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Solstice Labs will launch the yield-bearing synthetic stablecoin USX on Solana this summer.

Solstice Labs announced the launch of the yield-generating synthetic stablecoin USX and the native staking protocol on the Solana Blockchain, aimed at providing users with yield opportunities traditionally exclusive to institutions in DeFi. USX achieves delta-neutral returns through arbitrage and staking strategies, fully collateralized by USDT and USDC to maintain its peg, and holders can access the YieldVault protocol with a total lock-up position of $100 million.
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