Protocol-Owned Liquidity on Solana
Solana Grants Applicant

The Eternal
Liquidity Engine

Inspired by the ve(3,3) model. Soladrome fixes the liquidity problem on Solana through its unique Bonding Curve and Floor Price guarantee.

Enter Soladrome Join Telegram Read More

How it Works

Three pillars of a sustainable DeFi ecosystem.

Bonding Curve

Every $SOLA is minted via a bonding curve. This ensures that the protocol itself owns its liquidity, making it immune to mercenarity.

Floor Price

Hard-coded 1:1 USDC backing. The protocol reserves guarantee a permanent floor price, eliminating the risk of total loss.

No Liquidation Loans

Borrow USDC against your hiSOLA at the floor price. Since the price cannot drop below the floor, you are never liquidated. A one-time 2% origination fee is charged at borrow time and routed directly to the market vault — distributed to hiSOLA stakers as protocol revenue.

The Trifecta Model

01

$SOLA

Incentive Token

  • Emissions for Liquidity
  • Tradable on Open Markets
  • Used for Bonding
02

hiSOLA

Governance Token

  • Vote on Emissions
  • Earn Protocol Fees (AMM + Borrow)
  • Zero Liquidation Loans
  • 2% Origination Fee → Stakers
03

oSOLA

Yield Option

  • Perpetual Call Option
  • Strike @ Floor Price
  • Deepens POL Reserves
On-Chain · Verified · One-Time

Ecosystem Allocation

1,750,000 $SOLA are reserved on-chain — separate from the founder allocation — to grow the Soladrome community and reward early adopters.

🪂

Airdrop

Early Adopters

Every wallet that connects to Soladrome during the devnet phase is automatically registered. These early users will receive a proportional $SOLA airdrop at mainnet launch as a reward for their trust and participation.

Eligibility

Connect your wallet on devnet → you're registered

📣

Marketing

Community Growth

A dedicated allocation funds trading contests, content bounties, KOL partnerships, and community events. Every campaign is designed to deepen liquidity and grow the protocol's user base organically.

Upcoming

Trading contests · Content bounties · AMAs

Ecosystem Allocation Breakdown — 1,750,000 $SOLA

Airdrop 50%
Marketing 25%
Contests 12.5%
Reserve 12.5%
On-Chain · Fully Deferred · Unstake Lock Enforced

Founder Allocation & Vesting

12,000,000 SOLA (12% of reference supply) — split into two progressive tranches. Zero tokens enter circulation at launch. All minting is deferred to on-chain claim instructions, giving the protocol time to build its floor reserve from real user activity.

📈

7,000,000 hiSOLA

Progressive Governance Stake

Claimed progressively via claim_founder_hi_sola. Each claim mints SOLA to the protocol vault and hiSOLA to the founder simultaneously — floor vault has time to grow from user purchases before each tranche arrives.

Cliff6 months
Vesting24 months linear
Liquidity pathfounder_borrow_usdc
Borrow capMax 10% of claimed hiSOLA (~29k USDC/mo)
No-interest, no liquidationFloor-guaranteed
Unstake lockOn-chain · FounderVestingLocked

Programmatic Guarantee

Converting hiSOLA back to SOLA is blocked on-chain if it would exceed the vesting-unlocked amount. The program itself enforces this via FounderVestingLocked — not a social promise, not a multisig policy. The founder cannot exit the stake faster than the vesting schedule allows.

5,000,000 oSOLA

Progressive Option Vesting

Claimed progressively via claim_founder_vesting as oSOLA (call options). To convert: exercise_o_sola — pay 1 USDC per token → receive 1 SOLA, sell on AMM above floor. Each exercise adds USDC to the floor vault — net positive for the protocol. Inspired directly by Beradrome's OBERO model.

Cliff6 months
Vesting24 months linear
ExercisePay floor price → get SOLA
Floor impact+1 USDC per oSOLA exercised
On-Chain · Per-Wallet · Dual Tranche

Contributor Allocation & Vesting

Community managers, content creators, and service providers who contribute to Soladrome receive an on-chain vesting allocation — same dual-tranche structure as the founder. Full transparency: every allocation is verifiable on-chain.

🏛

hiSOLA Tranche

Governance + Borrow Power

hiSOLA gives contributors governance rights, a share of protocol fees, and USDC borrow power. Tokens vest linearly after a 1-month cliff over 12 months — each monthly installment becomes claimable on-chain via claim_contributor_hi_sola.

Cliff1 month
Vesting12 months linear
Monthly installmentTotal ÷ 12
Borrow cap10% of monthly installment
No-interest, no liquidationFloor-guaranteed

Example: 120 000 hiSOLA allocation → monthly = 10 000 hiSOLA → borrow cap = 1 000 USDC/month. The borrow cap is enforced on-chain by the contributor_borrow_usdc instruction and resets when debt is repaid.

oSOLA Tranche

Liquid Options

oSOLA is a perpetual call option exercisable at the floor price. Contributors claim it progressively via claim_contributor_vesting, then convert via exercise_o_sola — pay 1 USDC → receive 1 SOLA. Each exercise adds USDC to the floor vault, further strengthening protocol backing.

