Solomon Price

Solomon
SolomonSOLO

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Market Stats

Name
Price
Price change(24h)
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SOLO

SOLO

Solomon

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SOLO

SOLO

Solomon

  • Price

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    Price change(24h)

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    N/A Solomon

What is Solomon (SOLO)?

Solomon is a DeFi project building the dollar infrastructure layer on Solana. Designed as an end to idle capital, Solomon designs and operates USDv, a fully backed, Solana-native stablecoin engineered to remain at a fixed dollar value without rebasing while streaming rewards onchain.

Unlike wrapper-based stablecoins that fragment liquidity, require staking, or rely on supply rebasing, Solomon’s infrastructure allows balances to earn yields by default without changing the nature of the dollar. Key differentiators include:

  • No staking or wrappers: Users do not need to lock assets, deposit them into secondary vaults, or hold a secondary token to earn.
  • Non-rebasing and unified liquidity: USDv stays at one dollar across all contexts, maintaining unified liquidity and deep composability.
  • State-aware reward tracking: Rewards track eligible USDv balances across wallets, decentralized exchanges, and liquidity pools (LP), enabling liquidity providers to collect LP swap fees while simultaneously earning rewards on the dollar leg of their positions.

Solomon’s primary token infrastructure revolves around the productive digital dollar USDv, which delivers several core utilities across the ecosystem:

  • Everyday spending and transfers: USDv can be held in wallets or spent within integrated applications and neobanks without losing reward accrual.
  • DeFi and liquidity provision: It integrates directly into liquidity pools and protocols, allowing users to earn trading fees on decentralized platforms alongside automated yield on their stablecoin allocation.
  • Treasury management: DAOs and institutions can put idle treasury capital to work without manual management, routing streams of rewards automatically to designated addresses.

The Solomon infrastructure was created under the Solomon Labs banner—associated with the IP-holding entity SOLOMON DAO LLC—with its public website operated by Genesee Holdings Corporation. It was developed to eliminate the issue of idle capital across the decentralized finance landscape, where users, swap protocols, and perpetual platforms frequently hold billions in conventional stablecoins that generate zero yield.

Using the Solomon infrastructure is designed to be frictionless:

  1. Acquire USDv: Obtain USDv tokens through supported applications or ecosystem integrations.
  2. Enroll Once: Enroll an eligible USDv balance once to activate automated reward distributions.
  3. Transact or Deploy Freely: Hold the balance in a crypto wallet, spend it across integrated neobanks, or deploy it into DeFi protocols and liquidity positions.
  4. Receive Rewards: Earnings follow your balance automatically, routing rewards directly to your designated wallet or treasury without manual claim steps or lockup periods.

Solomon can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

Across the crypto ecosystem, billions of dollars sit in conventional stablecoins across wallets, swap exchanges, and perpetual trading platforms without paying any yield to their holders. Solomon solves this "idle capital" dilemma by turning the digital dollar itself into productive infrastructure that streams rewards directly to participants without sacrificing composability, spending power, or requiring lockups.

Intellectual property for Solomon is held by SOLOMON DAO LLC, a Marshall Islands DAO LLC, operating alongside community and ecosystem partners within the Solana and MetaDAO launchpad ecosystems.

According to the Solomon Labs project materials, Solomon's overarching vision is to become the fundamental dollar infrastructure layer for Solana and put an end to idle capital. It seeks to establish a highly composable, fully reserved digital dollar that stays productive everywhere—from institutional treasuries and neobanks to automated market makers—ensuring that the returns generated by reserve assets are delivered directly back to token holders.

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