Veda brings the vault stack behind Kraken DeFi Earn to Privy’s 2,000-plus developer teams

Veda, the infrastructure provider behind Kraken DeFi Earn and EtherFi’s Liquid, has announced that its vault stack will now be available to Privy’s 2,000-plus developer teams. The vault stack, which powers yield-generating strategies, will be accessible via a self-serve API, allowing developers to integrate these capabilities into their applications.

The vault stack is designed to simplify the process of earning yield on crypto assets, a process that can otherwise be complex and risky. By making this technology available to a broader range of developers, Veda aims to democratize access to advanced DeFi strategies, potentially accelerating innovation in the space.

For everyday crypto users, this development could mean more user-friendly DeFi applications that offer competitive yields with lower barriers to entry. As more developers leverage this technology, we may see an increase in the number of platforms offering secure and efficient yield-generating products.

Developers interested in integrating Veda’s vault stack can start by exploring the self-serve API offered through Privy. This move is part of a broader trend toward making sophisticated DeFi tools more accessible, which could lead to a more vibrant and diverse DeFi ecosystem. Watch for new applications and platforms that emerge as a result of this technology becoming more widely available.