6h ago
A new wave of @hylo_so assets are now live on Loopscale. xSOL: Leveraged SOL without liquidation risk. hyUSD: Hylo's native, decentralized stablecoin. sHYUSD: Staked, yield-bearing hyUSD. Borrow, Lend, and Loop. Earn multiplied Hylo XP on them all. Full details in the thread↓
@solana Four new Loops are now available for Hylo assets, enabling leveraged yield or leveraged directional exposure: Yield: • sHYUSD / hyUSD • sHYUSD / USDC Directional: • xSOL / SOL • SOL / xSOL Looped Hylo assets earn multiplied XP: 25x for xSOL and 2x for sHYUSD.
Two new Vaults are live. Lend your Hylo assets and earn yield plus multiplied Hylo XP: hyUSD ONE: • 8x Hylo XP • Capped at $2.5M. xSOL ONE: • 25x Hylo XP • Uncapped.
Borrow using your Hylo assets as collateral: • Borrow xSOL off SOL, hyloSOL, jitoSOL, and INF • Borrow SOL off xSOL • Borrow USDC off sHYUSD Earn multiplied Hylo XP on xSOL (25x) and sHYUSD (2x) when you use these assets as collateral for borrowing.
16.79K
80
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.