was getting nuked…
Over $600K in sell orders showed up on-chain via DCA
But here’s what most people missed:
Only $382K actually got filled via DCA
One wallet sold about 80% of total sell ($312.1k)
wallet: DkpnsN75fXo5Q1nTsRoGYgJd3WF6okAwaumGgwqL7nWq
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2.1M @toly 🧠🧠🧠 https://t.co/p67chouKII
8.3K @solomon_labs Proposal 00002 is now live.
This proposal authorizes the DAO to acquire SOLO and establish a restricted incentives reserve for programs like pips.
The reserve will back participation incentives that help scale your dollar rails. https://t.co/KqLan3MKgZ https://t.co/eGa2vBzZu8
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