Staking with Yieldly just got even more effortless and accessible, thanks to Ledger’s updated support for DeFi on Algorand.
Yieldly is delighted to announce that crypto wallet app Ledger has integrated support for YLDY ASA staking on its DeFi platform. The integration allows users to directly stake ASA tokens via Yieldly, without leaving the Ledger Wallet. It’s been a long time coming, and both the Algorand and Ledger teams have been working hard to give Ledger’s 1.5 million monthly users access to Algorand’s Largest DeFi project — Yieldly.
With Yieldly’s Total Value Locked (TVL) climbing steadily towards 100m, this update will be a welcome change. Enabling that target to be hit with ease — and surpassed.
We welcome all Ledger users and look forward to them using the staking products. Over time we will continue to liaise with the Ledger team to allow access to more of the Yieldly Apps such as the Bridge. For now we are delighted to welcome the integration for our staking pools and prize games. While Ledger is a 3rd party project, any questions about its functionality we will happily pass onto the Ledger team to make the user experience even more seamless.