Some Alpha on Five Protocols on Solana (you're probably ignoring)
It's very hard to keep track with everything happening on Solana.
Solana has been the clear blockchain of choice as of late, especially if you compare the DEX volume with other blockchains.
So here 5 updates on 5 protocols on Solana:
1: Rainfi
RainFi is a borrow/lend platform on Solana. Their latest update features custom token and NFT loans. It's a tokenless project that may launch one. Right now you can farm droplets. You can check their website
2: Metaplex
Metaplex recently announced , a new standard for NFTs. Core allows for all key data to be stored on one account. This means: it is 87% cheaper to mint than pNFTs, dramatically less complex for developers and overall much lighter on the network.
3: Flexlend
Flexlend is lending aggregator, what that means is Flex checks different dApps for the best rates, and moves your funds automatically. In summary, Flexlend maximizes your lending rates. You can check their website
4: Adrastea Finance
Adrastea Finance is a Solana Native Protocol that focuses on developing complex yield strategies and making them accessible for the general user. They aim to enhance yield for users exposed to index volatility and offer high APY for stable coins. Their website didn't launch yet, the beta should be in 2 weeks, one of their product will be the first leveraged JLP x USDC yield strategy, however several others products are in the works to be rolled out throughout the rest of the year. They will launch on the Jupiter Launchpad.
5: GRASS
Grass is a network for selling that bandwidth to corporations & institutions, with a suite of applications that do this in the background of your phone or computer. The end result is passive income for selling a resource you didn't even know you had. It's a free extension that runs on the background. You can join
There's so much going on Solana, hopefully this article was helpful!
