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Yield.xyz receives $5 million in financing, aggregates Solana ecosystem Decentralized Finance yield
PANews reported on June 25th that Decentralized Finance infrastructure company Yield.xyz has received a strategic funding of $5 million from a certain investment institution. The company, formerly known as the multichain Wallet Omni established in 2021, has transformed into a yield aggregation platform after being acquired by a certain company this year.
Yield.xyz integrates 200+ Solana ecosystem yield sources through a unified API, providing plug-and-play Decentralized Finance yield functionality for certain hardware Wallets and other Wallet and encryption applications. Future plans include expanding to new banks and other traditional financial technology companies, as well as developing automated yield strategies.
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200+ profit sources... there is substantial Arbitrage space, how much Depth is there?