Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Solana ecological DeFi protocol Marginfi will issue the stablecoin YBX supported by Solana LST

Solana ecological DeFi protocol Marginfi will issue the stablecoin YBX supported by Solana LST

CointimeCointime2024/01/22 00:03
By:Cointime

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).

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!