TechFlow news, April 28 — Bybit users can now access its on-chain earn and Bybit Savings products via API. Expansion to additional yield-bearing products through API is also underway.
This new feature unlocks seamless connectivity to Bybit's infrastructure for institutional users and developers, enabling them to manage yields more efficiently, automatically, and at scale, while efficiently generating strategies. Bybit's on-chain earn products aim to help users participate in on-chain financial opportunities such as staking and liquidity protocols, offering a DeFi-like experience without requiring complex technical operations to interact with smart contracts on public blockchains.
Key features:
- Overview of currently available on-chain earn products, with filtering support by token and product category (LST, non-LST, or Mint).
- Detailed product data including estimated annual percentage yield (APY), staking terms, redemption timelines, minimum and maximum limits, exchange rates, and reward distribution mechanisms.
- Historical and real-time tracking of staking and redemptions.
- Summary of current positions and accrued rewards.
- Programmatic access to supported yield products, with subscription and redemption capabilities.
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