Kraken launches "DeFi Earn" service, opening up on-chain yield products to users in the US, Europe, and Canada.

PANews reported on January 26th that, according to The Block, Kraken announced the launch of its DeFi Earn service in the US, EU, and Canada. Users can earn up to 8% annualized returns by integrating with yield-generating vaults provided by Veda. The initial USDC vaults are managed by Chaos Labs and Sentora, and funds will be allocated to mainstream protocols such as Aave and Morpho.

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