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Firelight Brings Onchain Protection to Kraken Protected Strategies USDC Vault

Published Source: BeInCryptoRead original

Crypto Insight Summary: Firelight’s first major exchange integration brings programmatic onchain cover to a Kraken USDC vault. Firelight, an onchain cover-enablement protocol for DeFi,  today announced its integration with Kraken Protected Strategies USDC on Kraken DeFi Earn, bringing built-in protection to one of the largest onchain earn programmes in the industry. The integration is Firelight’s first with a Crypto Insight Analysis: Direction: Bullish KRAKEN / Neutral DEFI Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Enhanced security for Kraken's USDC vault may attract more users, but broader DeFi impact is limited.

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Firelight Brings Onchain Protection to Kraken Protected Strategies USDC Vault — Crypto Insight