Yei Finance Clovis second round of pre-deposit sold out in 30 minutes, third round may start next week
Foresight News reported that the second round of pre-deposit quota for Clovis, the cross-chain product under Sei ecosystem lending protocol Yei Finance, sold out within 30 minutes and surpassed a thousand depositors. Previously, its first round of pre-deposit vaults was filled within 90 minutes. The official statement indicated that the third round of pre-deposit quota is expected to open again next week.
As the largest lending, DEX, and cross-chain integrated protocol by TVL on Sei, Yei Finance's Clovis focuses on cross-chain liquidation and liquidity integration. Through an architecture of "liquidation layer + lightweight treasury," it breaks down barriers between chains, enabling a capital utilization model of "one asset, multi-chain profit; one deposit, multi-scenario empowerment." Its goal is to aggregate liquidity scattered across multiple blockchains into a shared pool, covering scenarios such as lending, trading, and cross-chain bridging, thereby improving overall capital efficiency.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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