lyUSDC
lyUSDC is the USD-denominated yield vault of the Ledgity protocol. It allows users, DAOs, and institutions to earn real yield on USDC while maintaining self-custody and on-chain liquidity.
When you deposit USDC, you receive lyUSDC. The Price-Per-Share (PPS) of lyUSDC increases as yield is generated.
There are no lockups, no staking, and no claiming. Your yield is reflected automatically in your lyUSDC balance value.
How It Works (Simple)
Deposit USDC
Receive lyUSDC (1:1)
The PPS of lyUSDC increases as yield accrues
Withdraw USDC at any time based on PPS value
Yield Source
lyUSDC yield comes from a diversified RWA portfolio managed through the SARR Fund:
80% RWA Portfolio
Short-duration, cash-flow-producing assets
15% DeFi Strategies
Low-risk lending (Morpho / Aave)
5% On-Chain Liquidity Buffer
Ensures withdrawals at any time
Withdrawals
Instant
Immediate
As long as buffer liquidity is available
Scheduled
24–72h
When RWA liquidity is cycled
Large withdrawals >10% TVL
Case-by-case
Coordinated to protect portfolio integrity
You can always withdraw, but timing depends on liquidity conditions.
Use Cases
Safe parking of stablecoins between plays
DAO runway preservation
Hedge against inflation while remaining liquid
Stable base collateral for on-chain strategies
Integrations
Chainlink CCIP supports seamless bridging across chains
DeFi integrations (DEX LPs, lending protocols) coming in 2026
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