Solid is a financial platform created to simplify user interaction with cryptocurrencies. It offers a unique approach, blending technology and convenience.
What is Solid?
Solid is not just another DeFi app; it is a vertically integrated platform built on Fuse Network, intended for real users. It provides users with self-custody, high performance, and real-time yield through a mobile interface.
Key Features of Solid
The platform is based on several key components of the Fuse stack:
* **The Chain:** A fast, Ethereum-compatible L2 with instant finality. * **Smart Wallets:** Powered by SAFE, allowing users to operate gas-free and password-free. * **Middleware Infrastructure:** Including relayers, APIs, and subgraphs for seamless performance. * **Yield Engines & Trading Layers:** Featuring integrations with Algebra, Voltage, and Veda. * **Account Abstraction:** Leveraging ERC-4337 for intuitive self-custodial access.
Future Features and Possibilities
Solid plans to implement numerous new features, including:
* The ability to spend yield with the Solid Card * Earning on tokenized representations of real assets, such as Tesla stocks or gold * Access to lending and collateralization functionalities * Engaging in quests, earning points, and unlocking new applications.
CITE_W_A: ‘Fuse gives us the infrastructure to go beyond crypto natives,’ noted Mark Smargon.
Solid represents a new step in the evolution of DeFi, providing the simplicity and convenience that could attract a wider audience of users. The platform is expected to become accessible to many looking to efficiently manage their assets.
