YieldNest
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YieldNest is a next-generation liquid restaking protocol that provides simple-to-understand, risk-adjusted restaking strategies.
Its mission is to abstract away the complexities of restaking by building a one-stop-shop, easy-to-understand nLRT and LRT-based products with superior risk-adjusted returns.
YieldNest envisions a thriving and ever-expanding multi-sided restaking market across various verticals. It aims to establish a long-term symbiotic relationship among restakers, node operators, and Actively Validated Services (AVS).
ynRWAx redemption/maturity cycle announced
YieldNest announced the fixed-term ynRWAx product would mature, with a 2026 redemption cycle (submissions 1–20 October 2026, USDC claims from 20 November 2026) returning all positions to USDC.
ynETH sunset announced (deposits disabled)
YieldNest announced it was fully sunsetting its first product, ynETH: deposits were disabled while withdrawals remained open with no deadline, with ynETHx positioned as its successor.
ynRWAx real-world asset vault launch
YieldNest launched ynRWAx, a real-world asset (RWA) MAX vault delivering daily, auto-compounded yield on USDC from curated real-world credit strategies.
YND governance token Token Generation Event (TGE)
YieldNest held its TGE, launching the YND governance token and enabling eligible users to claim airdrop allocations, marking the protocol's transition toward decentralized governance.
ynLSDe liquid staking derivatives token launch
YieldNest launched ynLSDe, a liquid restaking token (LRT) representing Liquid Staking Derivatives, letting holders of staked ETH from Lido, FRAX, Origin Protocol, and Mantle earn additional AVS restaking yield.
ynETH mainnet launch
YieldNest officially launched its native liquid restaking token (nLRT) ynETH on Ethereum mainnet, allowing ETH holders to restake into EigenLayer and earn base-layer plus restaking rewards.
YieldNest raises $5.2M in contribution round
YieldNest announced the successful closure of its contribution round, raising $5.2 million from investors including Faculty and Backed to fund its liquid restaking protocol and first product, ynETH.