Today, let's explore something fascinating happening in DeFi -- the growth of yieldcoins.
Imagine if your coins were instead assets that could earn interest just sitting in your wallet. Not in a lending pool, not staked -- just earning yield automatically 🤯
This is what @OndoFinance built with their tokenized US treasuries product, creating an SPL token backed by US Treasuries that reflects their yield in its price.
Simple as holding = earning.
Why is this interesting? Because it removes the traditional tradeoff between earning yield and actually using your assets.
With $100M+ issued on Solana, Ondo RWAs are used broadly in the ecosystem:
- Traders using tokenized US Treasuries as collateral on Drift
- LPs deploying them on Orca
- Merchants accepting them as payment via Helio/Sphere
This is what mass adoption looks like -- real world assets from tradfi, made accessible.
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