Solana CEO: Team designs SOL token price guarantee mechanism to protect investors

Anatoly Yakovenko, CEO of the high-performance public chain Solana, said at the AMA event in the Satoshi community that the team wanted to design auctions to ensure that retail investors, especially long-term investors, were properly protected by price guarantee mechanics. Solana’s price-guaranteed auction is different from Algorand. Users participating in the Algorand auction can arbitrage without risk. He also said that Solana changed this by binding the price guarantee to the token itself, so that Solana’s price guarantee can even support the SOL tokens listed on the exchange, not just the auctioned SOL tokens. It also restricts price guarantees to registered and staking investors only.