## What Is Solanium (SLIM)?

Solanium is a decentralized platform for fundraising and trading on the Solana blockchain. The platform includes a DEX UI, staking, wallet management, governance and a launchpad.

Users can stake SLIM tokens to receive xSLIM. xSLIM is the platform’s governance token that is used for:

* Early or exclusive pool access
* Launchpad fee distribution
* Better odds in the lottery to win allocation in projects
* Vote in governance proposals

The Solanium platform includes:

* A launchpad / accelerator for new projects launching in the crypto ecosystem.
* Integrated wallet management to let the users manage their wallets.
* A (Serum) DEX UI.
* Governance and proposals.
* Integrations with other ecosystem projects.

## When did Solanium launch?

The SLIM token sale was held on May 22, 2021 with 5 million SLIM tokens being sold. At the same time an airdrop was distributed of 1 million SLIM tokens over 500,000+ participants.

## Where is the Solanium team located?

The team is located in Amsterdam, The Netherlands.