SolidViolet Announcing Forthcoming Exchange to Address Compliance and Liquidity Issues in DeFi and RWAs
[Palo Alto, CA – May 16, 2024] – Dinari today announced the upcoming release of a new compliant exchange, SolidViolet. Teased on stage last week at TokenizeThis, Dinari is setting up a separate entity to launch the new protocol. The underlying compliant trading solution that SolidViolet offers will be coupled with features to aggregate and fund Real World Asset (RWA) liquidity on chain for a variety of issuer partners.
In addition to the announcement of the new protocol, SolidViolet announced the release of a staking contract for early investors to deposit Lido Staked Ethereum (stETH) and mainnet to receive SolidViolet’s native token upon token launch in Fall 2024. Investors who participate in the first week of staking will receive a 2x boosted rate for their deposits. The staking pool ...