NX Finance: Innovation in the DeFi yield layer of the Solana ecosystem

Yield Aggregator in the Solana Ecosystem: NX Finance

The Solana ecosystem has recently shown a vigorous growth trend. With a significant increase in on-chain funds, the demand for stable DeFi yields has also risen. Currently, DeFi yields on Solana are mainly concentrated on interest-bearing assets of single products, such as LST assets and on-chain perpetual contract trading pools.

At the same time, many DeFi projects use point-based airdrops to incentivize user participation. However, different users have varying demands and risk preferences regarding the benefits inherent in the points based on their own circumstances. In this case, a yield layer that can redistribute asset returns and risks becomes increasingly important.

NX Finance was born to become the yield layer of the Solana DeFi ecosystem. It offers two core strategies: the Fulcrum strategy and the Gold Mining strategy.

NX Finance: Beyond the Simple Holding and Earning Asset Model, the Yield Layer of the Solana DeFi Ecosystem

Fulcrum Strategy: Leveraging Yield-Generating Assets

The Fulcrum strategy allows users to maximize the returns on yield-generating assets through leverage. Borrowers can collateralize yield-generating assets to borrow stablecoins to purchase more assets, thereby achieving leveraged returns. The currently launched JLP asset pool is an example, where borrowers can collateralize JLP to borrow USDC to buy more JLP. In the future, more yield-generating assets, such as FlashTrade's FLP, will also be integrated.

NX Finance: Beyond the simple holding interest-bearing asset model, the yield layer of the Solana DeFi ecosystem

Gold Mining Strategy: Airdrop Points Earnings Split

This strategy targets the popular points-based airdrop model on Solana. It allows users to divide the returns from airdrop points based on their risk preferences. Borrowers can participate in airdrop activities of target protocols by collateralizing assets and borrowing funds, while lenders can earn stable borrowing interest.

NX Finance: Beyond the simple holding interest-bearing asset model, the yield layer of the Solana DeFi ecosystem

NX Finance's Contribution to the Solana DeFi Ecosystem

  1. Seamless integration of yield-bearing assets: NX Finance allows users to adjust leverage ratios to reallocate risk on a single asset.

  2. Risk redistribution of point airdrops: Through innovative airdrop strategies, NX Finance provides flexible options for users with different risk preferences.

Future Development

NX Finance plans to expand its asset pool in the future to provide users with a more diverse range of yield options. At the same time, its airdrop season began on July 1, covering several aspects such as total locked volume points, referral system, and team gains.

With the continuous development of the Solana DeFi ecosystem, NX Finance is expected to become a key component, providing users with diversified yield products while balancing risks and promoting the entire ecosystem towards a more mature direction.

NX Finance: Beyond Simple Holding of Interest-Bearing Assets Model, Yield Layer of Solana DeFi Ecosystem

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WhaleMistakervip
· 18h ago
The returns are quite impressive.
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HashRatePhilosophervip
· 18h ago
The multi-tiered returns are good.
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ApyWhisperervip
· 18h ago
The serious profits have finally arrived.
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SigmaValidatorvip
· 18h ago
The incentive model is too basic.
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GateUser-c799715cvip
· 18h ago
Airdrop has arrived, roll it up.
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FOMOSapienvip
· 18h ago
Future earnings bull run
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GasFeeCryingvip
· 19h ago
Another one to Be Played for Suckers.
View OriginalReply0
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