Y24 allows to optimise on chain assets such as BNB, ETH, BTC, and stable coins at the consensus layer and provide LRT native yield tokens that can be used in various defi applications, including RWA’s, securitization, trenches, staking and lending/borrowing protocols.
Y24.io, Liquid ReStaking Protocol
Permissionless Liquid Staking Token share passive income of up to 86% APY!
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Liquid ReStaking Token (LRT)
Liquid staking introduces a novel avenue for generating passive income from staked assets without the need for locking them up. It serves as an alternative to traditional staking models, where users are typically required to lock their tokens to contribute to the security of proof-of-stake blockchains. - ❖
Real World Assets (RWA’s)
Decentralized finance (DeFi) protocols, exemplified by Centrifuge, are emulating the fundamental operations of Real World Assets (RWA’s). - ❖
Leverage Staking
Y24 is embarking on a strategic partnership with BENQI, with the shared goal of catalyzing the evolution of the sAVAX ecosystem. sAVAX represents AVAX’s staking derivative, delivered by BENQI, the foremost liquid staking and lending protocol on the Avalanche network. - ❖
Lending Borrowing
Y24.io’s seamless Borrow/Lending utility is set to launch, debuting with Aave as the exclusive provider. While we are actively constructing our Leverage tool to accommodate multiple providers competing for capital efficiency and risk factors transparently on L1/L2, Aave, with its proven track record and outstanding capital efficiency, is expected to remain the primary leverage provider in the foreseeable future. Despite the integration of new leverage providers, Aave’s established excellence positions it prominently. - ❖
Bitcoin Staking
Bitcoin staking is a concept enabling Bitcoin holders to stake their dormant bitcoins to enhance the security of Proof-of-Stake (PoS) chains, while also earning yields. The proposed Bitcoin staking protocol introduces a trustless mechanism, allowing users to stake bitcoins without directly connecting them to the PoS chain - ❖
Trenches Pools
In the Y24 proposed model, we constructed tranches featuring diverse risk profiles mirroring the underlying exposure. These tranches span from the least risky (AAA) super senior at the pinnacle of the credit structure to the most lucrative (BB) with higher potential rewards. - ❖
Y24 LRT Staking
Yield24 enables users to delegate their crypto holdings in one of the staking pools available at Y24 to earn additional rewards. Staking at Y24 is another feature of generating passive income. Y24 holders will be able to participate in rewards in one way. - ❖
Y24 Bridge
We understand the frustration of users having limited access. Since the crypto community comes with unlimited options for investment and innovation, Therefore, we believe that the users must have no-boundary access to the entire space. To implement this, we have partnered with a reputable bridge to enable access. - ❖
Governance
Yield24 operates under the governance of its community, engaging in forum discussions and voting on proposals through the Y24 Snapshot. Currently, proposals presented to the Snapshot voting system by the CORE carry binding authority if they secure passage with a quorum.
Liquid Staking
Through BNB Liquid Staking, Yield24 facilitates the staking of your BNB tokens using carefully chosen validator nodes. Simultaneously, the protocol generates new yBNB tokens, which are BEP-20 reward-earning tokens directly sent to your wallet. These tokens operate through a daily rebasing mechanism, ensuring that staking rewards are distributed to your wallet consistently. In essence, your yBNB balance in your wallet will increment daily to mirror the accruing staking rewards.
Y24 integrated 2 Liquid Staking Platforms and validators on the BNB Chain.
- Stader
- Ankr Liqudi Staking
Tranche's Integrations
Networks
Binance
Mainnet
Arbitrum
Polygon
Fantom
Avalanche
Markets
