Solstice Finance is taking a thoughtful approach to risk management ahead of token generation. What's worth noting:
They're implementing third-party Proof of Solvency verification through Accountable, with custodian attestations backing the USX stablecoin's overcollateralization status. This adds a layer of transparency that goes beyond standard issuer claims.
On top of that, they're offering optional depeg protection via OpenCover—users can hedge against USX price volatility for approximately 0.35% monthly. It's a practical way to let participants choose their risk exposure while the protocol establishes market confidence.
This stack-before-launch approach suggests they're building trust through mechanisms rather than hype.
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BankruptWorker
· 01-10 16:52
Wow, this operation is impressive. Finally seeing the project team not just blowing smoke.
Really? Third-party verification plus insurance hedging? Now that's doing something practical.
Whether they can stay stable and not run away is the key; don't just talk about transparency and trust...
A 0.35% monthly fee is acceptable, at least giving me a sense of protection.
Could this be another sign of an upcoming collapse...
The mechanism looks good, but in the end, it still depends on how the community plays it...
This guy really made me hungry; genuinely practical stuff is indeed rare.
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MercilessHalal
· 01-10 16:51
Wow, finally a project that dares to be so transparent, not just blowing smoke
Third-party verification + over-collateralization, now that's being honest, a hundred times better than those air coins
Monthly fee of 0.35% for peace of mind, not bad, not bad
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NFTRegretDiary
· 01-10 16:48
Third-party verification combined with anchor protection—this combination is indeed more reliable than others. But that 0.35% monthly fee... over the long term, it’s still an expense.
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ser_ngmi
· 01-10 16:44
Nah, this is real risk management, unlike some projects that just boast.
But isn't a monthly fee of 0.35% a bit expensive...
Accountable verification is indeed solid; at least you don't have to just listen to the project blow its own horn.
Solstice Finance is taking a thoughtful approach to risk management ahead of token generation. What's worth noting:
They're implementing third-party Proof of Solvency verification through Accountable, with custodian attestations backing the USX stablecoin's overcollateralization status. This adds a layer of transparency that goes beyond standard issuer claims.
On top of that, they're offering optional depeg protection via OpenCover—users can hedge against USX price volatility for approximately 0.35% monthly. It's a practical way to let participants choose their risk exposure while the protocol establishes market confidence.
This stack-before-launch approach suggests they're building trust through mechanisms rather than hype.