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THE WHITE PAPER

Introduction

SOLDOLLAR($SOLD) was conceived to combat the exhaustion of rug pulls in the meme coin space and make trading meme coins fun again. Propelled ahead of its time with the help of a Pump.fun exploit (through the flash loan attack on pump.fun), $SOLD is the last remaining active project from the attack.

CONTRACT: DQ2qtAGNjJowNziVh2U49jECznJth18eZtWTRbVinp6t

Mission

$SOLD was launched with one goal: to create a fun project that could stand the test of time and where everyone could WIN! The project was initially deployed with 3 Solana giving the founder 100M of the 1B $SOLD. Post the flash loan and the Radium bonding curve, pump.fun burned 700M of $SOLD tokens and the founder burned an additional 40M leaving a total of 60M $SOLD tokens that have been locked for Staking.

SolDollar's primary goal is to provide a stable and rewarding digital asset that combines the fun and community-driven aspects of meme coins with the financial stability and interest-bearing benefits of traditional currencies. With 60,000,000 SolDollars locked for staking until the $1 target is hit, pools will offer 3, 6, 9, and 12-month staking options. The highest return of 10% compounding interest rate is reserved for staking durations longer than 12 months. By staggering pool timelines, we help manage cash flow, reduce risk exposure, and maintain the $1+ peg—which could be substantially higher based on the price of Solana.

The community currently has 66.7M $SOLD locked on Juptier with varying timelines, up to a year. With the incentive of 10% interest gained on locks for a year or longer before hitting our target of $1. The interest paid for the "pre-staking" token lock is supplied by the community wallet which only holds 193K $SOLD. We have 60M $SOLD locked on Jupiter for staking and will only be released upon hitting the target of $1.

Interest Rewards

  1. Staking Pool: A piece of collateralized SOL in the Solana network generates staking rewards.

  2. Distribution: Staking rewards are proportionally divided among SolDollar holders based on their holdings. Staking pools will offer 3, 6, 9, and 12-month staking options. The highest return of 10% will be for 12-month staking. By staggering pool timelines, we help manage cash flow, reduce risk exposure, and maintain the $1+ peg, providing consistent passive income.

Use Cases

  1. Daily Transactions: SolDollar serves as a stable alternative to fiat currencies, suitable for high-volume daily transactions.

  2. Savings: SolDollar can be saved to earn interest and protect against inflation, with potential value growth tied to Solana (SOL).

  3. Investment: Investors benefit from staking rewards, making SolDollar a valuable digital asset.

Roadmap

Phase 1: Development and Launch

  • Smart Contracts for staking provided by StreamFlow Finance, pending audit results.

  • Launch SolDollar on the Solana blockchain (expedited by the pump.fun hack).

Phase 2: Community Building

  • Engage with the community through social media and events.

  • Launch marketing campaigns to raise awareness.

Phase 3: Expansion

  • Partner with merchants and service providers to accept SolDollar.

  • Integrate directly with major wallets and exchanges.

Phase 4: Continuous Improvement

  • Airdrops for long-term holders who trade responsibly.

  • Expand staking options and reward mechanisms.

Contact

For more information, visit our website at SOLDOLLAR or join our community on Telegram.

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