Solana ecological DeFi protocol Marginfi will issue the stablecoin YBX supported by Solana LST
On January 22nd, Solana's DeFi margin protocol Marginfi announced a new stablecoin project YBX on its social platform. According to the information on the page, Marginfi will launch a high-yield decentralized stablecoin YBX supported by Solana's LST ecosystem in early 2024, which can earn Solana staking yield (about 8%), MEV capture (using Jito's MEV client's LST) and loan yield (in the form of marginfi).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
Bitget PoolX is listing Planck (PLANCK): Lock BTC to get PLANCK airdrop
Bitget x PLANCK Carnival: Grab a share of 1,880,000 PLANCK!
Trending news
MoreCrypto prices
More
