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 worst feeling in DeFi is finding out about something a week too late 🔴 Spoiler: the Backyard waitlist has been open for months, and you still have time to join. Waitlist members will be among the first to get Season 0 access... So, why are you still reading? 👇
The worst feeling in DeFi is finding out about something a week too late 🔴 Spoiler: the Backyard waitlist has been open for months, and you still have time to join. Waitlist members will be among the first to get Season 0 access... So, why are you still reading? 👇
solana yield.
🚨 LEAK According to our internal database, we will introduce a 7 tier badge system in Season 0. What could this mean? (follow for more leaks by intern, until I’m fired)
