👋Introduction
Last updated
Last updated
Solbank reimagines the concept of a hedge fund protocol with the launch of its pioneering platform on the lightning-fast Solana blockchain. Not just another protocol, Solbank is a beacon of innovation, meticulously engineered to harness the specific benefits of Solana and meet the evolving needs of the crypto community.
As the first actively managed hedge fund protocol in the Solana ecosystem, Solbank introduces a unique investment strategy that promises not just growth, but strategic wealth accumulation and the compounding of riches over time.
With the $SB token at its core, Solbank stands as a testament to the power of strategic investments and active management. The intrinsic value of each $SB token is a reflection of a diversified treasury, dynamically evolving to secure long-term sustainability and prosperity. This approach sets Solbank apart, offering a new paradigm where wealth doesn't just grow—it compounds, propelling investors towards unprecedented financial horizons.
Diverging from the path of simple forks, Solbank is a crafted masterpiece, inspired yet distinct from predecessors like OlympusDAO. Our foundation is built on innovation, leveraging the core mechanics of stability and enriching them with Solana’s unique advantages. This includes harnessing the blockchain's speed for more frequent, individualized compounding opportunities, and introducing a frictionless rebase mechanism that democratizes wealth growth. It stands out in crucial ways:
Built from Scratch: Our team carefully analyzed the OlympusDAO model and meticulously crafted a new protocol specifically designed for the Solana ecosystem. We leverage the core mechanics for stability, but introduce key innovations for enhanced performance.
Solana Advantage: Harnessing the blazing speed and low fees of Solana, Solbank's treasury auto-compounds at higher frequencies for every participant separately allowing desynchronized rebasing.
Frictionless Rebasing: Gone are the days of rebase sniping! Solbank's innovative rebase mechanism distributes rewards asynchronously, ensuring a fair and equitable experience for all participants.
Optimized Fee Capture: Solbank employs a distinct fee recapture ratio compared to other protocols, fostering long-term token value appreciation.
Sustainable APY: Maintaining APY at safe levels in order to prevent collapse due to inflation.
Capped supply: $SB token supply is capped at 1,000,000 tokens. Rewards distribution will no longer be made in native tokens after reaching 1 million cap; instead, payouts will be entirely dependent on Treasury performance.
Industry-Leading Marketing: We understand the power of community engagement. Solbank dedicates 5% of its treasury to invoking Metcalfe's Law through a robust and strategic marketing budget, ensuring widespread adoption and a thriving community.
Solbank's vision extends beyond the conventional, aiming to empower WEB3 users with seamless access to an actively managed fund. Anticipating the dynamics of the market, Solbank emerges as a comprehensive solution for those seeking informed decision-making in their investment journeys. Our mission is to guide you through the ebbs and flows of the market, ensuring your portfolio is not just preserved but thrives, heralding a new era of crypto investment where your assets work harder, smarter, and more efficiently.
Solbank is not merely a solution; it's an evolving experiment driven by curiosity. As the fund proves successful, we are keen to observe how the market values the $SB token. Will it outperform BTC, ETH, other mid-cap tokens, and even top 100 market caps? This experiment seeks to unveil the dynamics of participant engagement, with the potential for top holders to play an active role in fund management and decision-making processes in the future.
Upon the establishment of the treasury, Solbank's paramount objective is to launch a profit-sharing program derived from treasury gains. Throughout Solbank's journey of growth and development, rewards will initially be dispensed in $SB tokens through a staking mechanism, fostering a sustainable and mutually rewarding future.
There are two main strategies for market participants: staking and bonding. Stakers stake their $SB tokens in return for more $SB tokens, while bonders provide LP tokens or SOL in exchange for discounted $SB tokens after a fixed vesting period.
The main benefit for stakers comes from supply growth. The protocol mints new $SB tokens from the treasury, the majority of which are distributed to the stakers. Thus, the gain for stakers will come from their auto-compounding balances, though price exposure remains an important consideration. That is, if the increase in token balance outpaces the potential drop in price (due to inflation), stakers would make a profit. The main benefit for bonders comes from price consistency. Bonders commit a capital upfront and are promised a fixed return at a set point in time; that return is given in $SB tokens and thus the minter's profit would depend on $SB price when the bonded $SB matures. Taking this into consideration, bonders benefit from a rising or static price for the $SB token!
Join us at Solbank, where the future of decentralized finance is not just about participating in the market—it's about leading it, crafting your path to elite crypto wealth with every strategic move. Explore the endless possibilities of wealth compounding and achieve prosperity with Solbank's innovative approach on the Solana blockchain.
