Sol Invictus
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Navigating the Invictus Web App
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Integrations & Partnerships
Introduction
The beginning. (◎,◎)
What is Sol Invictus?
Sol Invictus is the decentralized reserve currency built on Solana. The Sol Invictus token is IN. Each IN token is backed by a basket of assets currently being USDC, USDT, mSOL & USDC LP tokens in the Invictus Treasury, giving the IN token an intrinsic value that it cannot fall below.
How do I participate in Sol Invictus?
There are two main ways of interacting with Sol Invictus: Staking and Bonding. Stakers stake their IN tokens in return for more IN tokens through Dynamic Rebasing, while bonders provide USDC, USDT, mSOL or LP tokens in exchange for discounted IN after a fixed vesting period of 5 days.
As Sol Invictus grows, we will begin to implement governance, where holders of IN can get involved in the future of Sol Invictus and vote on decisions regarding treasury assets and deploying DAO funds.
How can I benefit from Sol Invictus?
IN Stakers get the benefit of supply growth, which happens every block unlike other decentralized reserve currencies such as OlympusDAO. Sol Invictus mints new IN from the treasury, with the majority of it going to stakers. The gains for stakers will come from auto-compounded balances, with risk from underlying price exposure. With Dynamic Rebasing, stakers can see their balance of IN resolve in real time.
IN staked balance updating in real time.
The main benefit for bonders comes from the price consistency. Bonders commit USDC, USDT, mSOL or LP bonds upfront for a fixed return at a set point in time, paid in IN. Bonders benefit from a rising or static IN price.
Who created Sol Invictus?
Sol Invictus was created by a team of anonymous developers. They are pretty cool! You can find them around the discord under the title Sun Kings. Although not doxxed at the moment, the team is open to the idea in the future.
Who operates Sol Invictus?
Currently, decisions surrounding the operation of Sol Invictus are made solely by the core team, with the plan to turn into a DAO-governed protocol as soon as the time is right.
Last modified 5mo ago