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Introducing: Solflare Stocks 📈 xStocks, tokenized U.S. equities, available globally*, are coming to Solflare! 🟨 Real Stocks, Onchain 🟨 Accessible 24/7 🟨 Dividend-Yielding Tokens 🟨 1:1 Backed 🟨 Built for DeFi Let’s break it down 🧵👇

398,935 次观看 • 1 年前 •via X (Twitter)

11 条评论

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

Traditional equities are outdated: ❌ Trading hours only ❌ Region-locked access ❌ Complex processes and delays ❌ Not usable in DeFi Solflare Stocks changes that by making xStocks accessible in your wallet, 24/7. Here’s how 👇

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

What are xStocks? They’re tokenized versions of real U.S. stocks and ETFs - like $AAPLx, $METAx, $NFLXx, backed 1:1, highly regulated,and issued by @BackedFi. Hold, send, or track them like any other token in your Solflare wallet.

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

What can you do with them? ✅ Access a dozen tokenized U.S. stocks & ETFs, with more to come ✅ Buy fractional amounts ✅ Earn dividends via rebasing ✅ Stay non-custodial: your keys, your assets ✅ Use them in DeFi (lending, trading, etc.) ✅ Available on Solflare Mobile, Web, and Extension Diversify your portfolio like never before.

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

Let’s say $Meta stock dips. You want in. In TradFi, purchasing stocks often involves: ➡️ Lengthy registration ➡️ Trading hours ➡️ Regional restrictions With Solflare Stocks: Open wallet → Swap USDC for $METAx → You're in 🙌

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

Dividends work on-chain! When a supported stock pays a dividend, your token balance increases automatically. Example: You hold 1 $NFLXx → 10% dividend → You now have 1.10 $NFLXx in your wallet. No complicated processes. No waiting. Just more stock! 🤝

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

Where to find Solflare Stocks: → Open your Solflare Wallet → Explore and buy/trade xStocks via Market Stocks tab (mobile) or Stocks page (web)

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

You already hold Solana tokens! Now hold $SPYx, $APPLx, $NVDAx, $TSLAx, $METAx, $GOOGLx, $COINx, $QQQx, $CRCLx and $MSTRx. All your assets. One wallet. Fully on-chain. Rolling out this week, get ready to update your Solflare and explore your favorite stocks! *Disclaimer: Solflare provides a wallet interface only and does not custody assets or securities. Tokenized equities ($AAPLx, etc.) are issued by @BackedFi, a regulated entity operating from Switzerland, and issued by Backed Assets (JE) the Jersey Channel Islands. Availability varies by jurisdiction and is subject to local regulations. Investments involve significant risks, including market volatility, liquidity, regulatory uncertainty, blockchain-related technology risks, and potential tax obligations. Ensure you understand these risks, consult with professional advisors, and confirm local regulatory compliance before investing. xStocks, and all of Backed’s products, are not sold, offered, or marketed to US Persons, and are not available in the US.

QESTER 🎖️ 的头像
QESTER 🎖️1 年前

@xStocksFi Solflare trades stocks before Gta6. Banger

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

@xStocksFi Solflare is the web4

WittyCruz | Solflare🇳🇬🐐 的头像
WittyCruz | Solflare🇳🇬🐐1 年前

@xStocksFi Every single day Solflare is always cooking 💛💛💛💛💛💛💛 Cooking 24/7 for Solana

Solflare - The Solana Wallet 的头像
Solflare - The Solana Wallet1 年前

@xStocksFi What else can you get when you build a team full of builders!🦾👑

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Grateful to win the xavier stocks Hackathon by Kraken with divergence 🌌 @0xscanty We built xPrime, a prime brokerage for onchain equities. Here's some learnings about the potential and mechanics of tokenized equities: 1. Equities are the biggest pool of idle capital in the world. ~$100T in equities, ~$40T in retail brokers sits in spot. In an AI world where value is accruing to equity vs labor, most are structurally underexposed. Services like stock loans & structured products that let users do more with their assets are inaccessible & costly. 2. Tokenized equities enable financial offerings (earn, borrow, trade, spend) on parity to traditional finance, but accessible globally to anyone with internet. 3. Programmability and composability create net new financial surface area. Traditional brokerages are walled gardens. DeFi strategies between markets for spot structured vaults lending perpetuals options neobanks for RWAs is the new frontier. 4. There's no free lunch. Onchain financial system for equities is not without intermediaries & counterparties. Risk is being shifted to asset issuers, tokenization platforms, KYC'd mint/redeemers, permissioned RFQs... 5. DeFi infrastructure needs to adapt. There's no (and likely not going to be) deep 24/7 onchain liquidity for tokenized assets. Swaps are currently done via KYC'd non-atomic mint/redeem, or atomic RFQ like Cowswap with variable spreads especially after hours. This creates problems liquidating loans & rebalancing vaults. Solving this with T+1 & clearing houses will enable literally trillions of collateral to come onchain unconstrained by DEX liquidity. More collateral -> more demand to borrow -> more yield for lenders -> onchain economic expansion! Thank you to the hackathon hosts, fellow participants, and sponsors for the great experience. We'll be building more!

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50,454 次观看 • 5 个月前

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