DeFi
Solana Liquidity War: Massive APY Boosts Incoming
Word is the major Solana lending protocols are about to announce a coordinated incentive program to suck liquidity out of L2s. My guys in the dev chats are saying we’re looking at triple-digit APYs on
Word is the major Solana lending protocols are about to announce a coordinated incentive program to suck liquidity out of L2s. My guys in the dev chats are saying we’re looking at triple-digit APYs on stables starting next Tuesday. It’s a literal liquidity war. If you’ve got bags sitting idle on Base or Arbitrum, you might want to get your bridge ready. The rotation is going to be violent.