With a unique branding choice of all lowercase, marginfi sets its sights on evolving into a comprehensive suite of smart contracts. The goal? To establish a DeFi prime brokerage that simplifies peer-to-peer lending and portfolio management across various blockchains. Users can conveniently access marginfi through a desktop browser or by installing it as a Progressive Web App (PWA) on their mobile devices.
The platform’s flagship product, mrgnlend, has gained popularity as an overcollateralized money market protocol. It empowers anyone to lend or borrow assets on the Solana blockchain. In a significant expansion move in September, marginfi broadened its product range with the launch of LST. This SOL liquid staking token, with a 0% commission, offers depositors attractive yields derived from network rewards and Miner Extractable Value (MEV) extraction.
They have published tokenomics on their $YBX token, which will almost certainly be what users get airdropped.
We think it wise to start collecting their points as soon as possible and get ahead before any official announcement of an airdrop is broadcast.
