Governance

SOLO is Solomon’s governance token and the protocol’s ownership primitive. SOLO holders participate in governance through MetaDAO futarchy decision markets: each proposal has PASS and FAIL conditional markets that price SOLO if the proposal passes vs fails, and a proposal is accepted when the PASS side’s TWAP clears the FAIL side by the required threshold.

SOLO is intentionally designed to avoid the “governance token” trap from prior cycles, where tokens had signaling power but little or no path for protocol value to accrue back to token holders. With Solomon, the same asset that governs the system can also authorize treasury and economic actions through proposals (for example distributions, buybacks, incentive programs, liquidity decisions, and issuance). The goal is simple: if Solomon builds real value, governance has a direct and explicit mechanism to route that value through the token, instead of leaving it stranded in offchain entities or opaque treasuries.

Governance Mechanics (MetaDAO Futarchy)

What proposals can do

Proposals can: spend USDC from the treasury, issue new tokens, update token metadata, and increase or decrease treasury-provided liquidity.

Lifecycle

  1. Create Anyone can create a proposal.

  2. Activate (anti-spam stake) A proposal goes live once enough SOLO is staked on it. By default this is 500,000 tokens. Staking is anti-spam only: no lockups and no slashing, and only one proposal can be live at a time.

  3. Trade (3-day decision window) Once live, the project moves half of its spot liquidity into the proposal’s conditional markets. Traders can then make conditional trades for 3 days. Conditional trades behave like normal trades, except they revert if the condition is not met.

  4. Finalize (lagging TWAP + threshold) Proposals are finalized using time-weighted average prices (TWAPs) rather than the last traded price. MetaDAO uses a lagging price TWAP (an “observation” that can only move a bounded amount per update) to damp short-lived manipulation.

To pass, the PASS TWAP must be at least a threshold percent above the FAIL side. By default, the threshold is 1.5%.

Worked example (treasury liquidity proposal)

  1. Proposal “Increase treasury-provided SOLO/USDC liquidity by $2,000,000.” (Treasury liquidity adjustments are a standard proposal action.)

  2. Activate The proposal becomes live after reaching the stake requirement (default 500,000 SOLO). No lockups, no slashing.

  3. Markets open When live, half of the project’s spot liquidity is moved into the proposal’s conditional PASS and FAIL markets, and trading runs for 3 days.

    • What the prices mean Assume SOLO spot is ~$1.00 at the time the proposal goes live.

      • If you believe adding liquidity improves market structure and should raise SOLO’s fair value to $1.06, you buy in the PASS market when it is priced below what you think SOLO will be worth if PASS happens.

      • If you believe the proposal is value destructive, you take the opposite positioning described in MetaDAO’s guidance: sell PASS and buy FAIL.

    • Concrete trade (good proposal belief): You place $1,000 to buy in the PASS market at $1.01, receiving ~990 PASS-SOLO.

      • If the proposal passes, you have effectively bought SOLO at $1.01.

      • If the proposal fails, the conditional trade reverts, meaning you do not end up holding SOLO from that trade.

  4. Finalization At the end of the window, MetaDAO computes lagging TWAPs for PASS and FAIL and applies the threshold rule.

Example outcomes:

  • PASS TWAP = $1.020, FAIL TWAP = $1.000 PASS is 2.0% above FAIL, so the proposal passes (clears the default 1.5% threshold).

  • PASS TWAP = $1.012, FAIL TWAP = $1.000 PASS is 1.2% above FAIL, so the proposal fails.

Token Generation Event (TGE)

SOLO TGE was via the Solomon ICO that ran on the MetaDAO platform from November 14th, 2025 @ 18:30 UTC until November 18th, 2025 @ 18:30 UTC. The minimum raise was set at $2,000,000.

Solomon received $102,932,673.078 in commits during their ICO with $8,000,000 taken.

Token Details

Tokenomics

  • ICO: 10,000,000 Tokens

  • SOLO Liquidity Pools: 2,900,000 Tokens

  • Performance Vehicle: 0 at launch -> 12,900,000 Tokens based on performance milestones

  • Circulating Supply at Launch: 12,900,000

  • Total Supply: 25,800,000 Tokens

Performance Vehicle Milestones:

Minimum 18-month cliff before any unlock

Milestone

Price*

Tokens

2x

$1.60

2,580,000

4x

$3.20

2,580,000

8x

$6.40

2,580,000

16x

$12.80

2,580,000

32x

$25.60

2,580,000

* Price determined by a 3-month TWAP.

Any future tokens minted would need to be passed via a DAO proposal.

Resources

Contract:

CoinGecko: https://www.coingecko.com/en/coins/solomon

Jupiter: https://jup.ag/tokens/SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta

Meteora DAMM v2: https://www.meteora.ag/dammv2/2zsbECzM7roqnDcuv2TNGpfv5PAnuqGmMo5YPtqmUz5p

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