partnered with Avici Money to enable yield on USDv balances

Solomon Labs completed an $8M raise from 6,600 wallets.

Solomon operates within the metaDAO launchpad ecosystem alongside Loyal and Umbra projects, with Ranger Finance launching soon through the same platform.

Token trades at $15m market cap with $6.3m treasury and CEFFU security audits completed.

TVL increased 40% with 500 new users added to the platform, while token reached all-time high during Bitcoin market weakness.

Formal legal framework completed with Charter, Memorandum, and Operating Agreement defining DAO structure and treasury operations, with second round of program audits and full platform rebranding in progress.

Tweet accuses team of operating previous scam projects including ZKasino (which led to imprisonment in Netherlands), ZigZag, and Syncus; current TVL reported at $1M.

The sale received $102M in total pledges, 4x above the minimum target, and USDv currently offers up to 20% APY in beta.

6,604 accounts participated in the $8M raise.

Part of MetaDAO's treasury is being converted to USDv with liquidity deployment across DEXs. A new YAAS interface is in development with wallet connection, position detection, ownership proofs, and yield delegation features, alongside plans for custodian onboarding and CEX integrations.

TGE goes live on Solana on November 19th.

A liquidity provider publicly offers to help bootstrap stablecoin liquidity following the launch.

The team includes OpenAI's head of engineering (@sulmanrc) and ex-PayPal/Venmo employees who worked on PayPal's stablecoin product. Current operational metrics show $1.5M TVL and $30K in real yield, with conversations underway with companies holding $10-20M in stables.

The raise is capped at $8M (from $102.9M committed), establishing an initial price of $0.8 and FDV of $20.64M, with 92.2% of funds refunded to participants.

The ICO closes with $100-103M raised (50x above the $2M minimum), up from $36-45M in the final hours. Token goes live at 19:30 UTC with claiming available on MetaDAO's website.

The raise reaches 36-45M in commitments with approximately one hour remaining before close, significantly up from the $7.5M reported earlier in the day.

The raise reaches over 7x oversubscription after 3 days on the market.

The sale reached $7.5M in commitments (50% of $15M) with 10 hours remaining before close. A Polymarket prediction market exists tracking whether the sale exceeds $15M, currently pricing "Yes" at 94%.

The ICO closes in one day, providing a final opportunity to participate in the raise.

The project reached its $2M minimum funding target in under 24 hours on MetaDAO.

Token sale launches on MetaDAO from November 14-18, 2025 (18:00 UTC) targeting $2M with 10M tokens (out of 25.8M total supply) offered at 100% unlock and no minimum commitment, with 20% allocated to seed liquidity and 80% to treasury.

The ICO reaches its $2M minimum raise target with just over 3 days remaining to participate.

AMA scheduled for 21:00 UTC today to discuss the raise and project details.

The ICO goes live at 6:30pm UTC on November 14th on Solana.

ICO launches tomorrow targeting $2-8M raise at 20M FDV with 10M circulating supply, team's 12.9M token allocation vests only at 2x/4x/8x/16x/32x ICO price multiples, treasury buybacks activate if price drops below ICO, and project completed mainnet beta with 7-figure TVL plus DeFi integrations for USDv and sUSDv tokens ready at launch.

ICO launches this Friday for a Solana-native yield-bearing stablecoin with a mechanism similar to Ethena's USDE, founded by @oxranga.

MetaDAO actively promotes Solomon's upcoming ICO, and previous MetaDAO vetted launches that received strong promotion delivered 3x average returns with theoretical max of 5.8x returns across 6 ICOs. (IDs: 1988136256706851011, 1988136348436332609)

ICO details are now live for ownership coins. (ID: 1988037549148041338)

Solomon Labs, led by ex-PayPal team members, is conducting a raise through Meta's vetted launch program as the next upcoming launch.