DeFi
Here’s how Ledgity Yield is reinventing DeFi with Chainlink!
7:00 p.m. ▪ 3 min reading ▪ by Eddy S.
In a world where decentralized finance (DeFi) and traditional financial institutions converge, Ledgity Yield positions itself as an innovative bridge between these two areas. By integrating Chainlink’s tokenized crypto asset infrastructure, Ledgity Yield is paving the way for a new era of stable, secure and scalable yield solutions.
Ledgity Yield and Chainlink: A winning duo for DeFi!
Ledgity yield, a cash management solution for stablecoins, recently announced its participation in the Chainlink BUILD program. This strategic collaboration aims to accelerate the growth of the crypto ecosystem! And also promotes long-term adoption of stable yield solutions in institutional grade coins. This is achieved through several aspects, including:
- Privileged access to Oracle Chainlink services
- Technical support
- Improved cryptographic security
With these elements, Ledgity Yield is committed to providing network fees and other benefits to the crypto community and Chainlink service providers, including stakeholders.
Ledgity Yield’s goal is to bridge the gap between DeFi and traditional financial institutions. All this, while delivering returns on real assets, backed by institutional-grade cash management services. The crypto platform offers a stable and resilient yield infrastructure that supports institutional custody, regulatory compliance and risk-adjusted yield optimization.
Strategic advantages for the evolution of crypto
Ledgity Yield’s participation in BUILD program gives it key advantages! Including access and integration of 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 offers on different chains. Access to new alpha and beta versions of Chainlink products is also part of the benefits obtained.
In exchange for these services, Ledgity Yield will over time make 4% of its native token supply available to Chainlink service providers, including stakeholders. These mutually aligned economic incentives allow the two crypto communities to support each other.
Ledgity Yield’s integration of Chainlink’s tokenized crypto asset infrastructure marks a watershed moment for the DeFi industry. It promises to not only improve the security and scalability of stablecoin yield solutions, but also expand the potential of blockchain finance to a wider audience, including traditional financial institutions.
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Basically a crypto community manager, I am interested in everything directly or indirectly related to blockchain and its derivatives. In order to share my experience and raise awareness of a field that fascinates me, there is nothing better than writing articles that are informative and relaxed at the same time.
DISCLAIMER
The views, thoughts and opinions expressed in this article belong solely to the author and should not be considered investment advice. Do your own research before making any investment decisions.