How to get our Lusdc with 7% ?
Last updated
Last updated
The Ledgity Yield app allows wallets to deposit their stablecoins into L-Tokens contracts.
After deposit, the wallet receives L-Tokens in a 1:1 ratio with the amount of deposited stablecoins.
L-Tokens are a wrapped versions of the deposited stablecoins (e.g., LUSDC for USDC).
They act as a proof-of-deposit and can be used at any time to withdraw the deposited stablecoins.
As soon as a wallet holds some L-Tokens, it starts generating yield.
There is no need to stake, lock or claim anything, your L-Tokens balances will automatically grow through time to reflect your rewards.
Stablecoins are converted into FIAT currencies and invested into RWA, allowing the protocol to provide high and stable yield to stablecoins holders. Read more about our Financial Setup.
