SOLANIUM ON SOLANA BLOCKCHAIN
What Is Solanium (SLIM)?
Solanium is the go-to platform for the Solana blockchain, On this platform you can Participate in public raises of top tier projects, stake your tokens, trade on their DEX, participate in their governance and join their active and growing community.
Solanium is a decentralized platform for fundraising and trading on the Solana blockchain . You can stake your SLIM or SLIM-LP tokens to receive xSLIM. xSLIM qualifies you for fee distribution and airdrops, unique pool benefits (depending on your Tier), governance voting and much more. Through their staking mechanism that combines your amount of tokens staked together with your own specified lock time we aim to be the most fair launchpad in existence.
Users can stake SLIM tokens to receive xSLIM. xSLIM is the platform’s governance token that is used for:
· Early or exclusive pool access
· Launchpad fee distribution
· Better odds in the lottery to win allocation in projects
· Vote in governance proposals
The Solanium platform includes:
· A launchpad / accelerator for new projects launching in the crypto ecosystem.
· Integrated wallet management to let the users manage their wallets.
· A (Serum) DEX UI.
· Governance and proposals.
· Integrations with other ecosystem projects.
What is the Market Price for Solanium
The live Solanium price today is $3.11 USD with a 24-hour trading volume of $5,560,872 USD. We update our SLIM to USD price in real-time. Solanium is up 3.24% in the last 24 hours. The current CoinMarketCap ranking is #321, with a live market cap of $142,834,090 USD. It has a circulating supply of 46,000,000 SLIM coins and a max. supply of 100,000,000 SLIM coins.
If you would like to know where to buy Solanium, the top exchanges for trading in Solanium are currently ZT, Gate.io, MEXC, Raydium, and Serum DEX. You can find others listed on our crypto exchanges page
When did Solanium launch?
The SLIM token sale was held on May 22, 2021 with 5 million SLIM tokens being sold. At the same time an airdrop was distributed of 1 million SLIM tokens over 500,000+ participants.
Where is the Solanium team located?
The team is located in Amsterdam, The Netherlands.
Solanium’s mission is to make Solana accessible to anyone, with a strong focus on UI/UX and strong partnerships and integrations in the Solana ecosystem.
Services on Solanium Platform
The core function of the platform will be Solanium Pools. On Solanium Pools, anyone with a Solana wallet can create a pool to distribute a SPL token. We will provide an easy to use UI, where users can set-up their pool with just a few clicks. The UI will also have the option to create the SPL token for the user, if the user did not deploy a SPL token yet.
The team will still manage the front-end, and has the possibility to filter and feature certain pools, but anyone can create a pool on the Solana blockchain and create an own UI to interact with it.
Every pool has a fixed percentage of fees that go to the xSLIM token holders and to the Governance Treasury. Public pools will first be opened to xSLIM holders, who get an allocation based on their holding, before opening up to the general public. Pool creators will be incentived to prioritize xSLIM holders.
Example: Pool X raises 10000 USDC, selling 1000 DEMO tokens. 2% of 10000 USDC will be distributed to xSLIM holders and 2% of 1000 DEMO will be put in the Governance Treasury.
SLIM tokens are lockable for a selectable locktime, with a maximum locktime of 1 year. By locking SLIM tokens in the staking contract, the user will receive a xSLIM balance. xSLIM tokens are not transferrable.
The height of the xSLIM balance is based on the amount of SLIM tokens locked, and the time left before the tokens unlock. The xSLIM balance is linearly decreasing since the time of lock. The SLIM tokens locked can not be withdrawn before the timelock has expired. However, it is possible to extend the timelock or increase the amount of staked SLIM tokens.
xSLIM token qualifies the user for fee distribution, voting rights and exclusive or early pool access.
The first phase of the platform will be launching a custom GUI for the Serum DEX. Finalized pools can immediately create a Serum market and start trading on the permission-less DEX.
There are currently many hosted front-ends available to trade on Serum, but they are all based on, or forked from, the Serum repository. Solanium will provide a custom Serum GUI, built from scratch. Which will support several key features such as a custom grid, transaction manager, rich data display fetched from the Serum API and partners and will be fully responsive and dynamic.
For more information about Solanium, kindly follow the links below