SolStrategy
  • What is SolStrategy?
  • Protocol Mechanics
    • Convertible Notes
    • Protocol Buybacks
    • Protocol Treasury
    • Comparison with MicroStrategy
  • Getting Started
    • Bonding
    • Swapping
    • Redeem SSTR
  • The Gamma Trade
  • As Leveraged SOL
  • $SSTR
  • $CNT
  • Contract Addresses
  • FAQ
  • Risks
  • Audit
  • Attribution
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Protocol Mechanics

PreviousWhat is SolStrategy?NextConvertible Notes

Last updated 2 months ago

SolStrategy operates through an on-chain treasury that expands through bond issuances. The protocol issues convertible notes according to a bond pricing curve, which results in the issuance of a fungible CNT and a non-fungible NFT. These convertible notes will convert to SSTR over time. Later the protocol may decide to buy back CNT if the price drops below a certain equilibrium, keeping its debt obligations low.

Read more below:

Convertible Notes
Protocol Buybacks
Protocol Treasury
Protocol Mechanics