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
CandyBomb x POWER: Trade to share 4,387,500 POWER
New users get a 100 USDT margin gift—Trade to earn up to 1888 USDT!
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
