Solana yield aggregator Ranger launches yield token rgUSD

GateNews

Foresight News on-site report, Solana yield aggregator Ranger Finance co-founder FA2 announced the launch of the yield token Ranger USD (rgUSD) at the Solana Breakpoint conference. The token aims to help stablecoin holders earn yields automatically, with a mechanism consisting of two parts: the base layer disperses deposits across major lending markets on Solana, while the enhancement layer operates a Delta neutral funding rate strategy. Foresight News previously reported that Ranger plans to conduct an RNGR token sale on MetaDAO.

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