ONyc Launches On Kamino, Unlocking Real-World Yield And Collateral Utility In Solana DeFi

This story was originally published on HackerNoon at: https://hackernoon.com/onyc-launches-on-kamino-unlocking-real-world-yield-and-collateral-utility-in-solana-defi . This development enables the integration of real-world yield sources into DeFi applications. Incentive programs from USDG and Ethena have launched to reduce bor Check more stories related to web3 at: https://hackernoon.com/c/web3 . You can also check exclusive content about #web3 , #chainwire , #press-release , #solana-blockchain , #stablecoin , #crypto-yields , #blockchain-development , #good-company , and more. This story was written by: @chainwire . Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com . OnRe's yield-bearing asset, ONyc, is now accepted as collateral within Solana's decentralized finance (DeFi) ecosystem. This development enables the integration of real-world yield sources into DeFi applications. Incentive programs from USDG and Ethena have launched to reduce borrowing costs and enhance yield opportunities.