Comparison with MicroStrategy

What are the big differences between MSTR and SSTR?

1. The issuance of convertible notes

Michael Saylor sells tranches of convertible notes to the public every so often. These are fixed intervals in time where you can buy.

In comparison, in SolStrategy, a smart contract with a corresponding bonding function prices the convertible notes. They can be bought at any time continuously.

2. The Fungibility of CNT

Unique to SolStrategy is the CNT token, a fungible debt token sliced off from the convertible note obligation. This can be used to create a secondary market for debt (ex. a CNT-SOL AMM), or sold to create looped strategies.

3. The "blackhole"

In MicroStrategy, accumulated BTC is effectively blackholed forever. This can be seen as a waste because accumulated capital is useful and can be used in productive ways.

In SolStrategy, accumulated SOL is used in two ways. One is in lending protocols to earn a steady lending rate. The second is in AMMs to increase the liquidity of SOL and the protocol's tokens CNT and SSTR. This generates revenue for the protocol and provides utility the Solana ecosystem.

Additionally, accumulated SOL is simultaneously earning LST yield, which is very high on the Solana Blockchain.