Introducing SolStrategy: A reimagination of Microstrategy’s famous “MSTR trade” brought on the Solana blockchain. Here’s how it works:🧵

GM from @SolanaAccel

Introducing SolStrategy: A reimagination of Microstrategy’s famous “MSTR trade” brought on the Solana blockchain. Here’s how it works:🧵

GM from @SolanaAccel

Inspired by protocols like @megastrategyxyz @eth_strategy

4/ SolStrategy launches soon. Whether you're a SOL maxi, a trader seeking new opportunities, or just curious about innovative DeFi - we've built something we think you'll love. Stay tuned for more details! 🚀

3/ There is a lot more to dive into: Gamma farming, Convertible Note Tokens, Lending Protocols, Pricing Curves, etc. But the core of the protocol design is very simple, courtesy of $MSTR. Learn more at https://t.co/d9GxGM8Du5

2/ If the price of SSTR increases enough, then bonders can convert their notes directly into the SSTR token, realizing a huge upside. In the meantime, bonders are “comfy in spot”, waiting for the next bull market for SOL to rip.

1/ Michael Saylor @saylor, i.e. the SolStrategy protocol, starts by raising capital from the public. Users can bond their USDC or SOL for what we call “convertible notes”. The protocol uses the raised funds to buy and hold SOL, creating an evergrowing treasury that backs the SSTR