Stablecoin Yield Solution Ledgity Yield Joins Chainlink BUILD

Ledgity Yield
3 min readJan 11, 2024

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We’re excited to announce that Ledgity Yield is officially joining the Chainlink BUILD program. As a part of BUILD, we aim to accelerate ecosystem growth and long-term adoption of institutional-grade stablecoin yield solutions by gaining enhanced access to Chainlink’s industry-leading oracle services and technical support, as well as incentivizing greater cryptoeconomic security, in exchange for a commitment to provide network fees and other benefits to the Chainlink community and service providers, including stakers.

Our participation in BUILD provides priority support from the Chainlink ecosystem, increased access to dApps needing a secure and scalable stablecoin yield solution, and stronger incentive alignment between the Chainlink and Ledgity Yield communities.

We’re confident that through enhanced support, secure offchain services, and the backing of Chainlink’s vibrant community, we can accelerate awareness of Ledgity Yield and realize the adoption of a secure and scalable treasury management solution for the Web3 industry.

Ledgity Yield: Providing Institutional-Grade Stablecoin Yield for Web3 Industry

Ledgity Yield is a stablecoin yield protocol backed by real-world assets (RWAs). It aims to bridge the gap between DeFi and traditional financial institutions by offering yield from real-world assets underpinned by institutional-grade treasury management services.

Specifically, Ledgity Yield offers a robust and resilient stablecoin yield infrastructure that supports institutional-grade custody, regulatory compliance, and an optimization of the risk-adjusted returns. We believe that stablecoins will be the major catalyst for the mass adoption of Web3 technology, and Ledgity Yield’s mission is to be the leading solution for any user or institution to earn yield on blockchain-based stablecoins through its secure infrastructure and easy-to-use interfaces.

Why We Joined Chainlink BUILD

Ledgity Yield joined BUILD to maximize the benefits of security and reliability that Chainlink’s oracle infrastructure provides. As part of BUILD, Ledgity Yield will receive key benefits, including access to and integration of Proof of Reserve to help verify the underlying real-world assets used to generate yield and CCIP to help bring our project’s offerings cross-chain, and access to new Chainlink product alpha and beta releases, among other benefits.

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 enable both communities to support one another.

The Chainlink platform already serves as a bridge between the traditional finance industry and the blockchain ecosystem. Chainlink Proof of Reserve, CCIP, and other supporting services are critical infrastructure for Ledgity Yield to help make its stablecoin yield solution secure, scalable, and easily accessible. We’re incredibly excited to be joining Chainlink BUILD, and we look forward to welcoming the passionate Chainlink community into the Ledgity Yield ecosystem.” — Pierre-Yves Dittlot, Founder of Ledgity Yield.

About Chainlink

Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $9 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About Ledgity Yield

Ledgity Yield is designed to be the cornerstone for scalable and efficient yield solutions backed by Real World Assets (RWA), fostering a new realm of financial opportunities. Its platform is designed to bridge the gap between traditional finance and decentralized finance, offering enhanced security, transparency, and extending the potential of blockchain finance. With Ledgity Yield, institutions and individual investors alike can participate in yield-generating programs that are robust, accessible, and aligned with the evolving landscape of finance.

Discover how Ledgity Yield is shaping the future of stable, RWA-backed returns in the web3 space by visiting ledgity.finance or delve into our comprehensive resources at docs.ledgity.finance.

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Ledgity Yield
Ledgity Yield

Written by Ledgity Yield

Ledgity Yield provides stablecoins holders with a real, stable and high-efficiency yield backed by Real World Assets (RWA)💫

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