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.