Permissionless III Agenda Just Dropped

Hylo (still pre-TGE) is a novel protocol on Solana, combining financial engineering with a fully onchain collateral model that channels SOL’s staking yield into an attractive, yield-bearing stablecoin. Despite a lean four-person team, Hylo has demonstrated strong execution, growing to almost $100M in TVL in a relatively short period. Given the ongoing points program, deploying hyUSD and sHYUSD across Solana DeFi protocols offers attractive yields and potential upside from an eventual airdrop or ICO allocation, which can improve the risk/reward for investors who are comfortable with the protocol’s design.