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- Constellation Network has collaborated with Lattice exchange and Stargazer Wallet to roll out DeFi projects via the popular DeFi platform Yield App
- For those who would like to invest in yield farming, there is an opportunity for them to offer by Constellation Network
The users of Lattice Exchange and Stargazer Wallet can now do yield farming by pooling their crypto holdings for liquidity.
This service will help the users to deposit their ether and stablecoins into a DeFi market and earn interest on those deposits. Yield Apps integration enables direct investment in its own funds, which will provide 20% annual percentage yield (APY) on ETH, USDT, and USDC along with the native YLD Token.
The Lattice exchange will transfer the new solutions on the Constellation Hypergraph network. It will help the users to secure and store data in a structured way to invest in different digital assets.
The Constellation Network ecosystem is equipped with YIELD App. Treasury management solutions are important for the app. Token projects will be built on Constellation’s Hypergraph.
Upcoming services
Apart from the portability feature, a new reward interface will also be introduced, as well as a real time analytics console and support for more services. The product is suitable for both the institutional market and retail market, the App will give its clients of its corporate customers a crypto-asset management platform. This is a good opportunity for all who are planning to invest in a passive form. They can earn crypto-assets that they want to park for a long-term.
YIELD App contains high return savings accounts, debit cards and interest bearing checking accounts. Tim Frost, Founder and CEO of Yield App is happy to be associated with the Lattice Exchange. The CEO believes that both of them share the same passion and believe to reach as many people as possible to help them understand the better opportunities available in the crypto economy.
Constellation Network eyes DeFi projects
Constellation Network COO and Co-founder Mathias Goldmann believes that DeFi is one of the most important new platforms for the crypto space. Constellation is also planning to get into the game too.
The move taken by the constellation network and others appears to be a plan to move ahead in that direction. There are more plans in the pipeline as a plan for expansion. Goldmann is elated to partner with YIELD app to welcome new opportunities to the Constellation Networks.
Constellation Network has been doing all possible shifts to increase the capital performance of the stake digital assets on their platforms. New collateral markets might be shaped through those collaborations because the San-Francisco based company is forward looking and going ahead with a range of blockchain and cryptocurrency projects.
Over $63billion has been booked in DeFi protocols at a time of much uncertainty within the worldwide economy. Payments and derivative platforms command a large market share. Interest bearing accounts remain one of the strongest biggest adoption drivers for DeFi products.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
