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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).

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