Risks

Solidon runs on testnets. Read this before you trade, launch or redeem.

A NAV floor, not a price guarantee

Redemption and buyback defend NAV per token. If the stock falls, NAV falls with it, and redemptions are paid only from the cash buffer on NEAR.

Synthetic stocks on testnet

Every venue on Base Sepolia, Robinhood Chain testnet and Solana devnet is a Solidon synthetic token priced by a mock oracle. Nothing here has value.

Relayer-reported cash

The MPC proves cash arrivals on Base. On Robinhood Chain and Solana a relayer reports them; swaps are booked at their minimum output.

Oracle and pauses

Every mNAV action pauses while the oracle price is older than 15 minutes. Trading continues, so the pool price can move while the rules wait.

Not for US persons

Tokenized stocks (Stock Tokens) are not offered to US persons.

No admin key

Every parameter is locked at launch and readable with get_params. There is no owner who can change a rule, and no one who can reverse a mistake.

Trademarks

Company and network logos are trademarks of their owners, shown only to identify the assets. Solidon is not affiliated with them.