General

What is Solido Grow?

Solido Grow is a decentralized yield accrual system built on the Supra blockchain. It enables users to deposit $CASH (Solido stablecoin) and receive $bCASH—a yield-bearing, liquid token that appreciates as the protocol earns yield from the underlying on-chain strategy. This allows users to earn passive income without sacrificing liquidity.

What is $bCASH, and what does it represent?

$bCASH is a token that users receive when they deposit $CASH into Solido Grow. It serves as a receipt and an interest-accruing asset. Over time, as protocol-generated yield accumulates, the exchange rate between $bCASH and $CASH increases, meaning each $bCASH becomes redeemable for more $CASH. This mechanism allows users to benefit from system growth while retaining the flexibility of liquid holdings.

What is the relationship between $CASH and $bCASH?

Initially, the exchange rate is 1:1. As Solido Grow generates yield, the value of $bCASH increases relative to $CASH. For example, over time, $1bCASH might become redeemable for $1.02CASH, reflecting 2% yield growth. Users benefit from passive compounding without any active management.

What can I do with $bCASH beyond holding it? $bCASH is a liquid, yield-bearing token designed to serve as a foundational asset within the Supra DeFi ecosystem. It can be used to provide liquidity on decentralized exchanges and integrated into DeFi protocols such as lending markets, yield strategies, and more. Its design ensures users can retain yield benefits while putting $bCASH to productive use across the network.