$SLX Today marks the official TGE.
I've been digging through @solsticefi's info again these past couple of days, and suddenly I feel like:
This project seems like it’s been around, but it’s only recently come into everyone’s view.
Right now, a lot of projects are basically on this rhythm:
First marketing, then creating hype, then speculating.
But Solstice gives me a different vibe.
It feels more like they’ve already got the product up and running, and the market is just starting to catch on:
Oh, so Solana has already started seeing some 'yield layers' being developed.
I used to think that...
The biggest advantage of Solana is its trading.
Fast speed, strong liquidity, active users.
But I later found out that a mature ecosystem isn't enough if it only has trading.
Because funds always need a place to chill.
And recently more and more people are starting to discuss:
On-chain dollars,
stable yields,
Yield-bearing assets,
Essentially, they are all solving the same problem:
how to keep the cash on-chain.
That's also why I started keeping an eye on @solsticefi.
What interests me most isn’t just the yield rate.
But rather:
Users who deposit USX can earn eUSX and still participate in other DeFi scenarios.
To put it simply,
Assets shouldn’t be 'locked up',
But rather, keeping it liquid.
This is quite different from the logic of many traditional yield protocols back in the day.
Another point that really stuck with me is,
Solstice's strategy has actually been running since 2023.
In the current market,
Protocols that can continuously run across cycles are actually quite rare.
So today seeing $SLX officially TGE,
I'm actually more concerned about the long-term flow rather than short-term hype.
That is:
Solana's Yield Layer might really be entering the next phase now. $SLX
