Solidly

DEXs

Copy link
Share on X

Claim company
Report company

Description

Solidly is a decentralized finance (DeFi) platform that offers an innovative approach to automated market making (AMM) on the blockchain. Based on the Ethereum network, Solidly focuses on providing efficient and low-slippage trading for stablecoins and other assets through its platform. One of the key features of Solidly is its unique fee structure, which is designed to optimize liquidity provision and trading costs, making it an attractive option for both traders and liquidity providers. The platform utilizes a dynamic fee system that adjusts based on the volatility of the traded pairs, which helps in stabilizing the price movements and providing better price efficiency for all parties involved. Additionally, Solidly introduces ve(3,3) tokenomics, a variant of the popular veToken model, encouraging long-term commitment from its users by offering enhanced governance rights and improved yield opportunities through staking. Solidly's emphasis is on decentralization and community governance, with the project aiming to hand over the control of the protocol to its users gradually. This governance model empowers token holders with the ability to propose and vote on changes to the pla...

Socials

Similar companies

Solidex

Solidex Finance, a DeFi protocol on Fantom, automates yield optimization via Vaults, focusing on maximizing returns from Solidly AMM with its SEX token for governance and incentives.

Solidly V3 (Arbitrum)

Solidly V3 on Arbitrum is a scalable DEX featuring an innovative AMM for low-slippage asset swaps, with staking and governance on the Arbitrum Layer 2 for low gas fees.

Solid Defi

Solid Defi is a DeFi platform enhancing blockchain financial transactions with smart contracts, offering yield farming, swaps, lending, borrowing, and optimizing returns with dynamic strategies and top-notch security.

Sturdy

Sturdy is a DeFi platform offering zero-interest loans and high-yield opportunities on stablecoins through a sustainable, over-collateralized lending model, leveraging blockchain for transparency and efficiency.

Solido Finance

Solido Finance offers a consolidated DeFi platform with Launchpad, IDOs, staking, and token swapping, facilitating seamless access to various financial opportunities within the web3 ecosystem.

moSOLID

moSOLID is a tokenized, liquid representation of veSOLID, providing staking rewards and enhanced liquidity within the Solidly ecosystem.

SolidLizard

SolidLizard is a DeFi platform providing token swapping, liquidity provision, and yield farming with advanced financial tools and decentralized governance for optimized user interaction and secure transactions.

FANTOM

Fantom is a scalable blockchain for DeFi and dApps, using Lachesis consensus for fast, cheap transactions. Supports smart contracts and staking with FTM token. Targets scalability, security, decentralization.

SoulSwap

SoulSwap: A DeFi AMM on Fantom Opera, offering trading, liquidity provision, and yield farming. Users earn via transaction fees and staking LP tokens for SOUL. Features asset bridge for interoperability.

ShadowSwap

ShadowSwap is a user-friendly DEX on the Fantom blockchain offering low fees, high-speed transactions, token swaps, and staking rewards through AMM to ensure liquidity.

ProtoFi

ProtoFi is a DeFi platform on the Fantom blockchain offering yield farming, staking, and liquidity provision. With unique tokenomics and governance features, it ensures low-cost, fast transactions and a user-friendly experience for all DeFi participan...

Smoothy

Smoothy is a DeFi protocol for low-cost, efficient stablecoin swaps on Ethereum, featuring the sCurve for minimal slippage and optimal gas fees, also offering LP yield earning.

FAQ

What is Solidly and how does it function in the DeFi space?

Solidly is a decentralized finance (DeFi) platform focused on automated market making (AMM) on the blockchain. Based on the Ethereum network, it offers efficient, low-slippage trading for stablecoins and other assets. Solidly implements a unique fee structure that optimizes liquidity and trading costs, making it attractive for traders and liquidity providers alike.

How does Solidly's dynamic fee system benefit users?

Solidly uses a dynamic fee system that adjusts based on the volatility of traded pairs. This approach stabilizes price movements and enhances price efficiency, benefiting both traders and liquidity providers. By linking fees to market conditions, Solidly ensures that trading costs are fair and reflective of the current volatility, making the platform cost-effective.

What are ve(3,3) tokenomics in Solidly and their purpose?

Solidly introduces ve(3,3) tokenomics, a variant of the veToken model, designed to encourage long-term user commitment. This model offers users enhanced governance rights and improved yield opportunities through staking. By fostering prolonged user engagement, Solidly strengthens decentralization and community governance, allowing token holders to propose and vote on platform changes.

Why is Solidly considered beneficial for DeFi trading and liquidity provision?

Solidly streamlines DeFi trading and liquidity provision through innovative fee mechanisms and economic models. By focusing on fee optimization rather than liquidity, it enables low-cost, near-zero slippage trades for correlated and uncorrelated assets. This approach empowers both traders and liquidity providers, making Solidly a significant player in decentralized finance.

How does Solidly compare to traditional AMM platforms?

Unlike traditional AMMs, Solidly emphasizes a dynamic fee structure over liquidity provision. Its method aligns fee incentives with market conditions, offering lower slippage and more efficient trading. Additionally, its governance model based on ve(3,3) tokenomics ensures users have a say in platform developments, distinguishing it from more centralized AMM counterparts.

What role does community governance play in Solidly's protocol?

Community governance is central to Solidly's protocol, with the platform designed to transition control to its users over time. Token holders are empowered to propose and vote on key decisions, such as fee structures and protocol upgrades. This decentralized approach ensures that platform evolution aligns with community interests, promoting a user-driven growth model.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags