https://voting-decentralized-nsxy.vercel.app

Sahlot is a sophisticated decentralized stablecoin protocol built on the Solana blockchain. It leverages Liquid Staking Tokens (LSTs) to provide a stable, yield-bearing currency (hyUSD) and a leveraged exposure token (xSOL), creating a symbiotic ecosystem for DeFi users.

• hyUSD (Stablecoin): A fully collateralized stablecoin backed by a diverse basket of Solana LSTs.
• xSOL (Leveraged SOL): A tokenized leveraged long position on SOL with no liquidation risk and no ongoing funding rates.
• Native Yield: Earn outsized yields by participating in the Stability Pool.
• Capital Efficiency: High scalability achieved through innovative dual-token mechanics.
• Permissionless & Decentralized: Built entirely on-chain with transparent risk management.

Sahlot uses a unique invariant equation to maintain stability and calculate prices:

Collateral TVL = hyUSD Supply × hyUSD Price + xSOL Supply × xSOL Price

By absorbing volatility through xSOL, the protocol ensures that hyUSD remains pegged to $1 while providing effective leverage to xSOL holders.

• Solana Toolchain (v3.0.13+)
• Anchor CLI (v0.32.1+)
• Node.js (v20+)
• Rust (v1.84.0+)

# Install dependencies
npm install

# Build the program
anchor build

# Run integration tests
anchor test

This project is licensed under the ISC License.