is @hylo_so the most underrated project on Solana? 👀
solana:4sWNB8zGWHkh6UnmwiEtzNxL4XrN7uK9tosbESbJFfVs 📈
> 2x to 4x SOL leverage, auto adjusts based on SOL price
> liquidation resistant
> composable across solana DeFi
> one of the largest products on solana by SOL open interest
solana:5YMkXAYccHSGnHn9nob9xEvv6Pvka9DZWH7nTbotTu9E 💵
> highest yielding stablecoin on Solana double digit APY from LSTs
> backed by real onchain staking yield (stake it for even higher returns + points farming)
> most importantly, DECENTRALIZED
heard July is a BIG MONTH for Hylo.
a revolution is coming for solana DeFi 👀
everything you need to know about Solana Summit Serbia
> by @SuperteamBLKN, 26–27 aug at Sava Congress Center, Belgrade
> 900+ confirmed attendees
> part of Belgrade Blockchain Week
> free tickets, advance registration required
why you should go:
> biggest dedicated Solana event in Europe this summer
> high-quality audience, real networking. direct access to capital, regulators, and partnerships
> demo day featuring 10 selected startups pitching live
> built for builders, founders, investors, and anyone serious about Solana
> multiple side events running all week
speakers confirmed so far:
> @Mert (Helius), @vidor_solflare (Solflare), @JosipVolarevic2 (Superteam), 10+ members of @SolanaFndn, government and regulatory leaders...
50+ speakers across builders, infrastructure, payments, DeFi, investors, regulators and government
biggest Solana event in Europe this summer. 👀
are you in? ⬇️
BTW, @hylo_so’s $hyUSD is the only truly decentralized stablecoin on @solana.
Simple TL;DR of how it works:
> You deposit LSTs (jitoSOL/hyloSOL) to mint hyUSD
> The collateral pool also backs xSOL, which absorbs SOL price swings to keep hyUSD at $1
> LSTs still earn staking yield
Probably the most overlooked DeFi product lately.
Proof of OG: this message was sent by me, before the Hackathon win ⚪️🟢🟣