Overview
Francium is a yield aggregation protocol on Solana specializing in leveraged yield farming. Users can deposit assets as collateral and borrow additional capital to farm yields at 2-3x leverage across various Solana DeFi protocols. The platform also offers standard single-asset staking and lending for users who prefer lower-risk yield.
The protocol launched during Solana's first major DeFi wave in 2021-2022 and attracted reasonable TVL during that period. Francium's leveraged farming strategies were particularly popular when base yields on Solana were high enough that leveraged positions generated attractive returns.
As Solana DeFi yields compressed and the ecosystem went through its post-FTX contraction, Francium's TVL and user activity collapsed. The platform still functions technically but has negligible real usage. The current Solana DeFi renaissance has largely bypassed older yield protocols in favor of newer entrants.
Risk Factors
- Minimal TVL and near-zero active users
- Leveraged yield farming amplifies losses in adverse conditions
- Solana DeFi renaissance has favored newer protocols over legacy yield platforms
- Smart contract risk is elevated with leveraged strategies
Conclusion
Francium is a legacy Solana yield farming platform that hasn't recovered from the post-FTX ecosystem collapse. The 2.0 score reflects once-functional infrastructure that has become effectively abandoned. Unlikely to recapture relevance in Solana's current DeFi landscape.