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Crypto: Here's How Ledgity Yield Reinvents DeFi With Chainlink!

Sat 22 Jun 2024 ▪ 3 min read ▪ by Eddy S. Article native advertising
Getting informed Regulation Crypto

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 secure and scalable.

Crypto Ledgity Yield Chainlink

Ledgity Yield, a treasury 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 fosters the long-term adoption of institutional-grade stablecoin yield solutions. This is achieved through several aspects, including:

  • Privileged access to Chainlink oracle services
  • Technical support
  • Enhanced crypto security

With these elements, Ledgity Yield commits to providing network fees and other benefits to the crypto community and Chainlink service providers, including stakers.

The goal of Ledgity Yield is to bridge the gap between DeFi and traditional financial institutions. All this, while offering yields from real assets, supported by institutional-grade treasury management services. The crypto platform offers a robust and resilient stablecoin yield infrastructure that supports institutional custody, regulatory compliance, and risk-adjusted yield optimization.

Strategic benefits for the evolution of crypto

Ledgity Yield’s participation in the BUILD program grants it key advantages! Including access to 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 offerings across 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 make 4% of its native token supply available to Chainlink service providers, including stakers, over time. These mutually aligned economic incentives allow both crypto communities to support each other.

The integration of Chainlink’s tokenized crypto asset infrastructure by Ledgity Yield marks a decisive turning point for the DeFi industry. It promises not only to enhance the security and scalability of stablecoin yield solutions, but also to extend the potential of blockchain finance to a broader audience, including traditional financial institutions.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

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