Overnight
Announcements
Overnight is a cutting-edge DeFi platform designed to maximize users' earning potential. By combining the stability of traditional financial instruments with the advantages of blockchain technology, Overnight transforms how individuals engage with the financial ecosystem.
At its core, Overnight is a decentralized finance protocol specializing in stablecoins and neutral-risk strategies, offering users enhanced yield opportunities while maintaining stability. The platform introduces stablecoins such as USD+, USDC+, USDT+, DAI+, ETH+ and xUSD which are designed to preserve a stable value relative to their underlying assets.
Overnight.fi focuses on asset management with a specialization in neutral-risk strategies. The flagship product, USD+, is a yield-driven stablecoin fully backed by collateral rooted in DeFi strategies that generate returns.
About Chainlink
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, compliance, and privacy 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.
