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Sei Top Protocol Yei Finance Launches Full-Chain Clearing and Execution Layer Product Clovis
Summary: According to official sources, Sei's top protocol Yei Finance has launched the full-chain clearing and execution layer product Clovis, with the first reserve fund reaching the deposit limit within 1 hour of going online. The next opening is scheduled to start on September 1st. Clovis aims to integrate fragmented liquidity between chains, building a unified ...
According to official sources, Sei's top protocol Yei Finance has launched the full-chain clearing and execution layer product Clovis, with the first reserve fund reaching the deposit limit within 1 hour of going online. The next opening is scheduled to start on September 1st. Clovis aims to integrate fragmented liquidity between chains, building a unified clearing and settlement architecture: the Clearing Layer on the core chain executes global logic, while lightweight vaults on the chain are responsible for custody and local settlement, forming a shared liquidity pool. This mechanism can support various scenarios such as lending, trading, and cross-chain transactions, allowing each deposit to earn returns across multiple products.
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Link: Sei Top Protocol Yei Finance Launches Full-Chain Clearing and Execution Layer Product Clovis [Copy]
