✨ Solancer's Solution

Solancer addresses these problems head-on by introducing a novel approach to portfolio management:

At its core, Solancer allows users to build and mint personalized portfolio tokens (pTokens). Each pToken represents a share in an on-chain vault containing a basket of SPL tokens with fixed target weights. What sets Solancer apart is its innovative rebalancing mechanism that operates without relying on external oracles or a dedicated bot network, using real-time on-chain swap data from Jupiter.

Here's how we tackle the challenges:

• Tokenized Portfolios: By minting a single pToken, users gain exposure to a diversified portfolio, making it easy to manage, transfer, and integrate with other DeFi protocols.

• Automated, Oracle-Less Rebalancing: Our unique rebalancing system uses Jupiter's swap quotes directly on-chain to detect deviations and execute swaps. This eliminates reliance on external oracles, enhancing security, reducing costs, and ensuring rebalancing is always based on actual market liquidity.

• Autonomous Triggering: We've designed an open, permissionless system where any user or program can trigger a vault's rebalance and be incentivized for doing so. This replaces the need for a closed bot network, making the protocol more decentralized and resilient.

• Composability: pTokens are standard SPL tokens, meaning they can be traded on DEXs, used as collateral, or integrated into other DeFi primitives, unlocking new levels of composability for diversified holdings.