The Yelay Ecosystem: DeFi’s Most Connected Protocol

Yelay
4 min readDec 18, 2024

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We’ve already explored how $YLAY powers The Yield Layer through emissions, protocol fees, integrator rewards, and strategy provider rewards.

Now, let’s discover where these rewards actually come from by looking at the extensive network of protocols and implementations that make Yelay the most deeply integrated protocol in decentralised finance (DeFi).

With over 30 integrations across lending, decentralised exchanges (DEXs), staking, and specialised protocols, Yelay has built a comprehensive yield infrastructure that’s powering the future of DeFi.

Blue-Chip Integration Network

At the heart of Yelay’s value proposition lies its extensive network of battle-tested DeFi protocols.

These carefully curated integrations form the foundation of Yelay’s yield-generation capabilities. Through them, the protocol creates a unified layer that simplifies complex DeFi interactions while maximising yield potential.

As a resutlt, the Yelay ecosystem spans the entire DeFi landscape:

Lending Protocols

  • Aave — Leading decentralised lending market with $5B+ total value locked (TVL)
  • Compound — Pioneer of DeFi lending and yield generation
  • Morpho — Next-gen lending efficiency layer optimising rates

DEX & Liquidity

  • Curve — Stablecoin trading powerhouse enabling efficient swaps
  • Convex — Yield optimisation king maximising Curve rewards

Staking Solutions

  • Rocket Pool — Decentralised Ethereum (ETH) staking with lower barriers to entry
  • Lido — Liquid staking pioneer enabling yield while maintaining liquidity

Specialised Protocols

  • Ethena — Innovative synthetic assets expanding yield possibilities
  • Gearbox — Leverage protocol amplifying yield potential
  • Origin Protocol — DeFi marketplace infrastructure connecting real-world assets
  • Frax Finance — Algorithmic stablecoin ecosystem providing stable yield options

Each partner integration undergoes rigorous security vetting before joining our network, with continuous monitoring and risk assessment protocols in place. This careful curation process ensures that Yelay users access only the most reliable and secure yield opportunities in DeFi.

Live Implementations

Yelay infrastructure is also powering several game-changing DeFi platforms:

PERQ

A multichain yield powerhouse, PERQ is redefining how users interact with DeFi yields. By leveraging Yelay’s infrastructure, PERQ provides access to pre-TGE token opportunities, helping you secure allocations in some of the most promising up-and-coming token launches. The platform has millions in TVL and has raised an additional tens of millions for aspiring projects, demonstrating the robust scalability of Yelay’s technology.

Armor Wallet

Allowing users to talk to their Web3 wallet like a chatbot, Armor Wallet’s AI-powered trading assistance offers non-custodial security and automated yield optimization through Yelay. Instruct native LLMs to find the best positions and automatically allocate and divest by speaking to your wallet in plain English. Armor Wallet showcases how advanced technology can enhance traditional DeFi strategies.

Wayex

One of the leading crypto exchanges in Australia, Wayex bridges the gap between digital assets and real-world spending. Their innovative implementation with Yelay connects DeFi yield to everyday crypto users via their Earn product. Wayex’s debit card functionality lets you spend your digital assets at nearly any point-of-sale terminal, showcasing how Web3 is moving toward mainstream adoption.

Community Benefits

Through its comprehensive integration network, the Yelay ecosystem delivers significant value to all participants. Users gain streamlined access to cross-protocol opportunities while benefiting from built-in risk management and portfolio diversification. The platform’s automated optimisation ensures users receive competitive yields without navigating complex protocol interactions directly.

For developers, Yelay’s infrastructure provides a robust foundation for creating new financial products, significantly reducing the technical barriers to entry for creating yield-based services. This approach has already attracted many projects to the ecosystem, creating a vibrant community of builders and users. As we saw in the recent article on the YLAY token, every integration enhances the value for $YLAY token stakers.

The Future of Yield is Here

As Yelay expands, the protocol’s value proposition strengthens through powerful network effects. Each new protocol integration and platform implementation increases the utility for all participants, creating a self-reinforcing growth cycle.

Community participation remains a core part of Yelay’s growth strategy. By investing in the ecosystem, we grow DeFi one new user at a time. Developers can dive into our SDK documentation, while users can explore our ecosystem through our live implementations of PERQ, Armor Wallet, and Wayex.

Join us in building the future of decentralised yield generation. Join us at Yelay. 🚀

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