Sei-to-Tree Protocol Yei Finance Launches Cross-Chain Settlement and Execution Layer Product Clovis

BlockBeats News, August 29th, according to official sources, Sei's flagship protocol Yei Finance launched a full-chain settlement and execution layer product Clovis, with the first reserve vault hitting the deposit cap within 1 hour of launch. The official announcement stated that the next opening will start on September 1st.

Clovis is committed to integrating fragmented inter-chain liquidity to build a unified clearing and settlement architecture: the core on-chain Clearing Layer executes global logic, while connecting lightweight vaults on-chain are responsible for custody and on-chain settlement, thus forming a shared liquidity pool. This mechanism can support multiple scenarios such as lending, trading, and cross-chain transactions, allowing each deposit to earn additional yield in various products.