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The decentralized protocol Injective launched the first liquidity mining derivative Solstice V2, the first to support Yearn.Finance Vault

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The first liquidity mining derivatives on Solstice V2 will be based on the Yearn Finance Vault

Rhythm BlockBeats news, on December 16, the decentralized protocol Injective announced the launch of the first liquidity mining derivative product Solstice V2. Through this product, users can earn on-chain income through 0 gas fees and fast operation methods. Early access users of Solstice V2 can participate as early as today.

The first liquidity mining derivative on Solstice V2 will be based on the Yearn.Finance Vault. This special derivative tool built by Injective will track the performance data of 1000 USDT in Yearn.Finance’s USDT3 pool, which means that any trader can now obtain the same income as liquidity mining participants in the USDT3 pool without actually Deploy funds or directly interface with the protocol itself.

This brings many obvious advantages, such as not needing to pay any Gas fees, because Injective's network is 0 Gas fee. The most Injective traders can now use leverage to participate in on-chain liquidity mining derivatives, further enhancing potential APY. Therefore, whether it is liquidity mining on Ethereum, Cosmos, BSC or Polkadot, users can easily interact with it on Injective through liquidity mining derivatives.