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bobthomas_193

I originally bought into yieldly back at .006. I've loved interacting with the app daily and collecting my staking rewards. Yieldly is the OG but there are continuously more apps coming to Algorand. I've personally gotten into Tinyman LP pools and Algofi. With the current uncertainty of the market, I feel much more comfortable just holding Algo than I do yieldly. Their latest roadmap also doesn't get me excited like it used to. Just wanted to give my perspective from someone who's been in since the beginning but got out recently.


iamTheOptionator

Same here. I swapped Yieldly on MetaMask at .005 and planned on being a millionaire by now!😂 so same thing. I’m currently keeping 500K Yieldly for Pooling/Staking and dabbling in some other ASAs XET ARCC etc.


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implicitDeny2020

Anyone think that this could be a way for Yieldly to buy back a good portion of their tokens at a discount to be used for future pools? Let the value crash, buy back, release news about some features and pools to spice the scene up again? If they only have 10B to work with, only so many can be given out as rewards before either a new system needs to be developed or tokens need to be bought back. I bought the last two 20% dips, and feel warm and fuzzy about it. Am I an idiot living on hopium?


CryptoBumGuy

People are nuts to think yldy won't rebound and hit another ATH. The entire market is bleeding.


CrabbitJambo

Yet the TVL on pretty much every pool is going up. The Yieldly - Yieldly/Algo pool is highest it’s ever been!


Professional_Arm4560

NLL people holding algo... ... getting YLDY rewards, selling YLDY for Algo... ... and repeat. THIS IS THE WAY everyone else... ...bAgHoLdEr


Ojbillz

Algostake is the best right now.


CryptoBumGuy

Algostake team isn't doxxed and they don't use smart contracts. Not to mention the minimum stake that seems to change overnight. Most accounts shilling the project are new accounts with little to no karma. Algostake is a rugpull waiting to happen.


bluefootedpig

i say expect about 30-60 days of a general down or level... it will go up as more money pours into crypto, but remember crypto was a "risky" investment for people who could not get more than .25% ROI via bonds. But in my opinion, with more adoption means more money in general, so given ups and downs, the volume of money in crypto will go up. This is like how the index funds boosted the top 500 or so companies. Getting listed on the S&P 500 is a HUGE boost to share price, because so many people automatically just invest in that. Many people are just investing in BTC or ETH, but soon they will find algorand.


hashatforty

Anyone know why Akita is up 50%?


Chrisisvenom2

Could do with that Yieldly sell


MadManD3vi0us

The timing does seem conveniently perfect


[deleted]

Then the Akita to Akita pool drops. Insider trading if it does.


UsernameIWontRegret

A mod on the Akita sub said a modest whale sold out of Yieldly and into Akita because of the Polygon thing. A lot of people think Yieldly is dead now, whether if it’s true or not. I mean yeah the market is red but Yieldly even more so, down 63% in the past 30 days when most ASA’s have actually been barely affected by this market volatility.


pav313

They've said that their use case is being revealed in weeks time. Has nothing to do with yieldly in anyway


mmceathron

They buying Akita?


mattstover83

This is why AKTA is popping off today. Test net activity was leaked but nothing formally announced by the team yet.


rrwaaaawrr

Yeah. Some smart contracts were leaked and akita is going to be another staking token just like yieldly. Its still kinda hush hush. Head over to Akita sub for the deets.


soccerchamp99

I love Yieldly, and am still a believer, but it feels like there is no activity from the dev team since the Akita pool. Really hope they can keep up now that the algo space is starting to boom.


jobcloud

I think the activity has moved to Polygon blockchain lol


languishingonthevine

Polygon isn’t exactly mooning


alexm901

They still have a team working on algo


pav313

As was predicted as soon as they annouced the partnership....


[deleted]

And we were called "fudders" for warning people, too. For our legit concerns and critiques. ​ Hope you all like this bed.


CryptoBumGuy

Totally different team that does yesports.


PackAttack43011

They announced the new XET pools being developed


Little_Yesterday2614

There really is not much to be developed in adding a new pool, they literally just have to have the tokens in their wallet and add the already developed option to opt in on their site.


