$YLD | @yld_fun

The main coin for Agentic Protocols on Solana is sitting under $2.5M mcap.

Their first strategy run by agents already increased the efficiency of Solana’s USDC lending yields by 60%+, and they just released a new vault for SOL.

That's just a small fraction of all the yield opportunities they could optimize on SOL.

I can think of:

- Actively rebalancing LPs on Raydium

- Farming funding rates on Drift

- Running basis trades

- Building delta-neutral strategies with JLP

The bigger picture is that they're not just building yield vaults but infra.

Anyone with a working yield strategy will be able to package it and boost its efficiency via agents and offer it publicly.

If they execute well (they are), $YLD has a real shot at capturing a share of the billions in TVL farming yield on Solana.

And they have no direct competitor on the chain.

Many people have shifted to Base after the PF ICO announcement, but $YLD has remained strong.

Also think they made a smart move launching on @believeapp.

$YLD is probably one of the most interesting projects that has launched there in the last weeks.

I think they made the right decision because:

(1) $LAUNCHCOIN has been regaining strength despite the Base rotation.

That could attract attention back to their eco.

(2) $YLD generated $52.6K in creator fees in just 10 days.

The fees will now go back into growing the team + funding incentives for the next vault.

That was the original idea behind @believeap, using creator fees to boost growth.

I wouldn't be surprised if they receive the support of @believeapp, for instance getting verified as one of the legit builders on their platform.