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Solidly officially launched in January 2022 with a collective goal of fair and balanced access to DeFi. Solidly is a decentralized exchange that has launched on the Fantom network with low fees, near 0 slippage on correlated assets and a strong focus on secondary markets for tokenized locks as NFT’s (veToken = lpNFTs).
One segment of the cryptocurrency landscape that has shown incredible potential is the swapping of stablecoins and volatile assets. Solidly Swap offers users quick, seamless and cheap transactions while utilizing strategies to maximize their yield.
Solidly is an AMM based on Uniswap v2. It allows swapping between two tokens in a liquidity pool in a fully decentralized way. The first initial twist is that Solidly, unlike Uniswap v2, also supports low slippage trades between pegged assets like stablecoins.
Users who provide their liquidity in a whitelisted Solidly pool receive liquidity mining rewards in the form of SOLID, the governance and revenue token for the Solidly protocol.
