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VideoYouTubeStellar Development FoundationFebruary 25, 20224y ago1:05:59

Stellar Shop Talk: What's next on DeFi for Stellar: Script3's Yieldblox beta

Script3 discusses building YieldBlocks, a money market protocol on Stellar using Stellar Turrets for off-chain smart contract execution. The team explains their journey from options trading to recognizing the need for liquidity infrastructure, and how Turrets enable DeFi applications on Stellar.

DeFiSmart ContractsDeveloper Tools
Lumen Loop's take

Script3 founders Marcus, Alex, and others detail their evolution from attempting to build financial derivatives on Stellar to launching YieldBlocks, a money market protocol. They explain how Stellar Turrets, an off-chain smart contract system, solved critical limitations in building DeFi on Stellar. The discussion covers YieldBlocks' testnet launch, the advantages of JavaScript-based development on Turrets versus EVM chains, and how money markets provide essential liquidity infrastructure. They highlight user protections through XDR signing, the flexibility to tune decentralization levels, and plans for V2 features like isolated pools to support local stablecoins.

Mentioned projects
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YieldbloxFinancial Protocols
SCF
DeFiLending & BorrowingGovernance

YieldBlox is a decentralized, DAO-managed money market protocol on the Stellar Network, utilizing the Blend Protocol and Soroban…

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