---
type: source
title: "Futardio: Solomon fundraise goes live"
author: "futard.io"
url: "https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE"
date: 2025-11-14
domain: internet-finance
format: data
status: entity-data
tags: [futardio, metadao, futarchy, solana]
event_type: launch
---

## Launch Details
- Project: Solomon
- Description: The composable dollar that always earns
- Funding target: $2,000,000.00
- Total committed: $102,932,673.08
- Status: Complete
- Launch date: 2025-11-14
- URL: https://www.futard.io/launch/634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE

## Team / Description

Solomon is building a more composable dollar: a dollar that stays at a dollar, doesn’t rebase, and earns. Across DeFi, from DEXs to perps to money markets, most balances sit in stablecoins that pay no yield. Over $150B of stable capital is idle across chains because today’s yield designs require staking into a separate, drifting or rebasing unit. That breaks dollar composability and makes integrations near-impossible.

Solomon changes this. 

USDv is the dollar you spend and integrate. Solana-native, composable, and kept at $1 via two-way market making. Anyone can stake USDv for sUSDv (permissionless). sUSDv accrues the yield we capture from our basis trade strategy (long spot, short perp) and T-bills (in the works), with distributions dripped to the staking contract multiple times a week to keep flows smooth and prevent front running. If you’re a treasury, LP, or protocol that can’t (or won’t) stake, our permissioned Yield-as-a-Service (YaaS) stream delivers the same yield directly to USDv while USDv remains par and composable as a dollar. It's one dollar, two paths, covering the whole market.

In the back end we've built a yield engine that runs the basis strategy end-to-end: automated trading infrastructure that reads the order books and places trades at the API level with safeguards and risk assessments. Custody is segregated with Ceffu, and assets held there carry insurance coverage. Our Solana programs are audited and restricted to custody transfers only, with all admin operations secured via Squads multisig.

For the past year, Solomon has run live in closed beta with real users and seven figures in TVL. We handled multiple market shocks, including the October 10th Binance price dislocation, with zero incidents.

Solomon is the first stablecoin system that can sit everywhere money sits. Wallets, LP inventories, collateral, treasuries, payments, all while earning.

**Raise plan:**

**Default Structure:** 20% of gross allocated by MetaDAO to seed Solomon token liquidity; 80% nets to Solomon DAO treasury

**Minimum close:** $2M, sufficient runway to bootstrap

**Ideal target:** ~$5M to $8M - This amount will only be taken if the sale is oversubscribed by orders of magnitude. We want real unmet demand after the raise closes.

**Use of target capital:** (1) put the treasury to work day one (generate ~16% APR) (2) fund liquidity-mining to accelerate TVL growth (3) seed deeper USDv/USDC liquidity and (4) reduce fees and improve terms with venues (custody providers and exchanges)

**ICO details:** [https://x.com/solomon_labs/status/1988037282025091290](https://x.com/solomon_labs/status/1988037282025091290)

- [Website](https://solomonlabs.org 'Solomon Website')
- [X](https://x.com/solomon_labs 'X')
- [Telegram](https://t.me/solomonlabs 'Telegram Community')
- [Discord](https://discord.gg/solomonlabs 'Discord Community')
- [Docs](https://docs.solomonlabs.org 'Solomon Docs')
- [Blog](https://blog.solomonlabs.org 'Solomon Blog')


**Token:** [`SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta`](https://jup.ag/tokens/SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta 'Solomon Token Address')

## Links

- Website: https://solomonlabs.org
- Twitter: https://solomonlabs.org/terms-of-service

## Raw Data

- Launch address: `634r63NH2qbTrSVyLieC3Ab3YKaEfoGnCLM8idZMEycE`
- Token: SOLO (SOLO)
- Token mint: `SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta`
- Version: v0.6
- Final raise: $8,000,000.00
- Closed: 2025-11-18
