Papi (@PapiChuloGrim) header
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CMO @solomon_labs | Investing @monkeventures | Prev. @MagicEden, @MultiChain, @Merck | Opinions my own

United States of America
Joined October 2015
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Another USDv distribution delivered. Dollars in wallets, treasuries and liquidity pools continue to earn while remaining available to use. No staking. No wrapping. No lockups. The way you use your dollar doesn't change. What you get from it does.
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Our next Mindshare Summit speaker is none other than the CMO of @solomon_labs himself, @PapiChuloGrim! Ex-@MagicEden and @Multichain, with a decade in marketing and years of it spent in the Solana trenches. Don't miss it: luma.com/xi89ghzp
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the underrated projects on @solana series is back 👀 episode 29: @solomon_labs is building what they call “a better dollar.” their stablecoin, USDV, earns yield just by holding it. no staking, no lockups, no extra steps. and the yield follows USDV wherever it moves across DeFi. here’s the interesting part, when yield-bearing assets move around DeFi, the rewards usually don’t follow. who gets the T-bill yield once your asset is buried in another protocol? Solomon tracks it, so the yield follows USDV wherever it goes. USDV is the easy way in, but underneath it’s a platform that businesses and treasuries can plug into. already ~$9M in circulation, with eight treasuries on board. it’s still a yield product, so rates can change, and being T-bill-backed doesn’t mean it’s risk-free. always DYOR. which project should we cover next?
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Solomon and USDv are unaffected by the reported Binance incident. USDv remains fully backed, reserves are secure, and all operations continue as normal.
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Working capital should earn its keep. With USDv, Zynta can earn on the dollars it holds between trades, helping offset liquidity costs and improve net economics. No operational changes, just better business.
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Papi retweeted
The dollar side of a liquidity pair is a capital allocation decision. For a long time, the choice was mostly limited to one or two stables with little differentiation. We settled on a default and stopped asking if things could be better. Pairing with a productive stable improves net economics. Yield on the dollar side offsets the base rate cost of capital, reducing what MMs have to absorb or pass on to traders through spreads. This will be obvious in hindsight. More quote assets coming soon.
The dollar you pair with should pay you. USDv puts the cash side of liquidity to work: 3.5% APY on the USDv portion, on top of swap fees. For GOLD/USDv, LPs with @orogoldapp are now enjoying a 9.77% annualized yield (7D).
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The dollar you pair with should pay you. USDv puts the cash side of liquidity to work: 3.5% APY on the USDv portion, on top of swap fees. For GOLD/USDv, LPs with @orogoldapp are now enjoying a 9.77% annualized yield (7D).
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Papi retweeted
years of sleepless nights, now ready for clients Solomon Labs lets you stack the rules on who gets rewarded: - genius act compliant - held 30+ days - holding on a partner platform layer the rules, reroute the rewards.
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Papi retweeted
You SHOULD be getting more from your liquidity provision… Papi from Solomon Labs shows how liquidity providers can boost a Raydium LP from 8.5% to over 10% by making the stable leg $USDV “why wouldn’t you or your business want additional upside?”
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Papi retweeted
WHAT IS @solomon_labs? Solomon Labs breaks down what they’re actually building. Not just another stablecoin. The infrastructure for programmable monetary policy onchain.
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Solomon CMO @PapiChuloGrim says one failed mint is the reason he’s on Solana today. Back in 2021 he was trading on ETH on the side while working full time at Merck. He tried to mint a Sneaky Vampire Syndicate NFT. The mint failed and still charged him around $90 in gas. His thought was simple. If we want this space to grow, that experience isn’t going to do it. So he moved to Solana. Before Solomon, he was CMO at Multi-Chain Advisors and led marketing at Magic Eden. Video Courtesy: @digiii
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Papi retweeted
We went BEHIND THE CURTAIN with @solomon_labs today 1. What Solomon is and why people should care 2. Why Solana still lacks a dominant stablecoin issuer - and how Solomon changes that 3. What sets $USDv apart and why it should become the default 4. $SOLO as the only ownership/governance coin - MetaDAO raise, no other equity 5. Current AUM, growth trajectory, and 2027 targets 6. The real product: infrastructure behind the stablecoin (future of the suite) 7. Partnerships (Raydium, Onre, Oro, Ore, MetaDAO) 8. 2027 outlook and what he’s most excited about
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Solomon CMO @PapiChuloGrim is going live with @digiii to talk all things productive assets.
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Papi retweeted
BEHIND THE CURTAIN EP5: @solomon_labs Today. Making every asset productive.
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Dollars at work. Earnings delivered. The second USDv distribution is complete. Dollars in wallets, treasuries and liquidity pools earned without changing how you use them. No staking. No wrapping. No lockups. Every onchain dollar should work this way.
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Your liquidity can earn more than trading fees. With $USDv, the stable side of your LP position earns ~3.5% annualized while providing liquidity, on top of the trading fees you already collect. Opt in once. No staking, wrapping or lockups.
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Papi retweeted
BEHIND THE CURTAIN EP5: @solomon_labs - The $USDV launch - The engine making it all possible - Big partnerships - $8.5 million AUM - solana:SoLo9oxzLDpcq1dpqAgMwgce5WqkRDtNXK7EPnbmeta ownership coin - and more… Thursday.
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SOLO/USDv is live on @Raydium. Liquidity providers can now earn trading fees plus USDv rewards on the dollar side of the pool. The same capital, earning in two ways. A productive dollar, now paired with our own token.
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