Protocol-Owned Liquidity on Solana
Solana Grants Applicant
Solana ID Ecosystem Quests · Live

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.

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Devnet beta traction · July 2026

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

A 1,750,000-token budget reserved on-chain — separate from the founder allocation — to grow the Soladrome community and reward early adopters. Issued exclusively as oSOLA, hard-capped by the program: every token that converts to $SOLA pays 1 USDC into the floor vault first, so this budget can never mint unbacked supply.

🪂

Airdrop

Early Adopters

Every wallet that connects to Soladrome during the devnet phase is automatically registered. These early users will receive a proportional oSOLA airdrop at mainnet launch — exercisable 1:1 into $SOLA at the floor price, with each exercise adding 1 USDC to the floor vault.

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 oSOLA

Genesis airdrop 200,000
Farm points, pre-TGE LP 750,000
Reserve 800,000

Updated 2026-08-27. The previous split (50 / 25 / 12.5 / 12.5) predated the move to oSOLA. All three envelopes are issued through the same capped instruction, so the 1,750,000 total is enforced by the program and not by this page.

On-Chain · Claimed at Launch · Locked for Life

Contributor Allocation

The people who worked unpaid until launch — dev, community managers, mods — are first-class members of the project. A handful of individuals, small amounts, claimed all at once at launch, in a 50/50 split capped on-chain at 100,000 of each across every contributor ever registered. Every allocation verifiable on-chain.

🏛

hiSOLA Bag

Permanent Voting Power

Claimed at launch via claim_contributor_hi_sola and minted straight into a lifetime ve-lock — the wallet never holds it. It votes (up to 4×), borrows up to 20%, and earns a real share of protocol fees for life — but can never be sold: same structure as the team tranche and the partner allocation.

DeliveryAll at launch, no cliff, no vesting
LockFor life — never liquid SOLA
VotingActive, up to 4×
Protocol feesYes — the bag is locked, so the yield is the pay
BorrowUp to 20% via borrow_against_locked
⚡

oSOLA Tranche

Upside, Self-Financing

Claimed at launch via claim_contributor_vesting to the wallet — a perpetual call option. Convert via exercise_o_sola — pay 1 USDC → receive 1 SOLA. Each exercise adds USDC to the floor vault, so contributor upside is financed, never unbacked.

DeliveryAll at launch
ExercisePay floor price → get SOLA
Floor impact+1 USDC per oSOLA exercised

🔍 Fully verifiable on Solana. Every contributor allocation is stored in a public PDA ([b"contributor", wallet]) and the hiSOLA bag sits in a ve-lock anyone can read on-chain — amounts, lock, and borrow history are public. No trust required.

On-Chain · Paid Per Epoch · Locked for Life

Protocol Partner Allocation

A partner brings liquidity to their pool and escrows a bribe schedule. In exchange they get a small signature bag of hiSOLA, delivered whole the moment the schedule is escrowed — and then a retainer: hiSOLA every epoch, for as long as the liquidity is still there. It is not a vesting. A vesting promises a total on day one and releases it in slices; a retainer has no total, only a rate. Each epoch is bought separately against something checked at that moment. So a partner who leaves has forfeited nothing — there was never a remainder — and one who stays is never capped: three years of liquidity is three years of retainer.

🤝

Liquidity → Retainer

Bought One Epoch At A Time

Each epoch, crank_partner_epoch — callable by anyone — releases one tranche of the escrowed bribes to that gauge's voters and credits one epoch of retainer, provided the partner still holds the LP their deal names. The protocol never takes custody of that LP. It reads the balance and stops paying if it drops; nothing is seized, and the retainer resumes the epoch it comes back.

RatehiSOLA per epoch, no cap
ConditionLP still held, checked each epoch
LockFor life — bag and retainer alike
ve-powerUp to 4× (maximum)
Borrow capUp to 20% of locked position
Protocol feesYes — a real share, for life
🎁

Signature Bag + Fees

Vote From Day One

The bag is the only unconditional part of the deal, which is why it is the smaller part. It arrives whole the moment the bribe schedule is escrowed — never before, because the schedule is what it is released against. Everything credited, bag and retainer alike, is permanent: it can never be unlocked, unstaked, or sold at a floor it never financed. What it can do is vote at up to 4×, earn a real share of protocol fees, and back working capital at 20%.

Liquidity Without Selling

Because the position is locked, the partner draws working capital via borrow_against_locked — up to 20% of the locked hiSOLA from the floor vault (2% fee, no interest, no liquidation, fully repayable). Governance stays committed; liquidity stays available.

