POPA ReconKraken Launches Bitcoin Vaults With Up to 2.5% APY
Kraken Launches Bitcoin Vaults With Up to 2.5% APY Kraken launched Bitcoin Vaults, letting users earn up to 2.5% APY on their BTC holdings directly on the exchange. Deposits are put to work via on-chain infrastructure by Veda, with lending and borrowing strategies managed by institutional DeFi firm Sentora across Aave, Morpho, and Tydro. Providers take a 25% performance fee, already factored into the quoted yield. Withdrawals are available at any time but subject to a 5-day processing period. Unlike previous centralized yield products that collapsed post-FTX, the returns are sourced entir…
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