Ledgity Yield is a protocol that helps stablecoin holders manage their funds and earn stable income. It's unique because it uses real-world assets (like property or businesses) for security.
What is Ledgity
Here's how it works:
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Real World Assets Backing: It offers stable returns based on real assets, making it more reliable.
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Combining Traditional and Crypto Finance: It bridges traditional finance (TradFi) and decentralized finance (DeFi). This means it combines the stability of real-world finance with the flexibility of crypto.
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Safe and Compliant:
- Bank-Grade Custody: They have a secure system for keeping funds safe, similar to what banks use.
- Regulatory Compliance: They follow financial regulations, making it more trustworthy.
- Balanced Approach: It uses both decentralized (crypto-based) and centralized (traditional) ways of managing funds.
- Vision and Values: Ledgity Yield aims to be a top wealth management platform for Web3 (the new era of the internet). It values transparency (clear information), accessibility (easy for everyone to use), and compliance (following laws and regulations).
In summary, Ledgity Yield offers a stable and secure way for people to earn from their stablecoins, combining the best of traditional and crypto finance.
Team of Ledgity
Pierre-Yves Dittlot
CEO
Pierre-Yves DITTLOT - CEO. With over 13 years of experience in the Wealth Management and Private Banking sector, Pierre-Yves Dittlot has held various roles, including a role as an investment fund manager and Chief Investment Officer (CIO) for multiple asset management firms, private banks, and family offices. Driven by his enthusiasm for finance and technology, he established Ledgity to tackle the perceived inefficiencies in the wealth management sector. His aim is to enhance services and make crypto a more accessible investment category. Through Ledgity, he aspires to modernize the realm of wealth management and private banking. Pierre-Yves possesses expertise in areas such as private banking, financial markets, derivatives, wealth management, blockchain, digital banking, payment systems, leadership, and team management.
Gregoire Jouaneau
BD & Associate
Gregoire JOUANEAU - BD & Associate. Gregoire is a seasoned entrepreneur with a background in business development. He began his journey by successfully establishing and subsequently selling a startup. With numerous years of experience, he has propelled the growth of cutting-edge companies that sit at the crossroads of finance and technology. Drawing upon his entrepreneurial spirit, strategic acumen, and extensive industry connections, Gregoire is dedicated to solidifying Ledgity's standing as a pioneering force in the digital asset domain.
Lila Rest
CPO & DeFi Lead
Lila REST - CPO & DeFi Lead. Boasting over 6 years of expertise in shaping, consulting, and supporting company products, he has garnered a wealth of knowledge in Web2/3, UX/UI, System design, AI, Research, Marketing, and BD domains. Driven by a zeal for propelling state-of-the-art products to new heights, he came on board at Ledgity as the Chief Product Officer (CPO) to spearhead the research and evolution of the "Ledgity Yield" protocol. Lila not only possesses a sharp intuitive sense but also has strong technical capabilities, having played a pivotal role in the creation of the protocol's smart contracts and frontend development.
Ledgity review
Pros
Long term stability
Benefit from stability of an institutional set-up and a protocol backed by Real World Assets (RWA).
High efficiency
Ledgity team provides financial engineering to achieve the best risk-adjusted return from RWA.
Diversification
The collateralized portfolio of RWA is allocated across hundreds of yield opportunities.
Multi-chains
The protocol aims to be available on most EVM chains to bring stable yield to every stablecoin holder.
No liquidation
The protocol does not implement any liquidation mechanism and fees at borrowing time.
Analytics
The app provides you with detailed charts and statistics about your investment and the protocol itself.
Cons
Centralised fund management
Despite having decentralised components, the mention of centralised fund management could indicate a centralised point of failure or control, which goes against the ethos of many DeFi platforms.
Regulatory compliance
While compliance with financial regulators can be seen as a positive, the ever-evolving nature of regulations surrounding crypto can be a risk. If regulations change or become more stringent, this could impact the functioning or legality of the platform.
Yield Stability
Promising stable yields can be a double-edged sword. While stability is appealing, it raises questions about how the protocol will maintain these yields during volatile market conditions.