looks like the solstice flares program is heating up faster than anyone expected - just hit 25k discord members in under a month, and that's pulling in real users, not just farmers what's wild is how the multipliers stack now with that kamino integration - you lock usx into yieldvault for baseline 14% apy, get eusx, then loop it on kamino for up to 24% leveraged without touching the flares accrual breaks down like this: supply eusx as collateral, borrow usx against it, redeploy to amp the position - risks liquidation if sol dips hard, but with delta-neutral hedging underneath, it's way safer than straight perps plays early birds holding for 6 months get 6x flares on top, which could mean 10k+ points from a $1k position alone i ran the numbers on chain data yesterday - tvl jumped 25% week over week to $200m, mostly from these loops, and holder distro stays clean at 68% retail under $100 @ solsticefi nailed the composability here, turning a simple stable into solana's yield engine without the ethena-style emissions dump if you're not in yet, grab some usx on raydium, lock it, and start the loop - flares snapshot november 30, so positioning now locks in that 7.5% slx slice feels like this could flip the script on solana defi yields for good where you at on the flares leaderboard rn

sitting pretty at 3.8k flares, but the real edge is layering in jito restake on the borrowed usx - bumps apy to 28% without extra vol exposure