Ojbillz

Guys go check out Algostake, I think it's a good investment for long term.


achangewouldbenice

All that staking means jack now, pretty much lost my ass on yieldly, cant wait to ride this all the way to the bottom.


AbundantLife93

Yeah I sold 2 ETH to put into YDLY when it was around the 86:1 ratio. I thought I was a genius at the time. Really starting to get nervous these last few days.


sully9088

I remember when YLDY was around 150 per 1 Algo, then in the bull run it was 70 YDLY per 1 Algo. Get greedy when people are fearful, but be really careful with your money. This crypto game isn't over yet.


achangewouldbenice

I had a decent bag. Put another chunk in when tinyman came back because it was such a rock near the top of tinychart, but jesus, they have really shit the bed. First all the negative press with them bailing, then the no loss game ending. Then they've been stagnant. Not sure wether to bail now and cut my losses before it fully tanks. I dont see anything that gives me hope. I mean, is teal 5 gonna bring this thing back to .02 cents. I doubt it. Kinda sucks that ive been staking since ydly went live and all that is already in a loss.


njchil

Everything's down at the moment. Hold strong, it should be fine :)


CryptoBumGuy

We'll be fine


alexm901

Hood strong my dude


Best-Entertainment97

Ye I hear you Seb is dead and so is yieldly.


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[deleted]

Yup, did the same. Can't DCA if it only goes down.


Ojbillz

Have you checked out Algostake 511484048, they have amazing pool and Apr 🚀🚀🚀


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Ojbillz

25,000 apy thing was a mistake and it has been handled.


Vaginosis-Psychosis

tHis iS acTuALly bULlisH


Tomorrows_Nobody

Loving the discount you guys. Just bought me some more. I hope it dips even further! BULLISH /s


firl21

theoretically yieldly should drop in price by about .08% per day. so any stability in price or drop of less than that is good.


iamTheOptionator

Filling my Poke!


laveyzfg

Yup 126:1 , gotta get me some flamingos


dreamcatcher690

dang i got the same number 126/1 nice dip possible large liquidity pool withdraw


laveyzfg

Its discount time, december we where at 60:1 lol


jobcloud

Im in Yieldly but it seems to not be the cool thing anymore.


Vaginosis-Psychosis

Always has been.


87NWO2020

You guys have to look at TVL it’s growing people using yieldly.This is the market traders and trading bots nothing to do with yieldly specifically


CrabbitJambo

I came to basically highlight this. People claiming that people are abandoning Yieldly yet the TVL is highest it’s ever been and is still growing!


watchoutImhangry

This is a lie lmao... Yieldy TVL was at 143M before the YESP bullshit and now it is ar 66M, dont lie about this lmao


CrabbitJambo

You’re claiming the TVL is down around 85% 😂😂😂😂 And I’m the one lying! Ok I’ll humour you. Where are you plucking this info from? Which pool/pools? Care to be more specific?


squarecolors

The total TVL on the home page was indeed $143M+ not too long ago. If we’re measuring in YLDY, TVL might still be increasing, but these market moves aren’t going to make the conversion pretty.


CrabbitJambo

That’s an absurd way to measure it and the only reason of doing it that way is in order to create FUD. Virtually every single coin is down in value. So the other poster is saying that if people jump in in greater numbers if say Bitcoin drops then because the locked in price is lower (due to the dip) then things are bad? TVL is up, the value/price is down! You’d have to be thick as fuck to work it out this way!


idevcg

Your way to measure it is way more absurd because yldy is a useless shitcoin farm token. If I make an idevcgcoin and give people 10000% APR because I can give away as many of my worthless shitcoins as I want, therefore the supply increased by 100x, does that mean that the TVL on my shitcoin is going up 100x? That's just ridiculously stupid. There're way more yldy in the system. You can't do anything with them other than stake them for more useless shitcoins. Where else are they going to end up?


