Real-World Yield Hits Solana DeFi: ONyc Launches on Kamino
OnRe’s ONyc, a yield-bearing asset backed by stablecoins, is now available on Kamino, Solana’s biggest DeFi money market. This is a big deal because it’s the first time reinsurance-backed yield is being used as collateral on Solana’s DeFi platform. What is ONyc and Why is it Important? ONyc lets users bring real-world yield into the…
