Sandglass is a Solana's yield trading protocol splitting yield-bearing tokens into principal and yield components
What is Sandglass?
Sandglass is a pool-based yield trading protocol allowing users to exchange their productive yield assets for a fixed or amplified return. Lending positions and yield bearing tokens can be used as such assets. Sandglass splits yield-bearing tokens into their principal and yield components, which makes them tradable separately.
With Sandglass, you can fix and long your yield, provide liquidity, and exit anytime at the current market price.
