Bringing finance on-chain takes intelligence, accountable decisions, clear governance, and financial mechanisms people can examine.
These are the foundations of the Federation's work on Solana. Explore the systems, their current stage, and the evidence behind them as the project develops.
Research examines Solana DeFi, market structure, and mechanism design. Published specifications make proposals available for scrutiny. The record and corrections log preserve commitments and changes.
Purpose you can understand. Progress you can examine.
Status summary reviewed . Follow each source for the latest published position.
01 / INTELLIGENCEMeasurement review
Dossier
Make on-chain intelligence answerable to evidence.
Dossier publishes its methodology, forecast record, corrections, and telemetry. Its detection thesis is under measurement review; detection and intake are paused.
Next documented gate
Publish the measurement results before determining a path forward.
FCC develops a public protocol for registering, challenging, and scoring consequential capital judgments. Its latest recorded Epoch 2 outcome is SHORTAGE_EVENT. No capital is deployed and no rerun is authorized.
Next documented gate
Complete the recorded prerequisites and obtain a new, separately recorded authorization for a rerun.
Give holder preferences a public place in the process.
The published governance specification describes an advisory deployment on Realms. Its scope assigns no control over the treasury, repository, website, or token.
Gate before authority expands
A new specification, security review, and recorded authorization.
Build a bounded supply-and-borrow market with accountable interest and risk rules.
A private Solana program has completed local synthetic-token tests for supply, borrowing, collected-interest settlement, several supplier withdrawals, and a final exit with one funded supplier. The borrower-protective liquidation design remains unresolved and unimplemented in this program. No public lending market, real-fund route or independent audit is live.
Next documented gate
Prove multi-supplier exits and later deposits, integrate default and loss rules, settle and implement liquidation, then obtain independent security and legal review before any separately authorized public release.
This overview describes the shared vision and published stages. It does not represent an integrated financial service or a commitment to launch dates.
FINANCIAL PRODUCT / BUILD STATUS
Real lending work. Clear release gates.
Private build snapshot · 24 September 2026 Not a customer-facing market
The Federation is developing a bounded Solana lending program for supplying tokens and borrowing against collateral. The current prototype runs with synthetic tokens in a local validator. This is engineering progress, not a deployed lending service. The code and runtime reports are private, so the results below are self-reported and not yet independently reproducible by visitors.
LOCAL CHECKS PASSED
Supply and draw
Private local flows have moved synthetic tokens into market cash and out to a borrower, with recorded supplier shares, collateral and principal.
TWO LOCAL CYCLES PASSED
Interest and settlement
Two private local cycles collected borrower interest before paying suppliers and reserve, then cleared recorded liabilities. The second settlement used a supplier's reduced share balance after two withdrawals between periods. These are synthetic-token tests, not public lending activity.
BOUNDED FLOWS PASSED
Supplier withdrawals and exit
In one local test, a supplier withdrew all 1.2 million synthetic units of available cash while a loan remained open; repayment and settlement still completed. In another, a supplier withdrew 500,000 and then 250,000 units after payout, followed by a second full settlement. Separately, a market with one funded supplier completed payout and returned its remaining 1 million synthetic units at terminal exit. These are different test paths, not one continuous market history.
OPEN ENGINEERING
Later deposits and multi-supplier exit
Deposits at market creation have been exercised. Deposits after a paid period, withdrawals after the second payout, and a terminal exit with multiple funded suppliers have not passed a complete local flow. The prototype also has a fixed, operator-approved cohort of up to 16 borrowers and 16 suppliers.
OPEN ENGINEERING
Default and loss
Research records a reserve and proportional supplier-loss direction for this bounded prototype. It is not an integrated on-chain default or loss path. A non-paying borrower, reserve exhaustion, supplier claim changes and recoveries still need end-to-end proof.
DESIGN UNDER REVIEW
Liquidation and price data
The published liquidation specification has an unresolved trigger conflict. Oracle failure handling, borrower notification, emergency behavior, partial-fill limits and liquidator economics still need final rules and adversarial tests. No borrower-protective liquidation mechanism is live.
RELEASE GATE
Independent scrutiny and operations
Before any real-fund proposal: complete stressed and failure-case testing, examine reserve economics and operating coverage, obtain independent security and appropriate legal review, build a public interface, and record separate release authorization. No customer deposits or yields are available.
The Lending Lab is an educational simulation. Its example parameters are not live market terms, and using it does not supply, borrow, earn, or hold $GFOF.
BUILDERS · BUSINESSES · RESEARCHERS
Bring your expertise. Help shape what comes next.
Get to know the Federation as we build. Choose a starting point, examine the work, and bring a specific question to the conversation.
01 / BUILDERS
Review a mechanism
Examine a design assumption, model a failure scenario, or propose a test that could improve the specification.
Make the observation easy for someone else to check:
Claim: quote the relevant passage and link to its source.
Evidence: identify the data, date, method, and limitations.
Result: explain what supports or contradicts the claim.
Reproduction: provide the steps or public references needed to check it.
Start the conversation
Introduce your question in the Federation's public Telegram community. Include the relevant source and a short summary so others can follow your reasoning.
Share only information suitable for a public discussion. These are discussion guides; formal proposals and protocol challenges follow their published procedures.