❓FAQ and Troubleshooting

Frequently Asked Questions

• What is Solenes, and what are its main features? Solenes is a decentralized finance (DeFi) protocol on the Solana blockchain, providing stable, synthetic dollar assets (USDs) and a yield-generating savings instrument (sUSDs), with governance powered by the SNE token.

• How does USDs maintain its peg to the dollar? USDs maintains stability through a delta-neutral hedging strategy that offsets collateral price fluctuations, ensuring a consistent dollar value.

• What is the difference between USDs and sUSDs? USDs is a synthetic dollar-pegged asset, while sUSDs is a staked version that accrues yield over time, functioning as a savings instrument within the protocol.

• How can I participate in Solenes’s governance? SNE holders can participate in governance by voting on proposals and committee elections. Governance voting is available on the Solenes dApp interface.

Troubleshooting

• Wallet Setup Issues: Ensure you’re using a compatible Solana wallet like Phantom or Sollet. Follow the setup instructions carefully and securely store your seed phrase.

• Transaction Errors: If a transaction fails, check your wallet’s SOL balance for sufficient funds to cover transaction fees. Also, verify your network connection and try again.

• Staking/Unstaking Issues: Ensure that you’re following the staking/unstaking steps correctly on the Solenes dApp. If problems persist, reach out through community support channels.