SOLDOLLAR ($SOLD) is proud to announce the successful completion of a full audit and KYC verification. This marks an important milestone in its commitment to transparency, security and long-term growth.
The project’s smart contract was built with integrity in mind. Successful auditing is an essential step for any Web3 project looking to launch a native token.
Additionally, the SOLDOLLAR team has passed full KYC verification through SolidProof. This approach proves that the founders are responsible and that the project is viable. SOLDOLLAR presents the peculiarities of a meme coin and the characteristics of traditional currency in a pioneering way.
Change Coins Meme with Stability and Rewards
SOLDOLLAR brings together a rewarding experience, rewards and a community-run coin. Having started the journey with just 3 SOLs, this project is truly capable of weathering any storm. In fact, the team survived the infamous Pump.fun exploit and performed a full audit and KYC verification to ensure more security.
One of the key features of SOLDOLLAR is its commitment to value and scarcity. To date, over 740 million tokens have been burned, significantly reducing the supply and increasing the theoretical value of the token.
Additionally, there is a hold of 60 million $SOLD tokens for staking until the $1 milestone is reached. This is a move by the founders to ensure long-term sustainable growth.
Another thing that makes SOLDOLLAR unique is the staking mechanism. From the crypto enthusiast to the pragmatic investor, these pools range from 3 to 12 months with up to 10% compound interest. Interest rewards from pre-staking are covered by the community wallet, creating a mutually beneficial ecosystem.
Last but not least, the project locked 45.97% of tokens for a year using Jupiter’s lock. This is another move that shows the team’s strong commitment to stability and trust.
Looking Ahead: Tokenomics and Future Plans
SOLDOLLAR tokenomics were designed to be more understandable, transparent and innovative. The token supply is capped at 278,950,808 coins with a distribution policy that will benefit all its stakeholders.
The majority of tokens are locked on Jupiter, with 60M for staking and 66.7M for the community. This is a very good option to ensure the stability and security of community stakeholders and contributors. An additional 12 million tokens are reserved for liquidity purposes, ensuring smooth trading and market stability.
As for the remaining tokens in circulation, they will serve as a means of exchange on the SOLDOLLAR platform.
Subsequently, the SOLDOLLAR roadmap is structured around four important stages:
- Phase 1 (“Development and launch”): This phase includes the development of smart contracts for staking provided by StreamFlow Finance. It also features the launch of SOLDOLLAR on the Solana blockchain.
- Phase 2 (“Community Building”): Here, SOLDOLLAR will communicate its ideas in front of its community on social networks and through events. In addition, marketing activities would be carried out to widely promote the project.
- Phase 3 (“Expansion”): SOLDOLLAR will partner with various services and merchants to accept $SOLD as payment. The token will also integrate with major wallets and exchanges.
- Phase 4 (“Continuous Improvement”): Long-term holders using responsible trading will be eligible for airdrops. Additionally, the staking options and reward mechanics will be further expanded.
About SOLDOLLAR
SOLDOLLAR is a project created to bring back the fun and excitement of meme coin trading. For Web3 fans tired of rug draws, SOLDOLLAR promises a stable and fun digital environment.
The team chose to lock up 60 million tokens for staking until the $1 target is reached. Staking options range from 3 months and above, beyond 12 months, giving interest in return. This will make cash flow easier to manage, minimize risk exposure, and ultimately maintain the peg to or above the US dollar.
SOLDOLLAR was created to make a fun, sustainable and beneficial project for all holders.
For anyone interested in SOLDOLLAR, its origin, its mission and its tokenomics, the project official website is a great place to start. Find all the latest news and updates regarding SOLDOLLAR from the social links listed below.
X (Twitter) | Telegram | Portal
Disclaimer: The information provided in this press release does not constitute an investment solicitation nor is it intended to constitute investment advice, financial advice or trading advice. It is strongly recommended that you perform due diligence, including consulting a professional financial advisor, before investing in or trading cryptocurrencies and securities.
