search

Rewards Engine

Solomon generates rewards from funding rates via a basis trade with t-bill yields in the works

hashtag
Basis Trade

Solomon utilizes CEXes (eg. Binance) to create its basis trades. It places a neutral spot-long / perp-short across major tokens (eg. BTC, SOL, ETH) to capture perp funding and futures/spot basis rates. The auto-compounding structure ensures rewards are efficiently reinvested.

This is then distributed to stakers (sUSDv) and permissioned USDv holders (YaaS).

hashtag
Rewards Flow

  1. Approved users mint USDv by sending equivalent assets in exchange for the minted USDv.

  2. These assets are then used to place positions via custody partners.

  3. The rewards are then distributed to the staking contract regularly.

PreviousYaaSNextReserve Fund

Last updated