Solanium

Solanium

SLIM
$0.142676525%-7.28

Key Metrics

Price$0.142676525
Real Volume (24H)$469,722.07
Marketcap$14,267,652.47
Fully Diluted ValuationN/A
ATH$5.5
ATH Date9/15/2021, 11:59:36 AM
ATL$0.02381764
ATL Date12/23/2022, 12:56:26 PM
Circulating Supply98M
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank1104
Chart
What is Solanium?

Solanium (SLIM) is a decentralized platform on the Solana blockchain that focuses on revolutionizing fundraising and trading. As a leading blockchain network renowned for its user-friendly applications, Solana provides the ideal foundation for Solanium to thrive. The platform offers users the opportunity to participate in public fundraising campaigns for top-tier projects, stake their tokens, trade on a decentralized exchange (DEX), engage in management activities, and become part of the active and vibrant community. By making the Solana blockchain accessible to all and prioritizing user interface (UI) and user experience (UX), Solanium aims to foster alliances and integrations within the Solana ecosystem.

The primary objective of the Solanium platform, as outlined in its whitepaper, is to address the challenges posed by centralized platforms and launchpads. By operating as an open network, Solanium allows anyone to create a fundraising pool and raise funds for their projects. Furthermore, the Solanium Pools platform has a multitude of other innovative products in the pipeline, promising exciting developments for the community.

At the core of the Solanium ecosystem is the SLIM token, which operates on the Solana blockchain as an SPL token. SPL tokens are a standardized interface designed specifically for creating fungible and non-fungible tokens within the Solana ecosystem. SLIM token holders have the opportunity to stake their tokens and receive xSLIM tokens in return. The possession of xSLIM tokens grants various advantages, including fee distribution and airdrops, along with unique pool privileges depending on the token holder's tier.

To enhance security and incentivize long-term commitment, SLIM tokens can be locked for a maximum period of one year. By locking their tokens in the staking contract, token holders earn an xSLIM balance, which cannot be transferred or traded. The possession of xSLIM tokens also confers voting rights and early access to pool opportunities. The voting power is determined by the number of xSLIM tokens held by the user at the time of casting their vote.

The staking mechanism employed by Solanium ensures a seamless connection between the number of tokens staked and their respective lock times. This approach promotes a fair and rewarding system that recognizes and appreciates the dedication of supportive participants.

In terms of its history, Solanium (SLIM) has a total token supply of 100,000,000.000000 SLIM tokens. This allocation provides the foundation for the platform's growth and serves as a valuable asset within the Solana ecosystem.

In summary, Solanium (SLIM) stands as a groundbreaking decentralized platform on the Solana blockchain, revolutionizing fundraising and trading. Through its open network, intuitive user experience, and strategic alliances, Solanium aims to unlock the full potential of the Solana ecosystem. The SLIM token, supported by the SPL standard, empowers users with opportunities for staking, fee distribution, airdrops, and governance participation. With a commitment to security, engagement, and long-term value creation, Solanium paves the way for a new era of decentralized fundraising and trading on the Solana blockchain.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets

AssetPrice24HMcap
Loading...

We use cookies for personalization, social media, and analytics, and share usage data with partners.