Solomon is a synthetic dollar protocol built on Solana. It offers a globally accessible dollar-denominated instrument - USDv. Leveraging Solana's high throughput and low transaction costs, Solomon will create the first scalable, Solana-native, yield-bearing stablecoin used across DeFi and CeFi.
Stability for USDv is maintained through the use of delta-hedging derivatives positions against protocol-held collateral (e.g. long SOL, short SOL futures). This ensures stability for USDv holders, while generating a yield from the open delta neutral position.
Staking USDv (sUSDv) allows users to access the combined yield derived from staked Solana assets (e.g., staked SOL) and the funding & basis spread from perpetual and futures markets.
Company Details
- Employees
- 2
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Website
- http://solomonlabs.org
Solomon Labs Questions
Solomon Labs's website is http://solomonlabs.org
Solomon Labs's LinkedIn profile is https://www.linkedin.com/company/solomon-labs-org
Solomon Labs has
2 employees.
View email and phone details for 2
employees at Solomon Labs.
Solomon Labs's industry is
Financial Services
Solomon Labs's top competitors are
Solomon Labs,
The White Group & Company,
Pawket Health,
Kmac 한국능률협회컨설팅,
Slise,
Hyprnote (Yc S25),
Solomon,
Thingsbook,
Skystage,
Company K Partners.
Solomon Labs's categories are Financial Services
