Utility

$SOLID is a versatile token, embedding value through its various functions: governance, cost-efficiency, staking rewards, and broader ecosystem benefits.

• Governance: $SOLID holders have voting power to guide the protocol's evolution. This includes approving new backing assets (like expanding beyond SOL, BTC, ETH) or adjusting hedging parameters. This keeps Solidus adaptable and community-driven in the fast-paced DeFi world.

• Fee Optimization: Paying minting or redemption fees for $SUSD with $SOLID unlocks discounts. This lowers transaction costs and encourages token holding. This benefit is further amplified by Solana's already minimal fees, ensuring a smooth user experience.

• Ecosystem Perks: $SOLID holders gain priority access to various benefits. These include partner incentives (like airdrops from integrated protocols), early access to new features (such as cross-chain bridge access), and bonus rewards. This significantly enhances token utility and promotes long-term engagement within the Solidus ecosystem.