What is UltraSolid?
UltraSolid is a decentralized exchange (DEX) built on the Hyperliquid ecosystem, designed to offer a robust DeFi experience.
It operates using a vote-escrow (veDEX) model that ties governance rights and rewards to token locking mechanisms, encouraging long-term community participation and liquidity provision.
UltraSolid’s core smart contracts, originally developed by Kyo Finance, have undergone extensive security audits by firms like Omniscia and Beosin, ensuring a secure platform foundation.
The platform includes features such as token trading, liquidity pools, and governance voting with growing community adoption and rapid total value locked (TVL) growth.
How Does UltraSolid Work?
It incentivizes users to provide liquidity and engage in trading by awarding points in a retroactive airdrop scheme.
Points are earned through actions like supplying liquidity to pools, swapping tokens, and sharing referral codes, with multipliers for volatile asset pools.
Governance is integrated via vote-escrow tokens that lock liquidity provider tokens to gain voting power and rewards.
The platform runs on Hyperliquid’s HyperEVM chain, facilitating cross-chain asset bridging and enabling seamless DeFi interactions.
Official UltraSolid roadmap or only public sources?
There is no clearly available official public roadmap specifically for UltraSolid as a distinct Web3 project.
The searches yield no direct UltraSolid roadmap document or announcement from official channels.
However, based on generally accessible sources from the UltraSolid-related airdrop guides and community discussions, the platform is currently in early phases focusing on:
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Launch and gradual expansion of airdrop phases tied to liquidity provision and user participation.
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Integration with the HyperEVM blockchain for cross-chain bridging.
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Enhancing governance participation through vote-escrow (veDEX) token mechanisms.
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Continued audits and security upgrades to platform smart contracts.
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Growth of DeFi features around decentralized trading and liquidity incentives.
Because It seems to be in a relatively nascent stage, users are advised to follow official UltraSolid social channels or the main UltraSolid website for any future roadmap publication or formal development updates.
For now, public information primarily revolves around the current airdrop participation phases and community-driven activity, with no formal, detailed project roadmap openly published.
Airdrop Details
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Its airdrop is currently speculative but follows a four-phase rollout starting with an invite-only private launch.
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Points are calculated based on time-weighted average liquidity provision.
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Volatile asset pools yield 2x points, stable or correlated assets yield 1x points.
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Using referral codes gives a 5% bonus on points.
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Higher points improve chances to receive future token airdrops on it.
How to Participate in UltraSolid Airdrop
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Visit ultrasolid.xyz and connect a Web3 wallet such as MetaMask or WalletConnect.
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Enter a referral or invite code; use “AIRDROPSIO” to get a 5% points boost.
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Generate and share your own invite code to earn additional rewards from referrals.
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Acquire HYPE tokens (the native Hyperliquid token) and transfer them to the HyperEVM chain.
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Optionally, bridge assets from other blockchains to the HyperEVM chain via UltraSolid’s bridge.
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Provide liquidity by depositing token pairs into pools matching your risk profile.
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Perform token swaps on the platform to accumulate activity points.
Tips for Maximizing UltraSolid Points
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Use the referral code “AIRDROPSIO” to gain an instant 5% bonus on all points earned.
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Share your unique invite code widely to get additional referral points.
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Provide liquidity consistently and in pools with volatile assets for 2x points.
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Engage actively in token swaps and other on-platform activities.
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Maintain liquidity deposits over time to maximize the time-weighted average points accumulation.
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Participate early in the phases to benefit from the full reward potential.
FAQ
Q: What tokens are required for participation?
A: HYPE tokens on the HyperEVM chain are needed for transactions and liquidity provision.
Q: Is the UltraSolid airdrop guaranteed?
A: The airdrop is currently unconfirmed and speculative. Participants should take part cautiously without expecting assured rewards.
Q: What wallets are compatible?
A: Popular Web3 wallets like MetaMask and WalletConnect can be used to connect to UltraSolid.
Q: How secure is it?
A: The platform uses audited smart contracts from Kyo Finance with multiple third-party audits ensuring security.
Q: Can I use assets from other blockchains?
A: Yes, It offers bridging services to transfer assets from other blockchains into the HyperEVM chain.
This comprehensive guide captures the core aspects of UltraSolid and how users can engage with its airdrop and platform features responsibly.
