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Veda Profile picture
@veda_labs
Jan 26 • 4 tweets • 2 min read • Read on X
Meet Kraken DeFi Earn,
Powered by Veda.
Veda is powering @krakenfx DeFi Earn to make earning rewards easier than ever.

Choose from Balanced, Boosted, or Advanced strategies.

Veda’s #1 vault solution makes it possible, offering users more transparency and choice by accessing rewards across Ink and Ethereum. Image
Here’s how it works:
> Select DeFi Earn within @krakenfx, @krakenpro or the @Krak mobile app.
> Deposited funds will be converted to USDC
> Funds are sent to a Veda vault
> Smart contracts supply liquidity to DeFi protocols
> DeFi earnings are added to your balance Image
Strive toward financial freedom with Kraken.
Made seamless with Veda.

Read the full announcement here: veda.tech/blog/introduci…

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More from @veda_labs

Veda Profile picture
Feb 25, 2025
$100M TVL and climbing.

@Rings_Protocol is proving that DeFi-native assets, deep liquidity, and yield automation can scale VERY fast.

Here’s why this milestone is just the beginning 🧵👇 Image
Rings isn’t just about holding assets—it’s about deploying them efficiently.

Two Veda-powered vaults enable this:
🔹 Collateral Vault (Ethereum) → Bridges liquidity to @SonicLabs
🔹 Staking Vault (Sonic) → Activates yield-bearing properties
Collateral Vault (Ethereum): The foundation of Rings

🔹 Users deposit ETH, BTC, or stablecoins
🔹 Assets are stored in Veda vaults on Ethereum
🔹 Users mint scAssets (scETH, scBTC, scUSD) 1:1
🔹 scAssets are bridged to Sonic

This system ensures deep liquidity on Sonic while keeping the underlying assets secure & optimized on Ethereum.
Read 7 tweets
Veda Profile picture
May 15, 2024
1/9 Introducing Veda: the first Native Yield Layer.

Veda tokenizes complex DeFi into user-friendly yield products and is the foundation of the Native Yield Stack. Image
2/9 Despite DeFi's unique potential to create financial freedom, this future remains elusive for many because the DeFi user experience model is deeply broken.
3/9 The current user experience forces individuals to interact directly with a complex network of chains and protocols, which quickly becomes overwhelming.

Instead, DeFi should be experienced through products that manage this complexity to deliver what users value most: yield
Read 9 tweets

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