Steez

Web 3.0 | Blockchain | Tech | Community Buidler | Business Dev

[Solstice @solsticefi]

BREAKING: Fat Cat Corp closed after strays take their yield back.

This revolution WILL be televised.

SLX begins today.

[Solstice @solsticefi]

SLX is coming to Kraken.

May 25.

[Solstice @solsticefi]

The TVL requirement in the season 2 dashboard is moving from a single snapshot to a Time-Weighted Average (TWA).

TWA TVL measures how much you held and for how long - built to reward consistent participation.

[Solstice @solsticefi]

TAKE YOUR YIELD BACK.

Just taking the scenic route.

May 25th.

[Solstice @solsticefi]

$400m TVL and counting.

Can't stop, won't stop.

[ben @ben_solstice]

SLX TGE is moving to May 25.

We don’t take decisions like this lightly. Feedback from our partners made the best path clear: launch at the start of the week with stronger conditions for liquidity and market momentum.

The extra time gives the team and the 40+ key partners supporting this launch 4 more days of additional preparation.

Strap in.

[Solstice @solsticefi]

TAKE YOUR YIELD BACK.

SLX. May 21st.

[Solstice @solsticefi]

Meet staked SLX (stSLX) - SLX’s first planned utility, up to 20% APY.

If you love eUSX, you’re really going to love stSLX.

[Solstice @solsticefi]

Flares S1 registration closes tomorrow.

Wallets that don't register forfeit their SLX allocation. Forfeited SLX redistributes to registered participants.

Last day to lock in. 🌞

[Solstice @solsticefi]

The exploit that broke Aave wasn't really about Aave.

23.5 Degrees unpacks the exploit chain reaction today at 1 PM UTC.

@ben_solstice and @RyanDay are joined by @WCTNoah (@WhaleCoinTalk), @mauricedotxyz (@solflare), and @snj_peters (@Xerberus).

Set your reminder below.

[Solstice @solsticefi]

Flares Season 2 is live. 🌞

New mechanics to support commitment and retention - not farming.

Here's how everything works.

[Solstice @solsticefi]

One integration. Eight figures.

$50m+ in Solstice assets on @ExponentFinance - split into fixed and variable yield through PT/YT markets.

Internet Capital Markets at its best.

[Solstice @solsticefi]

Flares Season 1 is complete. Registration for your SLX is now open.

Here's the flow:

1. Connect your Season 1 wallet
2. Review your cohort and allocation
3. Pay the registration fee in SOL
4. You're locked in

7 days. Miss the window, lose your allocation.

https://t.co/Q1DjNj5ieY

[Steez @0xPtk_]

@jayowtrades Those are our test wallets hehe

[Steez @0xPtk_]

@FabianoSolana Those two wallets that you mentioned are our dev test wallets ^^

[Solstice @solsticefi]

Quick registration update.

We've seen some questions about the 0.075 SOL fee in the registration portal. Not a dime of this registration fee goes to Solstice. It covers third-party network and onchain costs from our audited airdrop claims and vesting provider. We'll make that clearer in the app and docs.

If you want to track what happens with the fees paid - here’s the wallet where the funds are sent. Solstice has no access to it.

DuX1wcoQrJ6XypxLNq3GRrmHFAAMgCqAKbzboabyCtzB

Of the 1.4m wallets that registered, less than 50k put real dollars into the ecosystem. This registration fee also helps to filter bots from genuine participants.

And good news for those who are registering:

Allocations from wallets that don't complete registration will be redistributed to people who contributed.

⛚ The point is making sure real users receive what they worked hard for.

[Solstice @solsticefi]

Flares Season 1 snapshot is complete. Season 2 is live.

Over 410 billion Flares earned.
10 million quests completed.

Your SLX allocation is set. Hold onto your TVL - claims open SOON.

[Solstice @solsticefi]

All our homies hate rug pulls.

@RyanDay breaks down what happened with Trove while @ben_solstice and @ice_breaker_tv discuss what it signals for the market.

[Solstice @solsticefi]

The borrow rate is 1% - the place is @kamino.

$10,000,000 in Solstice yield strategies funds two reward layers - USDC for suppliers, USX for borrowers.

[ben @ben_solstice]

Spoke at @consensus_hk about CBDCs and where the industry is heading.

If crypto just rebuilds centralized control on new infrastructure, we’ve missed the point.