TechFlow news: Marginfi, a Solana-based DeFi margin protocol, announced on X the official website for its new stablecoin project YBX, with 5,000 people already joining its early access waitlist.
According to the webpage, Marginfi will launch YBX, a high-yield decentralized stablecoin, in early 2024. YBX will be backed by Solana ecosystem LSTs and generate yield through Solana staking rewards (approximately 8%), MEV capture (using Jito’s MEV client for LSTs), and lending yields (via marginfi).




