Backyard Finance
p/backyard-finance
Stablecoin yield infrastructure
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Backyard Finance - Stablecoin yield infrastructure

Backyard lets users build stablecoin yield strategies across multiple vaults and mint a liquid stablecoin (Backyard Dollar) against Strategy LP tokens, solving yield inefficiency and fragmentation in DeFi. All of it is wrapped in a ve(3,3) economy that boosts user APY through a decay-based emissions model, driving deeper liquidity to underlying protocols.