Solidly is an automated market maker (AMM) design associated with ve(3,3): token holders lock voting power, direct liquidity incentives to pools, and seek to align liquidity providers, traders, and protocols. The name covers more than one deployment and version. The original Fantom launch and later Solidly versions have different histories, contracts, and token details.
How the design works
Solidly’s original design combined vote-escrowed governance with a (3,3)-inspired incentive model. Voters allocate gauge emissions among pools, and protocols can add voting incentives to attract votes. The AMM also used separate curve designs for correlated and volatile token pairs. The idea is to direct rewards toward pools that attract trading and fees, but outcomes depend on actual activity and pool configuration.
Versions and deployments
Solidly V1 launched on Fantom on February 10, 2022, with SOLID emissions starting later that month. Current Solidly documentation describes a later Ethereum relaunch and lists deployments on Ethereum, Optimism, Arbitrum, Base, Fantom, and Sonic. It says each chain has its own pools, rewards, and contract addresses. A Solidly token or page on one chain should not be assumed to match another chain or the original V1 system.
What users should compare
Before using a pool, identify the chain, version, contract, fee curve, voting system, and reward token. Liquidity providers can face impermanent loss, pool-specific risks, changing emissions, and smart-contract risk. High incentives do not guarantee trading volume or net returns. Locking a token can limit liquidity and expose holders to token-price changes during the lock.
Social Media Sentiment
A small 2022 r/FantomFoundation discussion around ve(3,3) shows excitement about the incentive model alongside criticism of launch allocations and airdrop dynamics. It reflects the launch period, not current sentiment toward every Solidly deployment.
Last updated: 2026-10
Related Terms
See Also
- Why DAO Governance Votes Often Underperform
- What Is MEV and Why Does It Matter?
- Are Layer 2 Networks Decentralized?
- Compare swap options with ChangeNOW
Sources
- Solidly documentation — describes the later relaunch, listed deployments, and chain-specific pools, rewards, and addresses.
- Fantom Foundation, February 14, 2022 update — records V1’s Fantom launch date and identifies it as a ve(3,3) AMM.
- Fantom Foundation, March 1, 2022 update — records the start of SOLID emissions and veNFT voting.
- Archived Solidly V1 code repository — documents original AMM curves, gauges, and vote-escrow; the repository is archived.
- r/FantomFoundation discussion of ve(3,3) — a limited launch-period example of community reaction.