According to Odaily, Marginfi, a lending protocol in the Solana ecosystem, has announced that its stablecoin product YBX, which offers native returns, is in the final stages of preparation for launch. The related code has been audited and is ready for deployment. In addition to this, Marginfi also plans to introduce a new product, mrgnswap, in 2024, which will focus on the stablecoin exchange sector.
The announcement was made on platform X, where Marginfi shared its upcoming plans. The launch of YBX is expected to enhance the stablecoin market by offering native returns to its users. The auditing of the related code ensures that the product is secure and ready for use.
The introduction of mrgnswap in 2024 indicates Marginfi's commitment to expanding its product range and focusing on the stablecoin exchange sector. This new product is expected to bring more diversity and options for users in the stablecoin market. Further details about the product are yet to be released.