Hey! So here's the idea.

    Super simple: A way to hold onto your SOL and activate high-yield. I'm making a "liquid staked" SOL (Like JupSol, Jitosol, etc) that is backed by about 12 other liquid versions of Solana (only legit ones). It's called SOLID and is already real and trading.

    I want to partner on this, where you agree to buy an amount with your own wallet and I agree to split the profits with you.

    I haven't offered this deal to anyone else, but I am doing a similar deal for a gold backed token, I'll share you that doc also.

    Background: This isn't a theory, I've done it with stablecoins before. I started a token called EASY on a small blockchain that became the most-traded community token on the whole XPR chain. Over 1.2M USD volume in last 90 days.

    It's up about 50% in price, and also it has given 2-7% per month in rewards. The rewards aren't inflation, they come from a 2% transfer tax on the economy (closed system, real backing in USD(c))

    It works because

    – I kept 0% of the initial supply of tokens for me, put everything into AMMs (swap pools) to stay forever, making full backing in stablecoin

    – Arbitrage bots are willing to pay us a 2% fee to use our liquidity, which is what we split.

    SOLID is same idea but you and I keep all the rewards.

    The deal

    To make it worthwhile, you would buy 200+ SOL worth of SOLID minimum. I'm valuing my split at 500 SOL, so if you wanted 50% of the profits you would invest 500 SOL, for 200 SOL you would get that proportion (2/7 of the fees)

    You keep the SOLID and can sell anytime

    It will always be worth at least 10 SOL per SOLID, and will also go up in price against SOL.

    Let me know if this is interesting, and we can hop on a call on Monday or Tuesday next week to talk through any questions.

    I made a LST on solana that balances other Liquid Staked SOL tokens, looking for a partner who is a whale
    byu/Think-Application-14 inCryptoMoonShots



    Posted by Think-Application-14

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