Solyard Finance is a leveraged yield farming platform built on Solana. It’s designed to help users generate steadier yields, while also providing undercollateralized loans for leveraged yield farming positions-allowing farmers to scale their principals and potentially increase overall profits.‌

Serving as a key layer for the broader DeFi ecosystem, Solyard boosts liquidity for connected exchange platforms by linking LP borrowers with lenders, improving capital efficiency. By performing this role, Solyard has grown into an important foundation for DeFi, extending financial capabilities to more people.

SolYard offers yield-boosting strategies for your Solana crypto holdings. Community is prioritized, and holders of YARD can take part in governance by creating or reviewing proposals. 

Yield Optimization Strategies with SolYard

SolYard automatically compounds Solana SPL crypto assets, increasing returns inside the underlying vaults and liquidity pools on Raydium or Serum AMMs. For each supported asset, it selects the most suitable pool and improves yields via its smart contracts and auto-compounding. This approach is meant for users who don’t need deep DeFi knowledge, since SolYard handles yield optimization for passive income.

SolYard heavily depends on Raydium Dex, where your assets are placed into its liquidity pools, because Raydium is described as the largest AMM & Dex on Solana. The project is working to develop new strategies and introduce additional vaults, so updates are expected over time. It also states it will support more AMM and Dex platforms.

What is the reason for the launch of Solyard?

Solyard aims to build a platform for automatically compounding interest investments. Users can take part in the benefits of automated compound interest regardless of how large their capital is. Solyard’s objective is to grow the DeFi ecosystem on Solana, provide users with a range of automatic compound interest strategies, and lessen capital risk while maximizing returns.

How does Solyard Farm work?

At present, most of Solyard’s farms run through raydium. In practice, Solyard Farm has permission via smart contracts that can carry out automatic compound interest actions on behalf of users. Solyard is a DeFi solution on Solana that aggregates loans and automatically generates profits. It uses an open community operating model, where Solyard holders can join proposals and governance for the platform.

Governance

The Solyard ecosystem is governed by YARD holders, who vote to decide on all proposals. If a proposal meets quorum (30% of YARD’s circulation) and receives enough support, it can be carried out using smart contracts. To help protect users’ assets, Solyard applies contract changes through a time-locked contract-after the new contract is submitted, it won’t become effective until 24 hours later.