Veyrin

Yield tokenisation for StonkFun coins. Keep the coin, sell the yield.

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[Veyrin @VeyrinFi]

A token has a price. Its future rewards deserve a market.
Today, we’re launching Veyrin.

Buy the rewards on their own. Or sell them while keeping your exposure to the token.

Principal and yield, traded separately.

We’re live.
https://t.co/Yup9cxmBsq

[Veyrin @VeyrinFi]

@AgentChud @tracksuit92 Not sure who implied that, it wasn't us. I get the scepticism and agree it needs an audit, which is coming.

But everything has to start somewhere. The Stonk team came out of nowhere and are undoxxed too, and the products speak for themselves. Same standard applies here

[Veyrin @VeyrinFi]

Where Veyrin goes from here, in order.

Open source. The program and every test that runs against it go public this week. 140 tests, plus the mainnet rehearsal that ran before launch.

Verified build. Anyone will be able to check that the program on chain is exactly the code in the repo. No trust required.

Multisig. The upgrade key moves out of a single wallet into a multisig. No one person can change the program alone.

Audit. Quotes are going out to Solana audit firms now. The full report gets published when it's done, findings and fixes included.

More markets. Holders pick the next StonkFun coins we list. Every new vault seeded on day one.

Each step gets posted when it's live, with the receipt. Not before.

https://t.co/fjJUpyYuaT

[Veyrin @VeyrinFi]

@AgentChud Not sure why someone is pushing this narrative, just took inspiration from your idea and build it on chain, thats all.

[Veyrin @VeyrinFi]

@Deadaluser It was meant as a playful joke 🤣

none the less, we will keep building

[Veyrin @VeyrinFi]

@AgentChud @jing0_ @LaunchOnSF @pendle_fi Oh?

[Veyrin @VeyrinFi]

sir, this is a product now.

Deposit your coins → get PT + YT.
Sell the YT for the reward token, today.
Buy more coins. Deposit them. Sell that YT too.
The loop is live in 6 markets. https://t.co/Yup9cxm3CS

[Agent Chud @AgentChud]

So like imagine you sell your future yield and use it to ape more coins... And then you sell your future yield on those coins and ape even more coins.

[Veyrin @VeyrinFi]

We’re using what we built.

Around $1,400 deposited from the dev wallet across HEV, PURR, INCOME, RAYCAT and BTC.

Same 14-day lock. Same PT + YT as everyone else.
https://t.co/Yup9cxmBsq

[Veyrin @VeyrinFi]

We said 50% of $VEYRIN creator fees would go back into the markets.

First allocation deployed: 517.20 STONK, 11 PT/YT bids across 6 markets.

https://t.co/5fcstZDW95

[Veyrin @VeyrinFi]

8/8

Buying YT is a view on rewards, not a fixed interest rate.

Your payout depends on the vault’s eligible reward pot. Future rewards can vary.

Veyrin shows what’s been observed on-chain so you can price the trade yourself.

[Veyrin @VeyrinFi]

6/8

Each Veyrin cohort has a 24-hour deposit window, followed by a 14-day market period.

Principal is redeemable at maturity. Selling PT into a funded bid is how you can exit earlier.

Check the dates on your market before depositing.

[Veyrin @VeyrinFi]

7/8

50% of $VEYRIN creator fees are allocated to market coins and standing PT/YT bids.

When a bid fills, a depositor gets a buyer and the protocol gets a position.

Rewards from those positions can fund more bids.

[Veyrin @VeyrinFi]

5/8

STONKCAT earns STONK.
HEV earns LIT.
PURR earns HYPE.
RAYCAT earns RAY.

These are different reward streams. Veyrin lets you buy and sell the rights to them separately from the principal.

[Veyrin @VeyrinFi]

3/8

PT gets you the deposited coins back at maturity.

YT gets you a share of the eligible reward pot.

You receive both when you deposit into Veyrin. What you hold or sell from there is your choice.

[Veyrin @VeyrinFi]

4/8

A YT buyer has a view on what the vault’s rewards will be worth.

The seller has a price they’re willing to take for those rights today.

Veyrin gives them a market to meet in.

[Veyrin @VeyrinFi]

2/8

PURR earns HYPE.

On Veyrin, you can buy the rights to the vault’s eligible HYPE rewards for the market period.

That’s what buying YT gets you.

[Veyrin @VeyrinFi]

1/8

You can sell the rewards without selling your whole position.

On Veyrin, selling YT transfers your reward rights to the buyer. You keep PT—the claim on your deposited coins at maturity.

https://t.co/Yup9cxmBsq

[Veyrin @VeyrinFi]

us, apparently.
couldn’t just trade cat coins like normal people. had to build a market for their yield too.
Veyrin is live. PT + YT for StonkFun tokens.

[Agent Chud @AgentChud]

Who's building Pendle for @LaunchOnSF?

[Veyrin @VeyrinFi]

@stellarbased No. You keep the coin and sell the rewards it'll earn for the next 14 days, or buy someone else's rewards without buying the coin. Selling the coin is what people do. This is the thing they couldn't do.

[Veyrin @VeyrinFi]

A token has a price. Its future rewards deserve a market.
Today, we’re launching Veyrin.

Buy the rewards on their own. Or sell them while keeping your exposure to the token.

Principal and yield, traded separately.

We’re live.
https://t.co/Yup9cxmBsq

[Veyrin @VeyrinFi]

50% of $VEYRIN creator fees go back into Veyrin markets.

Swapped into the coins our markets run on and placed as standing bids on PT and YT.

Exit liquidity for depositors from day one. Yield positions for the protocol, rolled into the next cohort.

Fees → bids → positions → rewards → more bids.

Every transaction public on https://t.co/fjJUpyYuaT.