Cliff1 month
Vesting12 months linear
ExercisePay floor price → get SOLA
Floor impact+1 USDC per oSOLA exercised

How contributor vesting works

1

Registration

The protocol registers your wallet on-chain via register_contributor with exact hiSOLA & oSOLA amounts

2

Cliff (1 month)

Tokens are locked. No claims possible during the cliff. Countdown visible in 🤝 My Allocation tab

3

Monthly Claims

After cliff: claim hiSOLA + oSOLA progressively. Borrow USDC up to your monthly cap at any time

4

Full Vest (12 mo)

100% of both tranches available. hiSOLA keeps earning fees forever. oSOLA exercisable at any time

🔍 Fully verifiable on Solana. Every contributor allocation is stored in a public PDA ([b"contributor", wallet]) visible to anyone on the chain. Amounts, cliff, vesting progress, and borrow history are all readable on-chain — no trust required. Contributors can verify their allocation independently at any time.

🛡 Floor vault protected by design. The on-chain invariant tracks only floor-backed SOLA — tokens minted via the bonding curve or oSOLA exercise (which both contribute USDC to the floor). Founder and contributor progressive allocations are entirely excluded from this check, so early user sells are never blocked by unfinanced supply.

Prior Art · GitHub Timestamped · 2026-06-02

White Paper

Full technical specification of the Soladrome protocol — bonding curve mechanics, floor invariant, gauge system, tokenomics. Published on-chain via Git commit for prior art protection.

Read White Paper Tokenomics Detail Open Source
§3

Bonding Curve

Constant-product formula · Floor/market split · K fixed forever · Sell invariant · Virtual reserves

§4

Staking & Fees

hiSOLA 1:1 · Reward-per-token accumulator · PRECISION=1e12 · No retroactive claims

§5

Borrowing

1:1 collateral · 0% interest · No liquidation · 75% floor buffer · 2% origination fee

§7

Gauge / Bribes

7-day epochs · hiSOLA voting · Pro-rata bribe claims · 30% vote cap · Rollover permissionless

§8

AMM + Emissions

Permissionless xy=k · Lex-sorted PDAs · Masterchef continuous + epoch-based oSOLA rewards

§12

Security

Squads multisig · Emergency pause · Floor invariant on-chain · Trident fuzzing · Hardcoded addresses

Core Invariants — Enforced On-Chain

Bonding Curve

(Vusdc + usdc_in) × (Vsola − sola_out) = K

K fixed at initialize · never recomputed

Floor Invariant

floor_vault + borrowed ≥ total_purchased_sola

Checked after every sell_sola · reverts if violated

Prior art commit · b6c6756 · 2026-06-02T21:10:14Z · OxToF/soladrome

Roadmap

Building the eternal liquidity engine, step by step.

Phase 1 — Live

Core Protocol + Ecosystem Allocation

Solana Grants Applied

Bonding curve · Floor price · hiSOLA staking · Borrowing (2% fee → stakers) · ve(3,3) gauge/bribe system · AMM multi-pool (xy=k) · 2M $SOLA ecosystem allocation deployed on-chain · On-chain founder vesting (7M hiSOLA progressive + 5M oSOLA progressive · 6-month cliff · 24-month linear · PDA-enforced) · Founder borrow cap (10% of claimed hiSOLA/month · on-chain enforced · floor protection) · Founder unstake lock (FounderVestingLocked · programmatic · cannot unstake faster than vesting unlocks) · On-chain contributor vesting (dual hiSOLA + oSOLA tranche · per-wallet PDA · 1-month cliff · 12-month linear · 10% monthly borrow cap · on-chain enforced) · Wallet collection active (airdrop eligibility) · Solana Foundation Grants application submitted

Phase 2 — In Progress

Marketing Campaign + Community Launch

Trading contests on devnet · Content bounty program · KOL partnerships · Telegram community growth · Twitter/X campaign · AMA series · Airdrop snapshot announcement

Phase 3 — Coming

Protocol Buyback + Stable AMM

Protocol Buyback (inspired by HyperLiquid): 20% of all protocol fees (AMM + borrow) permanently diverted to buy back SOLA from the market and burn it — reducing circulating supply, improving floor per unit for all holders. Permissionless execute_buyback instruction · on-chain BuybackState transparency · split adjustable by DAO vote (capped at 50%) · lifetime stats on-chain (usdc_accumulated, sola_burned).
Also: Stable curves for correlated pairs · oSOLA LP rewards · Deeper POL integration · Airdrop distribution to eligible wallets

Phase 4 — Planned

Mainnet & Ecosystem

Mainnet launch · External protocol integrations · DAO governance · Cross-chain liquidity bridges · Full airdrop distribution

Get Your Airdrop

Connect your wallet on devnet to register your eligibility.
Join the Telegram to stay updated on the marketing campaign.

Early users → Airdrop priority