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📣 $BETAI IDO Update

At Solanium, we're committed to protecting our community and maintaining professionalism with our partnerships. Following the $BETAI IDO, we want to provide clarity on the situation and the steps we’re taking to prioritize fairness and uphold our values.

While $BETAI price technically traded above the IDO price 24 hours after TGE, there were concerns about the price movement which invalidated Solanium Shield’s refund policy. We've addressed this directly with their team but unfortunately, they have chosen not to refund Solanium IDO participants and have demanded the full raised funds from the sale.

We are currently taking proactive steps which includes introducing measures to prevent similar situations in the future.

As a launchpad that values professionalism, we will honour our contract with them and transfer the raised funds, even under these conditions.

However, we have also decided to refund 100% eligible participants directly from our treasury in $SLIM tokens to ensure fairness and trust. Refunds will be done within 72 hours and automatically airdropped in user wallets.

Refund Eligibility

Refunds will be issued to users who meet both the following conditions:

1. Participated in the $BETAI IDO and are staking SLIM.

2. Did not sell/move their $BETAI tokens within the first 24 hours after TGE.

On top of that, eligible users will still keep their $BETAI tokens, guaranteeing a net profit for eligible participants.

This is a unique, one-off decision made under specific circumstances and does not set a precedent.

For participants who did not qualify for the refund, we encourage you to consider staking $SLIM, not just to gain access to opportunities, but also to be better protected when such unexpected situation arises.

New Refund Policy

Starting February 1, all IDOs on Solanium will adopt a new refund policy, as shared in our Platform Updates ⬇️

https://solanium.medium.com/solanium-platform-updates-c07e35d2dd0c

This policy will allow participants to request a refund within a 72-hour window or claim their tokens, ensuring more clarity and flexibility while protecting users from potential market risks.

All these decisions reflect our unwavering commitment to our community while maintaining professionalism in our partnerships. We appreciate your trust as we continue strengthen our processes and build a thriving ecosystem.



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📣 $BETAI IDO Update

At Solanium, we're committed to protecting our community and maintaining professionalism with our partnerships. Following the $BETAI IDO, we want to provide clarity on the situation and the steps we’re taking to prioritize fairness and uphold our values.

While $BETAI price technically traded above the IDO price 24 hours after TGE, there were concerns about the price movement which invalidated Solanium Shield’s refund policy. We've addressed this directly with their team but unfortunately, they have chosen not to refund Solanium IDO participants and have demanded the full raised funds from the sale.

We are currently taking proactive steps which includes introducing measures to prevent similar situations in the future.

As a launchpad that values professionalism, we will honour our contract with them and transfer the raised funds, even under these conditions.

However, we have also decided to refund 100% eligible participants directly from our treasury in $SLIM tokens to ensure fairness and trust. Refunds will be done within 72 hours and automatically airdropped in user wallets.

Refund Eligibility

Refunds will be issued to users who meet both the following conditions:

1. Participated in the $BETAI IDO and are staking SLIM.

2. Did not sell/move their $BETAI tokens within the first 24 hours after TGE.

On top of that, eligible users will still keep their $BETAI tokens, guaranteeing a net profit for eligible participants.

This is a unique, one-off decision made under specific circumstances and does not set a precedent.

For participants who did not qualify for the refund, we encourage you to consider staking $SLIM, not just to gain access to opportunities, but also to be better protected when such unexpected situation arises.

New Refund Policy

Starting February 1, all IDOs on Solanium will adopt a new refund policy, as shared in our Platform Updates ⬇️

https://solanium.medium.com/solanium-platform-updates-c07e35d2dd0c

This policy will allow participants to request a refund within a 72-hour window or claim their tokens, ensuring more clarity and flexibility while protecting users from potential market risks.

All these decisions reflect our unwavering commitment to our community while maintaining professionalism in our partnerships. We appreciate your trust as we continue strengthen our processes and build a thriving ecosystem.

BY Solanium




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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

Start with a fresh view of investing strategy. The combination of risks and fads this quarter looks to be topping. That means the future is ready to move in.Likely, there will not be a wholesale shift. Company actions will aim to benefit from economic growth, inflationary pressures and a return of market-determined interest rates. In turn, all of that should drive the stock market and investment returns higher.

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