ME News reports that on May 25 (UTC+8), Solana ecosystem DeFi project Solstice announced on Twitter that it will change the TVL requirement in its Season 2 dashboard from a point-in-time snapshot to a time-weighted average (TWA). The TWA TVL accounts for both the size of user holdings and the duration of those holdings, aiming to reward sustained participation. This metric will directly impact eligibility for the 3-month linear vesting option and the multiplier calculation for Season 2, while the 9-month vesting option remains unaffected. The team stated that after SLX claiming opens, users will have a 10-day grace period to adjust their TVL to meet the required level. After the grace period, failure to maintain the required TVL will result in loss of the Season 2 multiplier or unvested 3-month tokens. (Source: Foresight News)
Solstice Changes Second Season TVL Requirement to Time-Weighted Average
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Summary
Solstice, a DeFi project on Solana, announced on May 25 (UTC+8) that it will transition from a single-point TVL snapshot to a time-weighted average (TWA) for its second season dashboard. The TWA TVL accounts for both the size and duration of user holdings, impacting eligibility for the 3-month vesting schedule and multiplier calculations. The 9-month vesting period remains unchanged. Users will have a 10-day grace period following SLX claims to adjust their TVL; failure to maintain the required level will result in the loss of the multiplier or unvested tokens. This on-chain update comes amid ongoing risks of DeFi exploits.
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