ONyc Unlocks Real-World Yield and Collateral Utility in Solana DeFi as it goes live on Kamino

OnRe’s Onchain Yield Coin (ONyc) has gone live on Kamino, Solana’s largest DeFi money market. ONyc is also now accepted as collateral within Solana’s DeFi ecosystem, thus enabling the integration of real-world yield sources into DeFi applications. This marks the first time reinsurance-backed yield is being used as on-chain collateral in Solana DeFi, opening access […]