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YieldNest announces Token Generation Event (TGE) and launch of YND Governance Token

  • YieldNest is set to conduct its Token Generation Event (TGE) on June 3, 2025, introducing its YND governance token for community participation and protocol governance.
  • YND holders will have voting rights on protocol decisions, incentive distribution, and governance model. The community-driven airdrop will allocate approximately 40% of incentives to early supporters and active DeFi users.
  • The governance structure will be managed using Aragon’s infrastructure, providing a user-friendly platform for creating proposals and voting. YND holders can stake tokens for governance power and revenue access through veYND or participate in voting through Stake DAO’s Liquid Locker system.
  • YieldNest's holistic approach includes MAX Liquid Restaking Tokens, such as ynETHx and ynBNBx, aiming to offer optimized DeFi yield while minimizing risks. Future plans involve the release of stablecoin and Bitcoin-based LRTs, expansion of Liquid Lockers, and the introduction of Real-World Asset-based MAX LRTs for stable, risk-adjusted returns.

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