Kraken has launched its DeFi Earn service in the U.S., EU, and Canada, providing users with on-chain news and access to DeFi earning opportunities. The service utilizes Veda as its infrastructure provider, with Chaos Labs and Sentora overseeing the first three USDC vaults. These vaults will direct funds into protocols such as Aave, Morpho, Sky, and Tydro, which offer variable yields based on real-time borrower demand.
This initiative brings DeFi-style returns with the security of a centralized platform. The service aims to make it easier for centralized exchange users to access DeFi earning opportunities. Kraken’s DeFi Earn brings on-chain yield opportunities via Veda infrastructure, with Chaos Labs and Sentora overseeing the initial USDC vaults.
Kraken has launched its DeFi Earn service in the United States, the European Union, and Canada, providing users with on-chain earning opportunities. The service uses Veda as its vault infrastructure provider, with Chaos Labs and Sentora overseeing the first three USDC vaults. These vaults will direct funds into on-chain protocols such as Aave, Morpho, Sky, and Tydro, offering variable yields based on real-time borrower demand. Kraken positions DeFi Earn as delivering DeFi-style returns with the security of a centralized exchange.
The service aims to make it easier for centralized-exchange users to access DeFi earning opportunities. Chaos Labs and Sentora will oversee risk management for the initial USDC vaults as Kraken scales DeFi Earn. Kraken has launched its DeFi Earn service in the United States, the European Union, and Canada, offering users on-chain earning opportunities. The service relies on Veda as its vault infrastructure provider, with Chaos Labs and Sentora overseeing the first three USDC vaults.
These vaults will direct funds into on-chain protocols such as Aave, Morpho, Sky, and Tydro, delivering yields that vary with real-time borrower demand. Kraken positions DeFi Earn as delivering DeFi-style returns with the security of a centralized exchange, aiming to simplify access to DeFi earning opportunities for users of centralized platforms. Chaos Labs and Sentora will oversee risk management for the initial USDC vaults as Kraken scales DeFi Earn.
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