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Solar priceSXP
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About Solar (SXP)
What Is Solar?
Solar was founded in December 2021 with the aim of delivering innovative and straightforward Defi offerings to prospective investors. The fundamental worth of Solar Labs is composed of two key components: the Solar Token and the Solar Sentry NFT Collection.
What Makes Solar Unique?
Solar offers various features, including Auto Liquidity Lock, which allows users to combine two tokens of equal value in a pool to form a market. In return for supplying their funds, liquidity providers receive trading fees equal to their percentage of overall liquidity from trades that take place in their pool. Users can also start trading on a pool using the SolarDex swap instruction, which transfers tokens from a user's source account to the swap's source token account and then to the user's destination token account. Additionally, yield farming is possible on SolarDex, but users must have a wallet to hold their money. SolarDex uses Solana, which offers a variety of non-custodial wallets for keeping cash, including the Project Serum team's Solardex wallet, which is highly compatible with most projects currently live on Solana.
The Use Cases of Solar Tokens
Solar Token is the official Solana SPL Token on Solar Dex exchange with a total supply of 100 million tokens, and it cannot be minted. Users can cover their exchange fees, participate in farming or staking, enter the lotto (similar to PancakeSwap's lotto function), participate in IDOs, and engage in governance by voting on proposed upgrades and listings.
Is Solar Token a safe investment option?
Solar Token is backed by Solar Dex, a completely decentralized exchange. The exchange's smart contracts and application undergo rigorous auditing from the world's top auditors before they are made public. Since there is no central entity controlling any part of the exchange, there is no risk involved. Additionally, the Automated Liquidity Lock feature provides users with more confidence to trade in a risk-free decentralized world.
What is the aim of Solar?
Solar aims to provide a decentralized platform, SolarDex, that functions like a top-tier centralized investment tool while adhering to the core principles of Defi by keeping fund management completely non-custodial. Solar’s goal is to give users the peace of mind that their funds are secure. With SolarDex, any third-party manager can create and offer actively managed funds or passive, automated investment pools, enabling users to participate in a diverse range of assets and protocols, both on and off-chain, through SolarDex.
What is the fully diluted valuation of Solar (SOLAR)?
The fully diluted valuation (FDV) of Solar (SOLAR) stands at $606,687, which is based on a hypothetical scenario where the maximum of 100 million SOLAR tokens are in circulation. The actual realization of FDV depends on the emission schedule of SOLAR tokens, and it may take several years to achieve.
SXP to local currency
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How to buy Solar(SXP)
Create Your Free Bitget Account
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Buy Solar (SXP)
Trade SXP perpetual futures
After having successfully signed up on Bitget and purchased USDT or SXP tokens, you can start trading derivatives, including SXP futures and margin trading to increase your income.
The current price of SXP is $0.3042, with a 24h price change of +0.72%. Traders can profit by either going long or short onSXP futures.
Join SXP copy trading by following elite traders.
Solar news
We’re pleased to announce that we have resumed SXP withdrawal services. We apologize for any inconvenience caused during the suspension of these services, and thank you for your patience and support! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow
In order to provide a better trading experience, Bitget will suspend withdrawal services for the SXP network starting from October 3, 2024 (UTC) until a later date. Please note that trading will not be affected during the downtime. Once withdrawal services for the SXP network can be resumed, we wil
Solar Social Data
In the last 24 hours, the social media sentiment score for Solar was 3.3, and the social media sentiment towards Solar price trend was Bullish. The overall Solar social media score was 14,637, which ranks 633 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Solar being mentioned with a frequency ratio of 0%, ranking 783 among all cryptocurrencies.
In the last 24 hours, there were a total of 90 unique users discussing Solar, with a total of Solar mentions of 12. However, compared to the previous 24-hour period, the number of unique users increase by 7%, and the total number of mentions has decrease by 25%.
On Twitter, there were a total of 3 tweets mentioning Solar in the last 24 hours. Among them, 33% are bullish on Solar, 0% are bearish on Solar, and 67% are neutral on Solar.
On Reddit, there were 0 posts mentioning Solar in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
All social overview
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