Larix Monthly Report — May


We are very encouraged by the Larix community as well, regardless of the current broader market sentiment.

And with that, let’s take a look at how we have made an impact at Larix for the month of May.

Products and Services

  • xSOL Pool: this is a combination of SOL based assets including SOL, mSOL, stSOL, scnSOL, JSOL, and USDC. More information can be found in a recent blog post.
  • LARIX Pool: the LARIX pool is an index pool consisting of LARIX, USDT, USDC, and SOL. Participating in this pool also gives extra benefits including earning interest, using LARIX as collateral, and more can be found in a Medium post we shared this month.
  • Step Pool: this contains four different assets, namely $STEP, $mSOL, $USDC, and $SOL. Users are incentivized to use the Step pool for $STEP (15 days) & $LARIX (3 days) for Step pool deposits and borrows.
  • Stepn Pool: There are five assets in the Stepn pool: $GST, $GMT, $USDC, $SOL, and $mSOL. By Utilizing the Stepn pool, users can borrow $GST/ $GMT to mint more shoes with no borrowing fees! And enjoy $LARIX rewards for 3 days!

In addition to new pools for the Larix platform, we have also finalized and finished the SDK. This allows for new projects to integrate directly with the platform and provide new innovation for both new projects and the Solana ecosystem through the provision of Larix. We are happy to connect with other future projects and grow the ecosystem as a whole.

Operational Updates

Repayments and withdrawals are not affected.

Additionally, due to our partner’s technical issue, the $LDO reward for the stSOL pool has been suspended for 3 days. We will update the community on any more changes related to $LDO and related updates on this matter.

Partnerships and Engagement

In addition, we held an AMA this month with Penguin Finance. The AMA brought some good discussion and was hosted by the CMO of Larix and the BD of Penguin Finance. Penguin Finance is a liquidity and treasury management protocol for Solana projects and it’s great to collaborate with them for the AMA.


We are pleased to have the Larix community on board and we can’t wait to share what we will be doing in the upcoming months!



The first Metaverse based Finance Protocol on Solana.

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