Head of Growth - @solomon_labs | ex-Crypto Product @venmo @paypal | Node operator | Views are my own | Not financial advice
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Joined August 2012
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A milestone for @solomon_labs. USDv is now on Raydium through Sunrise, with the liquidity to hold and trade it with confidence on Solana.
A stablecoin that earns natively, open to everyone.
solana:USDvUSpnhCr9yBgj3UyVrD239HRUv4RsHwH2FxsWuMk by @solomon_labs is now listed on @Solana via Sunrise.
USDv is a fully reserved digital dollar designed to make stablecoin capital productive.
Wow. Didnt realize @Polymarket was polygamous with user funds.
The beauty of Solomon tech is that not only can it be used to route rewards for other stabelcoin issuers, but it can be used for issuers of any value-accuring token: stables, stocks, LSTs, etc.
Pitching teams use cases for USDv as a stablecoin instead of traditional ones is easy because its a better product.
Solomon is just getting warmed up.
Top 10 Solana Protocols by 30D TVL Growth 📊
@NolusProtocol : 1801%
@solomon_labs: 449%
@upshift_fi : 392%
@reflectmoney : 299%
@deriverse_io : 169%
@streamflow_fi: 74%
@kestrel_fi : 55%
@SatRush : 51%
@pascaldottrade : 39%
@humafinance: 26%
Want to generate more revenue? Earn more.
Want more customers? Earn more.
Want investors to find you? Earn more.
Want to attract better talent? Earn more.
Want to get better at treasury management? Earn more.
Want to build a reputation? Earn more.
Want more runway for your ideas? Earn more.
Want to stay top of mind? Earn more.
The key to solving all your problems is earning more.
Hold USDv. Earn with Solomon.
Want to generate more revenue? Post more.
Want more customers? Post more.
Want investors to find you? Post more.
Want to attract better talent? Post more.
Want to get better at writing? Post more.
Want to build a reputation? Post more.
Want more feedback on your ideas? Post more.
Want to stay top of mind? Post more.
The key to solving all your problems is posting more.
ptucha.eth - Steve retweeted
ORE adopts solana:USDvUSpnhCr9yBgj3UyVrD239HRUv4RsHwH2FxsWuMk as a part of its reserves.
USDv lets dollars earn while doing the job they were already there to do. For ORE, that means earning on its reserves while continuing to provide buy side liquidity.
More to come with ORE.
More productive liquidity in the ORE Reserve.
The Reserve now allocates half of its stablecoin deposits to USDv from @solomon_labs.
USDv generates native rewards without staking or locking assets, allowing the Reserve to earn on its stablecoin liquidity while maintaining buy side support for ORE.
ptucha.eth - Steve retweeted
Proposal DP-00005 has passed.
20% (~$700k) of the DAO's SOLO/USDC FutarchyAMM
liquidity will be moved into a SOLO/USDv pool on @Raydium.
USDv is gaining traction across Solana. We're putting it to work in our own markets.
DP-00005 proposes moving 20% of SOLO’s FutarchyAMM liquidity from USDC/SOLO to USDv/SOLO on @Raydium, making the dollar side productive.
Read the proposal ↓
ptucha.eth - Steve retweeted
The first USDv distribution is complete.
Your dollars earned a 3.5% annualized rate in wallets, treasuries and pools. You held, sent and traded as you always have.
No staking. No wrapping. No lockups.
You didn’t have to do more with your dollar. Your dollar did more for you.
ptucha.eth - Steve retweeted
Happening TODAY, the first solana:USDvUSpnhCr9yBgj3UyVrD239HRUv4RsHwH2FxsWuMk distributions are now LIVE.
You earn nothing for holding your stablecoins in USDT/USDC.
With @solomon_labs your stablecoins earn without needing to stake or putting your funds into a vault.
Link in MCG bio to convert to USDv.
ptucha.eth - Steve retweeted
The first solana:USDvUSpnhCr9yBgj3UyVrD239HRUv4RsHwH2FxsWuMk reward distribution goes out this Wednesday.
Dollars in wallets, treasuries and liquidity pools, earning while doing what they were already there to do.
A new standard begins.
USDv changes what a quote asset does. Launching a token paired with USDv and that side of the pool earns continuously.
Projects can now fund themselves from their liquidity instead of selling into it.