RT Hylo (@hylo_so)hyUSD: The most decentralized and productive stablecoin on @solana> Direct mint/redeem access to underlying reserves. No middleman.> Fully transparent reserves. Verify anytime, on any block explorer. ...

🛎️⛓️ New tokenized asset listing: hyUSD stablecoin on @solana, issued by @hylo_so.hyUSD aims to be the most decentralized stablecoin on Solana, pegged 1:1 to the US Dollar and backed by liquid staking tokens (LST). https://t.co/c2fAG5XMsE ...

Core Insights - DeFi Development Corp. has announced a partnership with Hylo, a Solana native DeFi protocol, to enhance on-chain yield and participate in Hylo's points incentive program [1][2] Group 1: Partnership and Strategy - The partnership will involve deploying select assets into Hylo's yield products, which aim to optimize returns through capital-efficient mechanisms within the Solana ecosystem [2][3] - The CEO of DeFi Development Corp. stated that this partnership aligns with the company's strategy of compounding SOL and related assets through high-quality yield opportunities [4] - The proceeds from this deployment are expected to support operating expenses, additional SOL accumulation, and potentially stock repurchases, aiming to enhance long-term value creation [4] Group 2: Hylo Protocol Overview - Hylo is designed to provide scalable, capital-efficient returns with a fully transparent architecture and risk management, catering to sophisticated users seeking optimized yield [3][10] - Hylo has rapidly scaled to $100 million in Total Value Locked (TVL) within four months and is currently generating over $6 million in annualized fees [10] - The protocol offers products such as xSOL for leveraged SOL exposure, hyUSD as a yield-bearing stablecoin, and hyloSOL as a high-yielding liquid staking token [11]

RT Hylo (@hylo_so)There’s an unstoppable DeFi dollar that has already endured market crash.> Hyper-productive with a 15% trailing APY over the past 6 months> Doesn’t rely on external trading desks or centralized assets to performTruly different from anything you’ve seen on @solana.hyUSD. ...

RT Hylo (@hylo_so)A year ago, our team pitched @colosseum on introducing new primitives to Solana:Liquidation-free leverage with xSOL and a fully native stablecoin, hyUSD, offering unmatched yield.Since public launch 4 months ago, Hylo has grown from 0 to $100M TVL.Only possible on @solana. https://t.co/5iHj3byyfS ...