Hylo – Early Access Opportunity

Hylo is a DeFi project on Solana, inspired by Ethena, but with its own approach. It recently won the Colosseum Hackathon, and is still in private beta.

🔹 Why It’s Interesting
	•	Followed by major Solana devs and VCs (e.g., Solana Ventures).
	•	Early-stage: <2000 wallets, ~$1M TVL.
	•	Raised just $1.75M so far: CryptoRank

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🔸 What Is Hylo?

A DeFi platform using two main tokens:
	•	hyUSD – Overcollateralized stablecoin backed by SOL.
	•	Stake to earn shyUSD with 10% APY.
	•	xSOL – Leveraged SOL (≈2.7x) for boosted returns.
	•	Price adjusts based on collateral pool and hyUSD supply.

Hylo works without centralized intermediaries and features automated risk management and slippage-free liquidity.

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🔸 How to Join
	1.	Visit https://hylo.so/
	2.	Connect wallet → enter code: N863LM
	3.	Swap SOL/USDC → hyUSD
	4.	Go to Earn → stake hyUSD
	•	~97% goes to hyUSD, ~2–3% into xSOL
	5.	Earn 10% APY + early user points (Season 0)
⚠️ DYOR