Sebastian Solano | Mad 📡

@Futargamy what if…

Ethena making a push onto Solana got me thinking about yield-bearing stablecoins again. I say again because they’ve been around in various forms since the early days of Solana. Solend, Tulip and Goblin Gold were tokenizing USDC and USDT lending positions with wrapped tokens that accrued value as interest racked up, Soluna tokenized UST positions that were bridged and deposited on Anchor, Friktion was even tokenizing cash secured put vault positions all the way back in 2022 (you had to be an S tier degen to consider that a “yield-bearing stable”…but we were.) More recently, products like syrupUSDC, BUIDL and CRT have iterated on those early primitives to offer different, generally higher-quality or higher-yield variations of the yield-bearing stablecoin to Solana. All of them are interesting in their own right but all seem to suffer the same fate: limited adoption. There are many reasons for this but maybe the most obvious is that - for the most part - yield-bearing stablecoins just kind of exist. They’re not really viable as a quote token or as a borrowable asset if their yield makes them no longer worth $1 and they’re not really composable if they require you to stake the token to earn yield. So they tend to just sit there. There’s nothing inherently wrong with that - passive income is cool no matter how you slice it - but if your yield-bearing stablecoin is not being used in the real economy, it’s barely a stablecoin at all. It’s just another vanilla investment vehicle, not capable of exploiting the advantages that stablecoins offer over traditional financial rails. So yield-bearing stablecoins tend to languish in a state of DeFi purgatory. They’re not bad; they’re just not good enough. On the other side of the yield-bearing stablecoin equation, there has been an almost infinite number of undifferentiated $1 stablecoins that have turned into de facto yield-bearing stablecoins as they tried to buy their way into mainstream acceptance. They sparkle. They fade as the yield dries up. They die off as the mercenary capital moves on to the next thing. But what if there was a new yield-bearing stablecoin that maintained its $1 peg and could be used to buy and sell, borrow, lend, long, short, market-make or passively LP all across Solana DeFi just like USDC or USDT but streamed sustainable USD yield directly to your wallet without staking, liquidity mining incentives or an uncomfortable reliance on gauge voting? That’s the coin I’d want to own.

@bigshaan Accelerate Solana DEPIN expansion.

should be launch fractal icos at all these sites? light speed

@helium_mobile @helium Bora Brasil, conectividade descentralizada.

Helium Mobile coverage comes from our nationwide 5G partner and, crucially, the people-built Helium Network. That network? Headed for Brazil. 🇧🇷 Bora, @helium! 🔥

Solana

@SergeantSol_ I trust you bro, I know you can make it. Let me know if you need me to drop off a sleeping bag and snacks.

Lining up 4+ days ahead of time for a plastic pocket watch is crazy work

@MeijeSibbel @GEODNET @akashnet @openclaw Awesome project Meije!

Working on a new project called PPKflow ppkflow.com that simplifies Geotagging drone imagery using @GEODNET stations and computes photogrammetry data (maps) on @akashnet, both connected to @openclaw that can chat and learn what users need DePIN + AI

@beeman_nl @solanamobile Congrats @beeman_nl . Big win for Sol mobile team.

I see people noticing things 👀 All I'll say for now is: build for @solanamobile

@metaproph3t @JurassicFi Stoked to see permissionless community funding move onchain with stronger protections built in. MetaDAO is cooking.

JurrasicFi would be the biggest raise completed on the permissionless platform 72% filled in 3 hours

@fractalsfi 🎈🎈🎈

The ticker is solana:hntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux More Shards soon. 🎈

@adityashetts Light work for Solana degens, we’ve clicked through worse for airdrops 😂

there's no way 130 people from the solana ecosystem will create a product hunt account, verify their github and then upvote pay.sh -- all in in the next 2 hours it's just not possible

@HaLoWaveNetwork 802.11 👀

The HaLoWave Wi-Fi Router of First Batch is sold out! 🌊 Thanks to everyone who wants to have HaLoWave Network connectivity right away, but you still have time to buy the HaLoWave Miner at the lowest possible price and with the biggest Airdrop bonus ✅ Shop: shop.halowave.io Don't miss this chance, shipping will take place in a few weeks on May 2026, after which the price will increase and shipping will also take a little longer. Join HaLoWave: halowave.io #DePIN #HaLoWave #Miner #WiFi #Router #HaLow #Solana

@sptucha @solomon_labs SoloMog

Miami, @solomon_labs will be in you. Next week.

$XNET Spotlight - Ferg’s, Florida USA Today’s #1 sports bar in the country powered by XNET 200+ GB offloaded in a single night

@USDC No Solana?

Introducing the USDC Bridge. A direct way to move USDC crosschain. Built and operated by Circle, USDC Bridge gives you a predictable, transparent way to move USDC between chains: → Native burn-and-mint transfers → Clear fees upfront, with live status and progress → No route selection. No bridge complexity. → Destination gas handled automatically Move USDC. That’s it. bridge.usdc.com

@derekneutral 100%

Is $USDT going to $2 today

Current @incubator cohort is 🔥🔥🔥 Met the founders of: @CoralOS_ai @fractalsfi @TradeNeutral @solomon_labs @SpoutFi Future of Solana is in great hands

@wingbits Awesome off grid deployment.

Super cool! Always exciting to see the creative ways our community sets up the devices. 🚀

@XNET_Mobile Send it

Yesterday was a record day for $XNET 7,916GB offloaded in 24 hours

@SolanaSkyline 🗽 Thankful for another day working with views like this at Skyline.