With Solidex, Solidly users can optimize yield, voting power, and liquidity provisioning. Token holders deposit their LP tokens into Solidex for the chance to earn SOLID rewards with boosted rewards without having to lock SOLID themselves. Lockers that support Solid receive a portion of the protocol revenue in exchange for boosting Solid's revenue.
Solidex Price Analysis
As of December 5 2024 Solidex has a marketcap of $16K.
This is {{percentagefromath}} from its all time high of $41.14.
In terms of its tokenomics, there's a total supply of 9.7M with 63% currently outstanding.
Keep in mind Solidex has a fully diluted value of $26K which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
