Binance Alpha is launching Solstice ($SLX) trading today 🤑
My personal plan:
If the opening price is around $0.15, I’ll buy a small bag. If it breaks below $0.1, I’ll cut the loss immediately. No emotional trading in this market.
Some key info about Solstice:
> Over 37% allocated to the community, rewards, and airdrops
Solstice TVL has surpassed $400M, ranking among the top DeFi protocols on Solana
> More than 3 years of consistently positive monthly returns
> Backed and validated by major institutions including Bullish (a NYSE-listed company), Deus X Capital, and others with real capital investments
> A native DeFi protocol on Solana
> Main products: USX stablecoin + YieldVault
> Total supply: 1 billion tokens deployed on both SOL and BSC
A few important things to note:
1. The public sale price on Legion was $0.13
The ICO sentiment was pretty weak at the time. The FDV was around $130M, but the project only managed to raise a little over $300k.
2. Only around 17.16M tokens are currently on BSC
Initial circulating supply is about 234M tokens (~23.4%).
BSC liquidity/chips are relatively small, with only 1% allocated to Binance Alpha and 0.3% to OKBoost.
3. The community has been heavily debating the anti-farming system.
Rumors say the project handled it poorly, and the team has now locked their tweets.
DYOR — this market is not easy money 👀
