I’m VERY excited to announce I’m joining
@solomon_labs as CMO!
There have been a few clear winners going into the next cycle: RWAs, perps, stablecoins.
There is one jarring problem with stables today: holders put up all the risk, issuers get all the upside. More than $10 BILLION of it annually.
Every stablecoin is effectively a loan. The holder is the lender. The issuer keeps the interest.
If you want any upside, it means staking, wrapping, trusting 5 smart contracts.
Solomon’s stablecoin $USDv, soon to launch publicly, flips this on its head: a single user opt-in means earning by default… indefinitely.
Using any other stable is leaving money on the table, and you don’t need to change how you behave onchain.
Earn:
• In your wallet
• In an LP
• In a lending market
• As idle liquidity
The big picture with Solomon is more than just USDv. USDv is a showcase of an engine that can power any asset and allow users to route their rewards.
In a future state, this COULD look like:
• Hold a tokenized stock in wallet 1
• Receive a dividend to wallet 2
• Choose to receive the dividend in $ANSEM, $CARDS, $SOL or any other currency
Excited to be building this future on
@solana as part of the
@MetaDAOProject ecosystem. The $SOLO token represents ownership onchain in this journey, which means no token games or gimmicks. A real breath of fresh air for me.
A big thanks to
@oxranga and team for the opportunity.
If you made it this far, be sure to give
@solomon_labs a follow!