Solomon Labs has announced the launch of its SOLO token initial coin offering (ICO) on the MetaDAO platform, starting November 15. The ICO will run for four days, concluding on November 19, with a fundraising target of $2 million. Participants can purchase SOLO tokens using USDC, with 10 million tokens available for public allocation. The funds raised will be directed towards expanding liquidity for stablecoins USDv and sUSDv, supporting liquidity mining on decentralized exchanges, and enhancing security and transparency measures. Additionally, 12.9 million SOLO tokens are reserved for team incentives, subject to specific price conditions and an 18-month lock-up period.