Aethir and MetaStreet have launched Yield Pass on the Arbitrum blockchain to optimize liquidity, yield generation, and risk management for Aethir nodes.
Yield Pass offers new opportunities for tokenization of Aethir nodes, immediate liquidity, staking, reinvestment, and hedging of risks.
Yield Pass introduces two tradable assets: Yield Pass (YP) as an ERC-20 token representing future yield emissions, and Discount Pass (DP) as an ERC-721 token representing ownership of the node without future yield.
The partnership aims to integrate decentralized infrastructure with decentralized finance (DeFi) and tap into the potential of nodes as dynamic financial instruments.