The goal of the Photon DAO is to combine the best aspects like e.g. high yield farming from various different chains into a single reward generating (stakeable) token on the Solana Blockchain. Photons are partially backed by USDC and are constantly producing yield when staked. The long term goal is to stabilize the market price around the backing price establishing a new method of fighting against high volatility, while constantly providing rewards for its investors.
The Photon DAO uses various trusted DeFi protocolls like e.g. Solend or Marinade to increase the yield on staked Solana. That practice allows investors/holder to get the most out of their staked SOL, while simply holding ptnSOL in their wallet. Additionally the SOL yield can be further increased by staking the protocols native PTN token. - Public Presale starts soon. Follow our socials to keep up to date.