/biz/ - Business & Finance

>>57419046
>al arguments
handsome fellow

Thank you Galactic Archbishop of Solidly

My solid are solid

The Fantom Foundation has shilled them days on end, check their twitter, basically it's a Solidly timeline. With such price moves (ie 10x), projects always get approached and offered new opportunities, marketing budgets get replenished etc.
So catalysts are almost a certainty and the chart supports them.

It is working together with LayerZero, granted early Chainlink CCIP access, being shilled by the Fantom Foundation, integrated by Lido Finance and Paraswap.
It's pumping and thriving btw ;)

SOLID v3. Solidly.com

tomorrow will be #1 dex on fantom chain after two days from launch there. Topkek. already 3rd dex before equal after 1 day.

It will be on 10 chains +. Imagine the seethe when it pass velodrome

It offers the sole Omnichain DEX (One token : SOLID) associated to its own bridge SolidSync, an in-house 2/3 bridging solution, a complete novelty in crypto using Chainlink CCIP, Axelar and Layer 0.

In Q1 2024, Solidly will release an Omnichain PERP product, using the SOLID token, offering Intent-based & bilaterally settled, permissionless derivatives on 10+ Chains.

- Solidly DEX introduced 50% gas savings to Uniswap V3
- Solidly APRs are highly competitive, e.g. 340% on $LINK/ETH.
- Solved long-standing problems like JIT attacks and toxic flow during volatile phases.
- Demonstrated in October (proven on-chain) that its solution can front-run even veteran MEV bots
- Working on an improved Solid V2 version with an killer feature for memecoins
- Token has actual utility, earns 20% of all swap fees and 100% of bribes. Can be staked to perfectly counteract its own inflation (i.e. 100% dilution protected), which in any case is low at ~6% per year, reaching ~0% in 18 years
- Tokenomics is top tier : 82m of 100m Solid have been emitted. 95% of these 82m is perpetually locked by voters. Liquid naked SOLIDs are only 7.5m, which will be the same tokens used on more than 10 chains. The token will have arbitrage opportunities.
- Additionally, token holders can exclusively decide where weekly emissions go by voting. Voters earn all of the swap fees for the pool they voted for, thus incentivising capital efficient capital allocation
- Recently partnered with $SYMM, LIDO & Chainlink, Layer 0 and Axelar and present on all majors aggregators (1inch, paraswap, cowswap, firebird..)
- Roosh (co-founder) is the main holder of SYMM which is launching in Q1 2024, bringing Solidly PERP the lowest fees possible in the industry.

And most important short-term catalyst:
Solidly will go across different L2 chains having completed their in-house 2/3 bridging solution, a complete novelty in crypto.

GODSPEED..

Let me spill the beans

Recently the team revealed on their discord that they completed their crosschain messaging aggregator (that's what the ann in OP is about) and they're just finishing up the UI and launching this week.

They revealed their first expansion will be to Fantom, of all chains why Fantom? it seems dead af

Thy seem to be in talks with the Fantom Foundation and also revealed that the Foundation migrated their veSOLID position from the original Solidly to this fork, which makes this the official continuation of Solidly. Most likely Andre Cronje will get involved again and redeem himself for his fuckup of the original version and all the bagholders he created, meaning: they'll pump the living shit out of this and create TVL-mania 2.0 like back in early 2022. Circulating market cap is $11 million and 95% of supply is locked by users into veSOLID. All whales have capitulated and every last die-hard hater is gone, there's literally no one to dump.

After this has pumped on Fantom, their DEX will quickly accumulate TVL on all other chains and become #2-3 on every chain and over time #1-2. Reason being that they highly optimized Solidly V3 (a Uniswap V3 fork), it has up to 50% gas savings vs Uniswap, full JIT protection and volatility-adjusted swap fees. They're already seeing higher capital efficiency numbers on mainnet than uni, despite having very little TVL. Technically it's a superior product, all that's left is a spark to fire it up, that's whats going to happen over the following weeks..