Backyard lets users create their own liquid yield strategy for stablecoins. Users build diversified stablecoin yield strategies by allocating across multiple yield vaults (e.g., Blend or Spiko vaults). These strategy LP tokens can optionally be used to mint Backyard Dollar (BYD), allowing users to earn yield while retaining liquidity. By separating yield generation from liquidity, Backyard solves one of DeFi's core inefficiencies: capital locked in yield strategies that cannot be reused without exit friction. The protocol is governed by a ve(3,3)-style capital coordination system, aligning emissions, governance, and liquidity incentives to route capital toward the safest and most productive strategies over time.
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What does a hackathon judge actually look for? What are the strongest (and weakest) points to include in your submission? Which sector is best to build in? 10 quick questions with @milianstx, @colosseum Crypto World's Fair judge 👇
Applications for Backyard Patio Creators Cohort 02 are now open! We're growing fast and not slowing down. We're onboarding the next cohort of creators to grow with us. Covering DeFi? Filming videos? Everything yield? We need you! Special rewards for creators, apply below 👇
Applications for Backyard Patio Creators Cohort 02 are now open! We're growing fast and not slowing down. We're onboarding the next cohort of creators to grow with us. Covering DeFi? Filming videos? Everything yield? We need you! Special rewards for creators, apply below 👇