Yelay

Yelay

Financial-Services

Website
Company Tagline

Easily create yield-powered products for your customers with Yelay - The Yield Layer. Formerly Spool.

Industry Category
Financial-Services
Company Description

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.

Key Personnel / Employees
Victor Occelli Benjamin Robaidek FABRICIO TORRES BALAREZO Luke Lombe

Compare Companies Side by Side

Compare Yelay with 3 companies in Financial-Services

4 Companies
Comparison Field
Yelay
Yelay
Main Company
Crypto Bank
Crypto Bank
View Profile
talents lab
talents lab
View Profile
Founded Year
2018 2023 2018
Company Size
10,001+ 2-10 11-50
City
Sheridan, Wyoming Every City, Worldwide
Country
United States
Skills & Keywords Comparing with main company
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
4
Total Companies
2018
Oldest Founded
1
Countries
50
Unique Skills

Similar Companies

Other organizations in the same industry

Legal Consultant
Financial-Services
Coca-Cola Credit Union
Financial-Services

Empowering Members Since 1965

Atlanta, Georgia
United States
Zamara Uganda
Financial-Services

Powering Prosperity

Nairobi, Kampala
Ledgermatic
Financial-Services

Digital Asset Treasury Management

Alternative Company Names

This company is also known as

Yelay 耶莱 येले يلاي Елай