CrabbitJambo

Wow I’m shocked. Shocked that when others were attacking Yieldly and this sub you posted this 13 days ago: ‘go develop some self-awareness, and stop being toxic. Are you being paid by Cardano shillers to desperately attack the algorand community with your toxicity?’ I’ve read through some of your posts and you’ve gone from debating about your worries and calling others out for spreading shit to completely changing your tune and Yieldly is now a shit coin! Only 14 days ago you stated that you believe the price of Yieldly will go up! People are entitled to change their minds however you’ve gone from being pretty level headed calling others out for spreading nonsense and stating you don’t want others to lose money to now saying it’s a shit coin! What a ride man!


idevcg

> > Only 14 days ago you stated that you believe the price of Yieldly will go up! Wow, I can't believe you'd actually stalk someone like this. Get a life. But also, fucking learn to read within context. It's a shitcoin. Doesn't mean it can't still go up. I don't want people to lose money. So I'm warning people about all of the shit yieldly and people like you are pulling so they don't lose money. 100% internally consistent. And good job red herring away from the actual argument, which is your metric for TVL is extremely shitty and misleading because an inflationary farm token with no other use-cases is bound to all be added on to the only place they can be put. That doesn't say anything about the success of the farm token at all.


CrabbitJambo

Stalking? The amount of people spreading FUD, checking their posting habits is the only way to get to the truth! Just the other day one guy was saying he sold his Yieldly early in December yet in another post only heard of Algorand late in December! When it was pointed out he deleted his posts! Stalker 😂


CrabbitJambo

I honestly can’t believe you were quoting the value 😂😂😂😂


idevcg

yieldly supporters always seem to make lies and extreme misinformation about everything. That's one of the biggest reasons I sold out my bags way back in december.


alexm901

This thread is FUD central


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alexm901

They don't even use smart contracts. Also, found the algostake shill


CryptoBumGuy

Its always been the algostake guys spreading the fud. Its so obvious now.


TheHunBandit

I won't say i have not shit my pants either but you have to look at the market also, everything is dropping...


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achangewouldbenice

Prob that ydly doesnt give 2 shits and dipped to another platform.


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Professional_Arm4560

Yep endgame and then it is GAME OVER


Vaginosis-Psychosis

F


Professional_Arm4560

Don't Listen to those moonboys. It is your Money you are investing (I Hope so). There is no sign yieldly will deliver.


Vaginosis-Psychosis

Never was. I pulled out a few weeks ago after all the drama. I've just been scalping swaps since then and made a little cash so I'm fine with it. Would hate to lose my gains from the past few weeks though.


CryptoBumGuy

Found another fud alt account.


Vaginosis-Psychosis

Get over yourself


Professional_Arm4560

This is the way


scalper84

Well we in a bear market if you all haven’t noticed🤷‍♂️ btc and Eth probably making another dead cat bounce . Prices will drop all over for a while. I got my initial investment out late summer so this is just profits riding for me. with that said I’m not selling anymore yldy but I’m not exactly buying anymore yet either. I’m expecting prices to drop further.


SimilarResolution775

Yeah, check tinychart. You'll see red candle for yieldly and green candle for akta :) it'll be fine


achangewouldbenice

You know that akita candle is coming back right?


Present_Level9643

I bought another 1.5 million yesterday in the wee hours of the morning for 10.5k algo hell of a deal!


blindato1

I literally sold my entire bag at 2.5 cents. Had an emergency and needed to liquidate some funds and yieldly was on the chopping block at the time as the easiest coin to unwind.


553735

Lucky.


C3C076

No worries, it'll recover. By the rumor sell the news and DYOR. Edit: sorry wrong link https://yieldly.medium.com/yieldlys-teal-3-to-teal-5-staking-migration-the-process-explained-75ddc8cbfdba


USMLEAUTISM42069

shitcoin


whattheslark

Akita Inu to the moon


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CryptoBumGuy

You jackass, your post history is clearly fud.


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CryptoBumGuy

If you've sold then why are you here? To promote that algostake shitcoin?


c3p0u812

Nothing gets by you.


Ojbillz

Well I have moved my funds from Yieldy to Algostake 511484048 and I am not regretting that. I have been earning 🚀🚀🚀


unknownstranger2

Sold all my Yieldly for AlgoStake.