ONyc Goes Live on Kamino: Supercharging Solana DeFi with Real-World Yield & Collateral Power

Solana's DeFi ecosystem just got a heavyweight contender. ONyc—the real-world asset yield protocol—has officially launched on Kamino, bringing institutional-grade collateral utility to decentralized finance.

Why it matters: This isn't just another farming token. ONyc's arrival signals Solana's maturation into a platform capable of bridging traditional finance yields with crypto-native liquidity.

The mechanics: By tokenizing real-world debt instruments as collateral, ONyc creates a two-way street—TradFi yields flow into DeFi while crypto assets gain utility beyond speculative trading (imagine that).

Cynic's corner: Wall Street's been 'about to adopt blockchain' since 2017. Maybe this time they'll actually show up—right after they finish their third martini lunch.

Bottom line: If ONyc delivers, Solana could become the first chain where your grandma's Treasury bonds and your degenerate cousin's leverage farming coexist peacefully. The future of finance? More like the Frankenstein of finance—and it's alive.