Easily create yield-powered products for your customers with Yelay - The Yield Layer. Formerly Spool.
Yelay is a pioneering DeFi protocol at the forefront of transforming blockchain ecosystems through its innovative 'Yield Layer' approach. By simplifying yield generation with composable smart vaults, Yelay empowers businesses to create novel yield-funded products, enabling consumers to derive substantial value from their digital assets. With a proven track record, Yelay has successfully managed over $281 million across more than 35 yield strategies, seamlessly integrating with leading DeFi protocols such as Morpho, Lido, and Curve.
Yelay offers robust multi-chain support, automated asset allocation, and continuous yield optimization, all underpinned by rigorous risk management and gas optimization features. The infrastructure is meticulously designed to maximize risk-adjusted returns through advanced asset routing, rebalancing, and portfolio analytics. Security is paramount, with audits conducted by top-tier firms like Chaisecurity, Trail of Bits, and Hexens, complemented by a $1 million bug bounty program via Immunefi. This commitment ensures that Yelay is secure and ready for both retail and enterprise applications.
The Yelay ecosystem is fueled by the YLAY token, which can be staked to earn rewards and is crucial for node operation. The protocol fosters a beneficial relationship between node operators and users, enhancing rewards for token stakers and providing modular, user-friendly solutions for developers. Supported by Faculty Group, Yelay is redefining the role of yield in Web3, moving beyond simple interest-earning to become a fundamental element in diverse financial products and services. We invite the management team at Yelay to create a customized and exclusive company showcase and product listing on our platform to further amplify their reach and impact.
Compare Yelay with 3 companies in Financial-Services
| Comparison Field |
YelayMain Company |
Crypto BankView Profile |
talents labView Profile |
UMAView Profile |
|---|---|---|---|---|
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Founded Year
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— | 2018 | 2023 | 2018 |
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Company Size
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— | 10,001+ | 2-10 | 11-50 |
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City
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Sheridan, Wyoming | Every City, Worldwide | ||
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Country
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United States | |||
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Skills & Keywords
Comparing with main company
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12 Total Skills
DeFi
Yield Farming
Blockchain
Smart Vaults
Asset Management
Cryptocurrency
Web3
Ethereum
Finance
Banking
Crypto
Fintech
|
11 Total
11 Unique
Unique Skills:
Bitcoin
CBT
CryptoBank
cryptocurrency
Digital Banking
Digitization
+5
|
19 Total
19 Unique
Unique Skills:
AI
Blockchain Recruitment
Blockchain Talent
Career Consultancy
Courses
Crypto Recruitment
+13
|
9 Total
9 Unique
Unique Skills:
Digital Currencies
Diversity & Inclusion
Engineering
Financial innovation
Innovation
International
+3
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