Sandglass, developed by the team at Lifinity, has launched a groundbreaking product on Solana, enabling users to separate yield and principal from yield-bearing tokens like mSOL and other liquid staking assets. This pioneering platform paves the way for a new derivatives market, enhancing liquidity within the broader DeFi ecosystem. By allowing the trade of yield separately from principal, Sandglass offers an innovative financial tool that provides flexibility and new investment opportunities. This first-of-its-kind feature on Solana marks a significant advancement in how users can interact with and leverage their staking investments.
