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    TL;DR

    Solstice is a synthetic stablecoin protocol built on Solana

    Dossier

    ## Overview Solstice is a synthetic stablecoin protocol operating on the Solana blockchain. It enables users to mint and trade stablecoins that track real-world assets, particularly focusing on basis trading strategies where traders exploit price differences between spot and futures markets. The protocol exists to provide traders with on-chain infrastructure for collateralizing synthetic positions without relying on traditional centralized stablecoin issuers. The design of Solstice addresses a specific market inefficiency: the spread between spot prices and perpetual futures contracts. In trad