Last week, we came up with two novel innovations that significantly improve YieldBlox. We could not be more excited to introduce them in this article! Protocol Owned Debt — Default Protection Perfected First, let’s cover protocol owned debt, a unique system that drastically reduces YieldBlox’s risk and liquidity requirements! In short, it lets YieldBlox lending pools borrow…

It’s Sprout’s world — we’re all just living in it — The Script3 team is a huge proponent of the Stellar ecosystem and its mission; however, we still realize it has its fair share of challenges. Mainly a lack of capital efficiency and weak incentive structures. Our goals for YieldBlox include tackling these challenges. …

The YieldBlox testnet beta just ended, and wow — what a ride! Our community was extremely involved throughout the beta. Altogether, they managed to farm over 472,000 YBX using a variety of strategies. The beta was also very insightful for our team: we plan to make a few changes to…

Platform tokens are a key innovation of the DeFi ecosystem and have powered much of its growth. The flexibility of their tokenomics models has enabled protocols to use platform tokens for a huge number of purposes, such as creating liquidity (Curve), incentivizing usage (Sushi), providing insurance (Maker), and of course…

Details on the airdrop of YBX, YieldBlox’s platform token! — Update #1 (9/20/21) We’ve received an incredible amount of interest in the YBX airdrop which is amazing! However, due to this interest we’ve had to change the rules slightly to ensure the airdrop is fair for our community and manageable for us. Change to the community airdrop: If you’re in our Discord or Keybase channel you’ll already be…

Introduction In May of 2020, Tyler van der Hoeven wrote a proposal for an experimental Stellar ecosystem smart contract engine called TSS (Turing Signing Servers). At Script3, we had been looking into building DeFi (Decentralized Finance) protocols on Stellar for a while, so we immediately got involved with the project. …

This blog post covers some of our protocol design choices that maximize YieldBlox’s capital efficiency. Capital efficiency is crucial to any DeFi protocol as it’s directly related to the value the protocol creates. …

We want to touch on why we chose to build our DeFi protocols on Stellar. As a base network, Stellar excels in network efficiency, capital efficiency, asset flexibility, and decentralized consensus (this last point seems obvious, but we’ll expand on it more later). On top of all that, Stellar’s layer…

Stellar Seed Fund Finals We’re proud to announce that OptionBlox/YieldBlox have made it into the finals of the Stellar Seed Fund! This means we’ll now be competing with 7 other businesses building on Stellar to receive a portion of the Seed Fund Pool. You can view our Seed Fund Submission here: https://communityfund.stellar.org/seed-fund#/entry/1e354b3b328209c85dc1d978cb1ea527d5df60dc04d8ae794f04517bea01d852