SOLO thesis in motion - accelerating in a more captivating way than I had even expected.
YaaS is @solomon_labs 1000lb gorilla in the room of stablecoin issuers.
Historically, issuers have targeted retail users with their yield offerings. Providing yield integration for other protocols targets an even larger market & allows for countless permutations, as we see with their @AviciMoney and now @orogoldapp partnerships.
Everyone's talking about owning precious metals, why not get paid to own them? Powered by SOLO.
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🧵 (1/5) YaaS is live in production, powering @orogoldapp’s USDv × GOLD liquidity pool on @MeteoraAG.
This is our infrastructure thesis in action.
For the first time, the cash leg is earning (~10% APY) inside the pool. Here’s how 👇 https://t.co/nwQNQBaWha
Since I still get questions about this:
As with all recent MetaDao launches, Solo vesting is performance-based.
The team doesn’t receive anything until specific multiples are hit.
The first milestone is 2x from here.
$SOLO 👀
“So brutal. I’ll wait for SOLO at $25.6. 🔥 (~650mc)
At that time, TVL should exceed $1B and there should be more than 20 partners.” https://t.co/4G2y4Q7bU0
$solo probably easiest multiple onchain if we get a period of extended relief -
- $meta finally getting its rally, ppl will look for proxies
- good founder
- stablecoin/privacy narrative
- sol looks good https://t.co/EFGxUlEpsX
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