Ledgity Yield and Chainlink: A winning duo for DeFi!
Jun 23, 2024 am 10:25 AMIn a world where decentralized finance (DeFi) and traditional financial institutions converge, Ledgity Yield positions itself as an innovative bridge between these two realms.
In a world where decentralized finance (DeFi) and traditional financial institutions converge, Ledgity Yield positions itself as an innovative bridge between these two realms. By integrating Chainlink’s tokenized crypto asset infrastructure, Ledgity Yield paves the way for a new era of stablecoin yield solutions that are both secure and scalable.
Announcing Ledgity Yield’s participation in the Chainlink BUILD program
Fresh from announcing its participation in Chainlink Labs’ BUILD program, Ledgity Yield, a treasury management solution for stablecoins, is now setting its sights on accelerating the growth of the crypto ecosystem. This participation will also contribute to the long-term adoption of institutional-grade stablecoin yield solutions, which will be realized through several key aspects.
These aspects include integrating Chainlink Proof of Reserve to help verify the underlying real assets used to generate yield and the Cross-Chain Interoperability Protocol (CCIP) to extend its offerings across different chains. Additionally, Ledgity Yield will gain access to new alpha and beta versions of Chainlink products as they become available.
In turn, Ledgity Yield will allocate 4% of its native token supply to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives will enable both crypto communities to support each other.
To briefly recap what Ledgity Yield does, the platform offers yields from real assets, supported by institutional-grade treasury management services. The crypto platform's robust and resilient stablecoin yield infrastructure supports institutional custody, regulatory compliance, and risk-adjusted yield optimization.
This participation in the BUILD program grants Ledgity Yield several key advantages, including access to and integration of Chainlink Proof of Reserve to help verify the underlying real assets used to generate yield. But also, the Cross-Chain Interoperability Protocol (CCIP) to extend its offerings across different chains. Access to new alpha and beta versions of Chainlink products is also part of the benefits obtained.
In a world where decentralized finance (DeFi) and traditional financial institutions converge, Ledgity Yield positions itself as an innovative bridge between these two realms. By integrating Chainlink’s tokenized crypto asset infrastructure, Ledgity Yield paves the way for a new era of stablecoin yield solutions that are both secure and scalable.
Announcing Ledgity Yield’s participation in the Chainlink BUILD program
Fresh from announcing its participation in Chainlink Labs’ BUILD program, Ledgity Yield, a treasury management solution for stablecoins, is now setting its sights on accelerating the growth of the crypto ecosystem. This participation will also contribute to the long-term adoption of institutional-grade stablecoin yield solutions, which will be realized through several key aspects.
These aspects include integrating Chainlink Proof of Reserve to help verify the underlying real assets used to generate yield and the Cross-Chain Interoperability Protocol (CCIP) to extend its offerings across different chains. Additionally, Ledgity Yield will gain access to new alpha and beta versions of Chainlink products as they become available.
In turn, Ledgity Yield will allocate 4% of its native token supply to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives will enable both crypto communities to support each other.
To briefly recap what Ledgity Yield does, the platform offers yields from real assets, supported by institutional-grade treasury management services. The crypto platform's robust and resilient stablecoin yield infrastructure supports institutional custody, regulatory compliance, and risk-adjusted yield optimization.
News source:https://www.kdj.com/cryptocurrencies-news/articles/ledgity-yield-chainlink-winning-duo-defi.html
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