SLXSolstice (SLX) Price

1.Project introduction

Solstice Finance is a decentralized finance ecosystem incubated by Deus X Capital. It offers a stablecoin (USX) and yield-bearing products like eUSX. The protocol's governance and utility token, SLX, has a fixed supply of 1 billion tokens. Solstice emphasizes fairness by having no early VC allocations, with a large portion of tokens allocated to the community. It also features a track record of secure yield generation and a transparent token distribution model. Solstice supports over $400 million in total value locked.

2.Team introduction

Ben Nadareski - CEO & Co-founder

https://www.linkedin.com/in/benjaminnadareski/

Tim Grant - Co-founder & Chairman

https://www.linkedin.com/in/tim-j-grant/

Marcus Maute - Managing Director

3.Investment institution

Solstice is backed by Deus X Capital, Galaxy Digital, MEV Capital, Bitcoin Suisse, and Auros. 

4.Token application and distribution

Token application

$SLX is Solstice Finance's utility and governance token, granting access to exclusive features and voting rights on protocol decisions. It has a fixed supply and no venture capital allocation, with utility tied to protocol usage and expansion. Solstice supports over $400 million in total value locked.

Token distribution

FOUNDATION: 24.00%

COMMUNITY: 37.71%

TEAM_AND_ADVISORS: 20.00%

AIRDROP: 10.00%

STRATEGIC_TVL_PARTNERS: 8.00%

PUBLIC_SALE: 0.29%