Question 1

What is Solstice (SLX)?

Accepted Answer

Solstice (SLX) is the access, utility and governance token of the Solstice Finance ecosystem, a DeFi protocol built on Solana. SLX gates protocol privileges, coordinates economic resources as the protocol grows and carries governance weight when staked.

Solstice Finance is centred on dollar-based yield products on Solana. Its ecosystem includes USX, an overcollateralised settlement asset, eUSX, a yield-bearing product linked to Solstice’s yield strategies and SLX, the token used to coordinate access, staking and governance. USX is the foundation asset used across Solstice’s yield strategies, integrations and transactions.

SLX has a fixed total supply of 1 billion tokens. Solstice is incubated by Deus X Capital and has no early venture capital token allocations.

Question 2

What is Solstice (SLX) used for?

Accepted Answer

SLX is used for access, staking and governance within the Solstice ecosystem. Access is its main function, with governance forming one part of a wider utility model.

Staked SLX carries governance weight, meaning users who stake SLX can take part in protocol decision-making. Solstice also has stSLX, a staking receipt token. SLX rewards are streamed into the stSLX vault, increasing the stSLX-to-SLX exchange rate over time. Users who unstake enter a seven-day cooldown before withdrawing SLX.

SLX is also linked to Solstice’s user reward system, called Flares. Flares are non-transferable points that track user contribution to the protocol and convert proportionally into SLX allocations at token generation. The Flares programme allocates part of SLX supply to participants, with distribution linked to protocol activity and TVL growth.

At token generation, SLX became live on Solana, Flares converted into claimable SLX, exchange trading opened and staking became active.

Question 3

Who created Solstice (SLX)?

Accepted Answer

Solstice was created by Ben Nadareski, CEO and Founder of Solstice, and Tim Grant, Chairman and Co-Founder of Solstice Labs. Solstice Labs operates as part of the Deus X Enterprise group.

Ben Nadareski has experience across crypto trading, digital asset investment and traditional finance, including previous roles at Galaxy Digital, SIX Digital Exchange, R3, DrumG and Société Générale. Tim Grant is the CEO of Deus X Capital and has held senior roles across digital assets and financial markets, including at Galaxy Digital.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	SLX-USDT SLX-USDT	okex	A	0.05126USDT	1.26%	10,456,691.08SLX	4,400	0.05062USDT	0.05256USDT
2	SLX-USDT SLXUSDT	bybit	A	0.05123USDT	1.05%	9,280,264.60SLX	6,107	0.05070USDT	0.05280USDT
3	SLX-USDC SLXUSDC	bullish	AA	0.05110USDC	0.79%	4,875,323.31SLX	6,985	0.05070USDC	0.05240USDC
4	SLX-USDT SLXUSDT	bullish	AA	0.05118USDT	0.82%	4,091,688.96SLX	6,340	0.05076USDT	0.05249USDT
5	SLX-USDT SLXUSDT_SPBL	bitget	BB	0.05122USDT	0.87%	3,709,857.42SLX	5,289	0.05078USDT	0.05256USDT
6	SLX-USDT SLX_USDT	gateio	A	0.05125USDT	1.10%	1,828,991.00SLX	1,966	0.05069USDT	0.05246USDT
7	SLX-USD SLXUSD	kraken	AA	0.05114USD	1.01%	378,966.26SLX	649	0.05063USD	0.05191USD
8	SLX-USDC SLX-USDC	okex	A	0.05116USDC	0.93%	82,795.40SLX	105	0.05069USDC	0.05209USDC
9	SLX-EUR SLXEUR	kraken	AA	0.04704EUR	4.19%	50,745.48SLX	11	0.04515EUR	0.04704EUR
10	SLX-EUR SLX-EUR	okex	A	0.04564EUR	0.40%	32,149.62SLX	34	0.04546EUR	0.04590EUR
11	SLX-TRY SLX-TRY	okex	A	2.52TRY	0.00%	0SLX	0	2.52TRY	2.52TRY
12	SLX-KRW KRW-SLX	upbit	B	68.60KRW	0.73%	71,464,900.37SLX	7,790	68.10KRW	70.70KRW
13	SLX-KRW SLX_KRW	bithumbkorea	-	67.94KRW	0.56%	11,490,467.92SLX	2,250	67.56KRW	69.63KRW
14	SLX-USDT slx_usdt	lbank	C	0.05122USDT	0.95%	7,078,668.13SLX	82,897	0.05074USDT	0.05248USDT
15	SLX-USDT slx_usdt	xtpub	-	0.05121USDT	1.17%	2,090,374.00SLX	1,233	0.05062USDT	0.05254USDT
16	SLX-USDT SOLSTICEUSDT	toobit	C	0.05120USDT	1.07%	1,809,825.00SLX	7,151	0.05066USDT	0.05248USDT
17	SLX-USDT SLX_USDT	bitunix	C	0.05118USDT	0.83%	1,416,088.04SLX	6,697	0.05076USDT	0.05252USDT
18	SLX-USDT SLXUSDT	bitrue	D	0.05120USDT	0.59%	1,379,707.30SLX	4,825	0.05090USDT	0.05250USDT
19	SLX-USDT SLX-USDT	bingx	D	0.05126USDT	1.02%	1,138,447.29SLX	7,478	0.05074USDT	0.05259USDT
20	SLX-USDT slx_usdt	digifinex	D	0.05119USDT	0.95%	911,502.72SLX	1,251	0.05071USDT	0.05246USDT
21	SLX-EUR SLX-EUR	bitvavo	B	0.04545EUR	0.71%	536,966.34SLX	258	0.04513EUR	0.04673EUR
22	SLX-USDT SLX-USDT	bigone	-	0.05106USDT	0.49%	193,630.00SLX	4,739	0.05081USDT	0.05249USDT
23	SLX-USDT USDT-SLX	upbit	B	0.05066USDT	0.00%	0SLX	0	0.05066USDT	0.05066USDT
24	SLX-BTC BTC-SLX	upbit	B	0.0₆6300BTC	0.00%	0SLX	0	0.0₆6300BTC	0.0₆6300BTC