A Revolutionary DeFi Lending Protocol Built On SOLANA Chain

Looking for an innovative and effective crypto lending platform with very low transaction costs? 

 

We have the right platform for you. Try SOLACIT today.

Your fastest path to a Great Crypto Lending Solution

The SOLACIT model is futuristic, revolutionizing the concept of a traditional cryptocurrency loan. Unlike traditional cryptocurrency loans, which are 100% dependent on lenders, SOLACIT is independent and reliable.

SOLACIT is built on Solana, the world’s fastest blockchain and cryptocurrency ecosystem, with over 400 projects spanning DeFi, NFTs, Web3, and more. Solana maintains a single global state as the network scales, ensuring composability between ecosystem projects.

SOLACIT is devoted to bringing a technologically driven solution to a market that is ripe for it. These solutions include an advanced and highly secure, reliable platform, a highly scalable and fast platform with high throughput.

Evolving the concept of a traditional cryptocurrency Lending Platform, SOLACIT model is ahead of time. While the conventional cryptocurrency Lending platform offer limited functionalities, SOLACIT offers much more than the mere facilitation of basic trading and exchange.

How SOLACIT Works

While other DeFi Loan Protocols rely on lenders to fund the lending pool, SOLACIT does not. SOLACIT funds its lending pool with proceeds made from token sales. Thus, the SOLACIT ecosystem consists of the investors, the borrowers, and the platform. Both the investor and the borrower have a crucial part in the SOLACIT ecosystem.

The $SC token is the official token for the SOLACIT platform. Investors who have purchased the token and hold it will earn daily calculated interests. Proceeds from the token sale will be added to the lending pool. Borrowers with NFTs and other stable coins can collateralize their assets and submit a loan request. The request will include the value of assets to be borrowed, interest rate, loan period, and repayment interval. Once the request is approved, the borrower gets either another crypto asset or fiat currency loan. SOLACIT is the intermediary between the investors and the borrowers.

Public Token Sales

SOLACIT makes public sales of the $SC token and generates revenue for the SOLACIT lending pool. Investors get a daily interest for purchasing and HODLing the $SC token

Independent Lending Pool

Proceeds of the $SC token sales are used to fund the lending pool, which is instantly available to borrowers. No need to wait for lenders to fund the pool.

Crypto Asset Collateralization

Borrowers collateralize their cryptocurrency assets and get another asset to expend while their asset is kept safe till, they repay the loan.

COLLATERLIZING NFT BESIDE MAJOR COINS, THE GAME-CHANGING UNIQUENESS OF SOLACIT

NFTs (Non-Fungible Tokens) are digital assets that represent art, collectibles, and in-game items. They are typically encoded within smart contracts on a blockchain and traded online.

The NFT market remained relatively constant until mid-2020; then, beginning in July 2020, it saw substantial growth, exceeding ten times its original value. NFTs are ideal assets to keep for the future; NFTs have don’t lose value like other cryptocurrency assets such as coins and tokens.

Collateralizing your NFT assets for other cryptocurrency loans is the right decision as you get to use other assets while keeping your precious NFT assets.

SOLACIT'S STRENGTH

SOLACIT is not the first and only existing crypto lending platform, but SOLACIT has strived and will continue to be the best crypto lending platform. Below are what we find lacking in other platforms and built our platform on:

Efficiency

Built on the SOLANA blockchain, SOLICIT inherits the blockchain's scalability, quality, speed, and efficiency. Zero failed transactions, less recurring transaction fees, and auditable transaction history

Volatility Management

SOLACIT implements a workable loan-to-collateral ratio. The 1:2 ratio allows a wide margin of volatility. Additionally, SOLACIT accepts NFTs (stable in value) and other stable coins as collateral.

Autonomous

From a few dollars to billions worth of transactions, SOLACIT does not require your details to transact. The SOLACIT platform has measures in place to ensure secure and transparent transactions

Permissionless

The SOLACIT protocol is for anyone and everyone. As long as the local laws do not restrict, anyone can use the SOLACIT platform to invest, transact and obtain cryptocurrency loans from anywhere in the world.

Real-Time Notification

SOLACIT has dedicated a team to providing real-time insight, tips, and relevant information for its users. Users can receive real-time notifications via email or dashboard.

Low transaction fees

Solana's basic transaction fee is $0.0002, and the SOLACIT transaction fee won't be far from this. SOLACIT transaction fee will be as low as 0.02% of the transaction value

Distribution

Token Allocation

SOLACIT’s native token is the utility token forming the backbone of the SOLACIT ecosystem.
SOLACIT token is an SOLANA token. We will have an Initial DEX Offering with the price for our token at $0.00085 to keep the initial market cap at $950k. There will be a total supply of 1,000,000,000 tokens. The token holders will be rewarded with Several features on the platform as well as in our future projects.

The team’s allocation will be locked for the first six or three months, then released at a rate of 5% per month for the next 20 months during the vesting period. In addition, 25% of marketing will be distributed each month for the next ten months. Any extra funds will be kept aside if the team needs additional funding for unexpected expenses.

01 Team

02 Operations

03 Marketing

04 Company Reserves

05 Public Round

06 Strategic Partner

07 Liquidity pool

08 Exchanging List

09 Angle Round

SOLACIT Roadmap

Our Roadmap includes a high-level, visual summary of the project, as well as a timeline

TOKEN SALE ENDS IN

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Data Falsification

SOLANA Gas Fee Advantage

Solana’s transaction fees are $0.00025. However, they change over time. The costs are determined by the competition for block-space, which increases as the blockchain’s traffic grows. Solana offers 60 thousand times lower fees than Ethereum. This is due to Solana’s superior scalability as compared to Ethereum. Fees will continue to reduce in the future as Solana improves its scale. Emulating the Solana blockchain with less than a 1% fee on all transactions, the SOLACIT transaction fee will be one of the cheapest in the industry.

Token FAQ

Frequently Questions

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ICO Distribution

Our ICO Distribution

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JOMAN HELAL

EXECUTIVE OFFICER

SLANS ALONS

EXECUTIVE OFFICER

JOSHA MICHAL

EXECUTIVE OFFICER

JOHAN WRIGHT

EXECUTIVE OFFICER

Latest News

The latest breaking news, information, and features from the SOLACIT platform

Contact With Us

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