Marginfi: YBX to go live on mainnet in mid to late March
Solana's DeFi margin protocol Marginfi said on X Platform that the stablecoin YBX will go live on the mainnet in mid-to-late March, and that early development of YBX has been completed and the project is undergoing a thorough vetting and stress-testing process. YBX is said to be an overcollateralized stablecoin that captures Solana pledge yields and MEV fees.
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
CME EBS market will open at 20:00
BNB Treasury company CEA Industries appoints digital asset expert Annemarie Tierney as director
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading