The Solstice DeFi protocol in the Solana ecosystem has announced an important update. According to the latest announcement, the project team has adjusted the terms of the token public offering: all tokens obtained in this round will be fully unlocked at the TGE (Token Generation Event), with no lock-up period.

In response to user concerns caused by recent short-term fluctuations of USX, Solstice has provided an exit plan — a 14-day application window after the public offering ends, during which users can request a full refund. The project team emphasized that the issuance of SLX is progressing exactly as planned, with no delays, and expects to complete the TGE in the first quarter of 2026.

The background is that USX briefly de-pegged and fell to $0.10, drawing market attention. The Solstice team subsequently stated that this was mainly due to liquidity fluctuations in the secondary market. The team and market makers intervened immediately, injecting liquidity and taking other measures to quickly restore the exchange rate. The project team characterized this as a purely market liquidity issue rather than a protocol risk.