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TechFlow reports that Marginfi, a DeFi margin protocol on the Solana ecosystem, announced on X platform its plan to release the whitepaper for its stablecoin project YBX next week.
The stablecoin will be backed by Solana-based LSTs and will earn yields from Solana staking (approximately 8%), MEV capture (using Jito's MEV client for LSTs), and lending yields (via Marginfi).
Solana-based DeFi margin protocol Marginfi announced on X that it plans to release the whitepaper for its stablecoin project YBX next week. The stablecoin will be backed by Solana ecosystem LSTs and will earn yields from Solana staking (approximately 8%), MEV capture (using Jito's MEV client for LSTs), and lending yields (via Marginfi).
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