Solar (formerly Swipe) is a community-governed, open-source Layer-1 blockchain built to enable scalable, energy-efficient, and transparent digital infrastructure through Delegated Proof of Stake (DPoS). Secured by 53 elected block producers, Solar’s network processes transactions quickly and sustainably while offering a robust development framework derived from an enhanced ARK Core. The platform includes Solar Core, a modular base supporting custom transaction types, and the Solar Wallet suite for SXP management, delegate voting, and token creation. A range of enterprise products like Solar Card, BrighterVPN, and District 53 showcase the protocol’s real-world use cases. The SXP token exists natively on the Solar chain, with bridged versions on Ethereum (ERC-20), BNB Chain (BEP-20), and Harmony (HRC-20). Tokenomics include a deflationary burn of 90% of transaction fees and 10% distributed as forging rewards to incentivize validators. SXP is used for payments, NFT minting, governance voting, staking, and launchpad access. With open governance via the Solar DAO and continued development of cross-chain functionality and metaverse integrations, Solar aims to support Web3 adoption through a community-first approach.
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