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Veda Brings Kraken DeFi Earn Vault Infrastructure to Privy’s 2,000-Plus Developer Teams

The announcement says Veda will make the vault stack used behind Kraken DeFi Earn available to more than 2,000 teams building through Privy.

Summary

Veda said it is extending the vault stack behind Kraken DeFi Earn to Privy’s developer network of more than 2,000 teams. The move links crypto yield infrastructure with a broader developer distribution channel, potentially making it easier for applications to integrate DeFi (decentralized finance) yield products through embedded wallet and onboarding tools.

Terms & Concepts
  • Vault stack: A set of smart contract (self-executing blockchain code) infrastructure used to pool, manage, and deploy digital assets according to predefined strategies.
  • DeFi Earn: A crypto yield product tied to DeFi (decentralized finance), where user assets are allocated to onchain strategies designed to generate returns.
  • Privy: A developer platform focused on wallet, authentication, and user onboarding tools for crypto applications.