Very important to note @solsticefi has launched a new synthetic stablecoin called USX, which is natively built on Solana (rather than being a ported version of a stablecoin built elsewhere).
What distinguishes USX in solstice:
It is designed for high capital velocity and composability: users can deploy it across DeFi products on Solana seamlessly.
It is backed 1:1 by real collateral with a proof of reserve mechanism (using Chainlink’s Proof of Reserve) for transparency in collateral backing.
At launch it achieved substantial traction with over US$150 M to US$210 M in Total Value Locked (TVL) locked in.
The purpose is to fill a perceived gap: although many stablecoins exist across chains, Solstice argues that none were “born on Solana with native yield mobility”.
Hence: USX isn’t simply another stablecoin it is targeted to deliver not only stability but also yield, native chain integration, and institutional grade features.
Duncan Yap is coming soon.
Soon you’ll be able to start yapping about Duncan on Farcaster. This feature is designed to bring the community closer together and bring back the kind of energy we all remember from the early Farcaster days, when the timeline was alive and everyone was building and talking together.
Top performers on the Duncan Yap leaderboard will receive Free Mint tickets for the Dunk Loot Box , a limited collection that we’ll be launching on OpenSea in the near future. In addition, outstanding contributors each week will also receive $Dunk rewards for their impact and activity across the community.
Duncan is the first project introducing a Yap leaderboard mechanic on Farcaster, and this is just the beginning.
Stay close, stay loud, family.
it's been a while since i did airdrop of $3,000,000 to all of you who interacted with my post, and those who did know it well.
like, rt & leave your wallet id. is a new era now and i might include you in something valuable.
🔔🐸
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