ICO fatigue has already made many people somewhat numb to new funding rounds, but Solstice's latest financing round is still worth paying attention to. The project is valued at $130 million, with a relatively balanced token unlock mechanism: 50% of tokens are released at the first TGE for liquidity, and the remaining portion is linearly unlocked over three months. This structural design can effectively prevent excessive selling pressure concentrated in one go. Notably, the USX stablecoin launched by Solstice has now reached a market capitalization of $330 million, reflecting that the project has established a certain practical application foundation within the DeFi ecosystem. In the current market environment, it is rare for new projects to demonstrate both fundraising appeal and product implementation progress simultaneously. The design approach of the tokenomics and the current performance of the stablecoin market are worth in-depth study.