Description
Yellow is a Web3 protocol that utilizes state channel technology to allow developers to build applications on any blockchain efficiently and securely. The core of the ecosystem is the Yellow SDK, a high-performance, chain-agnostic development toolkit designed for the next generation of decentralized applications. The platform facilitates trustless trading through its native clearing protocol, which eliminates third-party involvement for secure and automated transactions. By using off-chain communication pathways, Yellow aims to reduce network congestion and high fees, enhancing scalability. Its infrastructure supports various use cases, including gaming and Real World Assets (RWAs). The ecosystem also features the Nitrolite Protocol, a modular stack for building scalable cross-chain apps, and NeoDAX, a flagship product for building crypto brokerages with turnkey liquidity. The Yellow Clearing Network connects multiple exchanges to share liquidity, and the native $YELLOW token is used for transaction fees, network access, and staking.