SOLAAR Protocol

SOLAAR Protocol is a decentralized reserve coin protocol on the Binance blockchain based on the $SOLAAR . Each $SOLAAR token is backed by a basket of assets (e.g. UST/BNB/BTC) and LP tokens in the Solaar treasury, giving it an intrinsic value that provides a foundation of value. SOLAAR Protocol also introduces economic and game-theoretic dynamics into the market through staking and bonds.SOLAAR Protocol is based on the code of OlympusDAO and it is built on the Binance blockchain [BSC], however- we have major differences and are evolving at a rapid speed through innovation and adaptation.   Most DAO coins do not have any tokenomics built-in internally. Investors can suffer from high volatility and the coin has a significant chance to head towards zero value. SOLAAR developers noticed that the OlympusDAO had created strong and fast growing tokenomics in the DeFi world. We decided to bring the bonding and protocol-owned liquidity to the SOLAAR Kingdom! Our goal is to build a policy-controlled DAO coin system, in which the behavior of the SOLAAR token is controlled at a high level by the DAO. In the long term, we believe this system can be used to optimize for stability and consistency so that $SOLAAR can function as a global unit-of-account and medium-of-exchange DAO coin. In the short term, we intend to optimize the system for growth and wealth creation (stacking BTC).