Design Your Stablecoin

Getting started

Step-by-step guide for deploying the NoYield treasury model stablecoin on Solana and SVM chains.

Deploy a Treasury Model stablecoin on Solana using the NoYield extension. All accrued rewards are captured by the admin via the claim_fees instruction.

If you haven't already, review the Choosing Your Model page for context on how NoYield fits into the M0 extension ecosystem.

Overview

The NoYield model on SVM creates a token backed 1:1 by eligible collateral. It is the Solana equivalent of the EVM MYieldToOne model - all rewards flow to the protocol admin.

Rewards Claiming: Only the admin can call claim_fees to mint accumulated rewards to a chosen recipient.
Token Standard: Uses Token-2022 (or legacy Token Program for compatibility).
Source Code: solana-m-extensions

Implementation Guide: NoYield

Step-by-step guide for deploying the NoYield treasury model stablecoin on Solana and SVM chains.

Implementation Guide: MYieldToOne (Onshore)

Step-by-step instructions for deploying a Treasury Model stablecoin where 100% of rewards are captured by the use case owner.