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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The results of this latest @SuperteamEarn listing are out. Congratulations to the winners👏 https://superteam.fun/earn/listing/build-earn-yield-on-backyard-finance/winner
you did understand it right 🌱
Do not forget to join the whitelist 👀
Backyard x Flash Trade 🌱 @FlashTrade FLP.1 $USDC vaults are now live on Backyard Finance! Provide liquidity to one of @Solana’s leading perp exchanges and earn up to 25% APY🔥 on stablecoins, right inside your yield strategy on Backyard.
Do not forget to join the whitelist 👀
Hello farmer! Stablecoin yield has been broken for too long Fragmented protocols. Poor UX. APY roulette. @backyard_fi building something better - create & manage your stablecoin yield strategy,…