Backyard Finance

Backyard Finance helps users create Solana yield strategies, earn vault yield, collect BBQ XP, and track potential $YARD rewards 💸 🪂

solana

Confirmation: Potential
Reward: YARD

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How to participate

1.
Get early access and bonus XP
→ Visit the official Backyard Finance app.
→ Connect your Solana wallet.
→ Read the Terms of Service.
→ Agree and sign only if you understand the risks.
→ Go to Rewards and enter code 8M5Y6XPD.
💡 The code unlocks early access and bonus XP at the launch of Season 1. The app asks users to confirm that deposits are entirely at their own risk.
2.
Create a yield strategy
→ Open the Vaults section.
→ Browse supported Solana yield vaults.
→ Add multiple vaults to your strategy.
→ Set your USDC allocation.
→ Review the APY, TVL, vault sources, and risks.
→ Deploy your strategy.
💡 Your strategy can earn yield from the selected vaults and Season 0 XP at the same time. Each supported vault can generate XP separately, so one strategy can create multiple XP streams. APYs can change, and every vault carries DeFi risk.
3.
Track XP, badges, and positions
→ Open Rewards to track XP, badges, chef ranks, referrals, and multipliers.
→ Open Dashboard to track your positions, blended APY, platforms, tokens, and strategy performance.
💡 Season 0 activity may matter for future rewards, but no token airdrop has been confirmed. BYD borrowing is optional and adds debt, peg, fee, oracle, and liquidation risk.

Source: airdropalert

Introduction

Earning stablecoin yield on Solana often means moving between different protocols, checking separate vault pages, comparing rates, and managing positions across multiple dashboards.

Backyard Finance brings that flow into one place. It lets users browse supported Solana yield vaults, combine them into a custom strategy, and manage the position from one dashboard.

Users can choose supported vaults, set a custom USDC allocation, and create a diversified strategy across Solana protocols such as Kamino, Perena, Jupiter, Manifest, Meteora, and Flash.

The protocol also adds a liquidity layer through Strategy LP tokens. After creating a strategy, users receive Strategy LP tokens, which can be used as collateral to borrow Backyard Dollar, also known as BYD. This allows to keep exposure to their yield strategy while accessing extra liquidity.

BYD is minted against user collateral. Users repay BYD debt to reclaim collateral, and positions below the required health factor can be liquidated.

The project was named a Grand Prize Winner in the Solana Mobile Monolith Hackathon, where Solana Mobile highlighted its focus on stablecoin strategies across multiple vaults.

🪂 Season 0 Rewards: XP, Yield, and Potential $YARD Airdrop

Backyard BBQ Season 0 rewards users for creating Solana yield strategies.

Users can deposit into supported stablecoin vault strategies, earn yield from selected DeFi vaults, and earn Season 0 XP at the same time. Each supported vault can generate XP separately, so one strategy can create multiple XP streams during Season 0.

The native token is $YARD. YARD and veYARD are tied to governance, emissions, treasury incentives, protocol decisions, and long-term ecosystem participation. A token airdrop has not been confirmed yet, but Season 0 XP, BBQ badges, invite activity, vault usage, and the app’s Total YARD Earned tracker make this relevant for users watching a potential post-TGE airdrop.

📌 NFA / DYOR: Yield comes from the vaults selected inside each strategy, so it is not risk-free. APYs can change, and users may face liquidation risks. We could not find confirmed public information about the company, funding, backers, or audits. Always DYOR.

Backyard Finance

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