Partner Tiers — 10 / 15 / 20% of the committed LP over a year of maintained liquidity

Tier 1

Anchor
LP committed$1M
Signature bag20,000 hiSOLA
Retainer3,450 hiSOLA / epoch
At 52 epochs199,400 · 19.9%
LockFor life
BorrowUp to 20%

Tier 2

Core
LP committed$500K
Signature bag7,500 hiSOLA
Retainer1,300 hiSOLA / epoch
At 52 epochs75,100 · 15.0%
LockFor life
BorrowUp to 20%

Tier 3

Ecosystem
LP committed$200K
Signature bag2,000 hiSOLA
Retainer350 hiSOLA / epoch
At 52 epochs20,200 · 10.1%
LockFor life
BorrowUp to 20%

The "at 52 epochs" column is an illustration at one year, not a promised total — the retainer has no total and no end date. The LP threshold is frozen on-chain as a token count when the deal is signed: the tier is negotiated in dollars, and there is no oracle, so it is exact on "did they withdraw" and approximate on value. Updated 2026-08-27, replacing the 1:1 bribe match — a conversion rate frozen for life with no oracle to correct it, and a cap the partnership died at.

On-Chain · Fully Deferred · Locked for Life

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 straight into a lifetime ve escrow — the founder's wallet never holds a single token. The escrow can never vote, never earns fees, and can never be unlocked.

Cliff6 months
Vesting24 months linear
ExitNone — locked for life, on-chain
Voting / Fee shareNone — dormant anti-capture reserve
Liquidity pathborrow_against_locked · max 20% of claimed
No-interest, no liquidationFloor-guaranteed · 75% buffer

Structural Guarantee

The 7M are minted directly into a ve escrow the founder's wallet never touches — so selling them is not forbidden, it is unreachable. unlock_hi_sola categorically rejects the founder, all three vote paths reject the founder, and the escrow is excluded from the fee pool. Not a social promise, not a multisig policy — the tokens live where no exit exists.

⚡

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
🤝

Team Allocation — 250,000 hiSOLA

Locked for Life · Delivered at Launch

Lock: for life — never liquid SOLA, minted straight into the ve-lock Voting: active (up to 4×) Fees: yes — a real share of the fee stream Borrow: up to 20% via borrow_against_locked

Compensates the contributors who worked unpaid until launch — dev, community managers, mods — and keep working after it. Separate wallet from the founder reserve: this tranche participates in governance as an ordinary user, but the program refuses to ever release it. Its only liquidity is the same 20% borrow valve as every other unfinanced allocation. Since 2026-08-27 it also earns protocol fees: locked for life meant a fee basis of zero that could never become anything else, so a tranche whose whole purpose is to pay people paid them nothing at all.

🛡 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 · Checkpoint-weighted LP share

§12

Security

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

LP

If you provide liquidity, read this

Your oSOLA emissions are not computed from your LP token balance. They are computed from time-weighted deposit, and that weight only accrues between your own checkpoint_lp calls. The pool's side of the division always covers the whole epoch, so any interval you leave un-checkpointed is simply not paid. It is not paid to anyone else either — it stays unminted.

1 · On entry

Checkpoint as soon as you enter a pool in a new epoch. Weight is never back-dated to the start of the epoch.

2 · Before the epoch ends

Checkpoint again shortly before the 7-day epoch closes. Stop early and your own idle time dilutes you.

3 · Before you resize

Checkpoint before adding or removing liquidity, never after. Resizing restarts the window and forfeits whatever was pending.

Follow the routine and you recover 99%+ of your pro-rata share. The rule exists so that a deposit made one second before settlement cannot bill a full epoch of weight — the same protection applies to everyone else's share of the pot.

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) · Ecosystem allocation enforced on-chain (250K team tranche minted straight into a lifetime ve-lock — voting active, protocol fees earned, 20% borrow, the team wallet never holds it · 1.75M issued exclusively as oSOLA, hard-capped on-chain, every exercise adds 1 USDC to the floor — zero unbacked $SOLA can ever be minted from it) · Founder reserve escrow (7M hiSOLA vesting 6-month cliff + 24-month linear, minted directly into a lifetime ve-lock — never reaches a wallet, no vote, no fee share, unlock permanently refused by the program · 5M oSOLA progressive vesting) · Unified 20% borrow cap (every unfinanced allocation — founder, team, contributor, partner — borrows only via borrow_against_locked at 20%; 75% floor buffer bounds the rest) · Contributor allocation (claimed at launch — hiSOLA into a lifetime ve-lock + oSOLA, 50/50, capped on-chain at 100K of each in total · per-wallet PDA · votes, earns fees, never sellable) · Wallet collection active (airdrop eligibility) · Solana Foundation Grants application submitted

Phase 2 — In Progress

Marketing Campaign + Community Launch

Solana ID ecosystem quests live (on-chain verified Genesis Missions) · #1 Trenches leaderboard on truemrr.fun · #2 trending projects · 1,500+ wallets connected · Trading contests on devnet · Content bounty program · KOL partnerships · Telegram community growth · Twitter/X campaign · AMA series · Airdrop snapshot announcement

Phase 3 — Coming

Stable AMM + Deeper POL

Stable curves for correlated pairs (LST/SOL, stable/stable) · oSOLA LP rewards · Deeper protocol-owned liquidity 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