ποΈ SOLID Protocol Architecture
SOLID is composed of:
SoUSD: gasless, yield-bearing stablecoin
BoringVaults: strategy vault engine powering yield
Yield Tokens: decouple principal/yield for flexibility
Abstraction Layer: enables gasless UX
All contracts are on-chain, immutable, and controlled by governance.
π§ Decentralized Strategy Execution
SOLID is designed to be fully decentralized and permissionless over time.
Strategy Operators: Any operator can apply to run strategies in BoringVaults, subject to community-approved inclusion criteria (e.g. security history, TVL).
Governance by LPs: Liquidity providers (those minting SoUSD) control governance.
They vote on:
Which operators and strategies are whitelisted
How incentives are distributed
Protocol upgrades and treasury usage
Transparent Performance Metrics: Operator performance is monitored in real time using on-chain analytics, enabling informed decisions and fair rewards.
This structure ensures the protocol remains open, community-governed, and resistant to central control, with all strategy logic and votes occurring on-chain.
Last updated