YieldNest and Solv Protocol Partner to Launch Bitcoin Restaking
YieldNest and Solv Protocol Partner to Launch Bitcoin Restaking
🤝 Bitcoin Gets a New Job
YieldNest has announced a strategic partnership with Solv Protocol to introduce Bitcoin restaking capabilities. The collaboration aims to transform BTC from a pure store of value into a yield-generating asset through their upcoming product ynBTCk.
This development follows Michael Saylor's recent Bitcoin presentation at Microsoft's boardroom, where he positioned BTC as a reserve asset. The new initiative promises to take this concept further by enabling active yield generation for Bitcoin holders.
- Partnership focuses on Bitcoin restaking functionality
- New product ynBTCk announced
- Aims to add yield-generating capabilities to BTC
- Builds on Bitcoin's traditional store of value proposition
YieldNest Launches ASTER Token Airdrop for ynBNBx Users
**YieldNest has activated the $ASTER token airdrop** for ynBNBx users, marking another reward distribution following their previous $YND airdrop. **Key details:** - Eligible users can claim $ASTER tokens through the official portal - The airdrop specifically targets ynBNBx holders - Claims are processed via [YieldNest's platform](https://app.yieldnest.finance/claim-aster) **Previous context:** This follows YieldNest's $YND airdrop earlier this year, which rewarded stakers with tokens based on their staking activity. *Check your eligibility and claim your tokens before the window closes.*
🏦 ynRWAx Vault Ready
YieldNest's **$ynRWAx** token is launching soon with its infrastructure now complete. Key developments: - Architecture fully deployed - Initial vault seeded and operational - **Deposit cap reached** indicating strong demand The token promises *real yield backed by real-world assets* delivered on-chain. This represents YieldNest's expansion beyond traditional restaking into RWA-backed products. Users can check the vault status at [app.yieldnest.finance](https://app.yieldnest.finance/token/ynRWAx).
Epoch 6 Gauge Voting Now Live for YieldNest DAO
**Epoch 6 Gauge Voting** is now active, determining $YND incentives distribution. Voting options: - Use veYND via [YieldNest DAO](https://dao.yieldnest.finance/gauges) - Use sdYND-gauge via [StakeDAO](https://stakedao.org/governance) Key voting details: - Split votes across multiple gauges or allocate 100% - Voting directly influences YND emissions - Deadline: **Aug 6th 23:00 UTC** Rewards will be distributed based on final voting weights. Support available via Discord for voting assistance. *Your participation shapes yield distribution.*
YieldNest Prepares to Launch ynRWAx: Real-World Assets Meet DeFi
YieldNest is launching ynRWAx, a new MAX LRT (Liquid Restaking Token) that bridges real-world assets with DeFi infrastructure. Key features: - Integration of real estate and loans into MAX LRT architecture - Auto-compounded returns with 24/7 AI security monitoring - Full transparency and enhanced liquidity for real estate assets The platform aims to combine the stability of tangible assets with DeFi's accessibility and efficiency. This marks a significant development in bringing traditional assets onto the blockchain. Launch date to be announced.
YieldNest Introduces ynUSDx for Yield-Generating Stablecoins
YieldNest has launched ynUSDx, a new solution for stablecoin holders seeking yield opportunities. The product offers: - One-click access to top DeFi vault yields - Full composability with other DeFi protocols - Maintained stability while generating returns Users can now transform idle stablecoins into yield-generating assets through [YieldNest's platform](https://app.yieldnest.finance/token/ynUSDx). This solution addresses the opportunity cost of holding non-yielding stablecoins in your portfolio.