Backyard Finance Unifies Solana Yield Vaults and Adds Liquidity Layer

Backyard Finance is streamlining the process of earning stablecoin yield on Solana by bringing different protocols and vaults into one place.

The platform allows users to browse supported Solana yield vaults, combine them into a custom strategy, and manage positions from one dashboard.

Users can choose supported vaults, set a custom USDC allocation, and create a diversified strategy across multiple Solana protocols, including Kamino, Perena, Jupiter, Manifest, Meteora, and Flash.

The protocol also adds a liquidity layer through Strategy LP tokens. After creating a strategy, users receive Strategy LP tokens, which can be used as collateral to borrow Backyard Dollar, also known as BYD.