Yield Expands to Solana With yoSOL Vault for Automated SOL Yield

The new vault is designed to automate diversified yield generation on Solana and is currently offering about 7.72% APY with compounded rewards.

SOL

Summary

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Terms & Concepts
  • APY: Annual percentage yield, a rate that reflects returns over a year including the effect of compounding.
  • Vault: A crypto investment product that automatically deploys deposited tokens into strategies designed to generate yield.
  • Compounded rewards: Earnings that are periodically reinvested so future returns are generated on both the original deposit and prior rewards.