88mph offers a series of fixed-rate APY pools for various assets, such as DAI, USDC, WBTC, and ETH. When users/protocols deposit assets into an 88mph pool, they earn fixed-rate yield that is redeemable at maturity, as well as MPH tokens as a deposit incentive.
For example, a 12-month deposit of 100 DAI will deliver a fixed yield after 12-month. If the fixed yield rate at the time of deposit was 10%, then the 88mph protocol delivers 10 DAI of yield to the depositor when the deposit reaches its maturity one year later.
Under the hood, 88mph pools lend deposited funds to variable-rate yield protocols such as Aave or Compound. To learn more about how 88mph converts a stream of variable-rate yield into fixed-rate yield, check out our documentation.
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compiance, and pirvacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
