About Yieldly
Yieldly wants to help people re-conceptualize value and the way it is exchanged. Yieldly believes digital value should be exchanged swiftly, simply, and safely and are working to set the industry standards by which people will transact interact with blockchain technology. The Yieldly DeFi ecosystem is comprised of four foundational pillars built on the Algorand blockchain. First, Yieldly’s purpose-built smart contracts enable developers of ASA tokens (“Algorand Standard Assets” comparable to ERC20 on Ethereum) to easily create staking and rewards systems on top of Algorand. This opens up the Algorand ecosystem for many use cases that are currently booming on other blockchains such as yield farming, NFT distribution, and social rewards systems. Next, Yieldly has built the first no-loss lottery designed to harness Algorand’s rewards system, aggregate rewards, and distribute them to users. Akin to PankcakeSwap and PoolTogether on their respective ecosystems, Yieldly’s no-loss lottery will unlock deep liquidity on Algorand. Third, Yieldly wants to make it easy for anyone to access Algorand and experience the many benefits of DeFi. To that end, Yieldly will release a cross-chain token bridge in June that will allow swapping of ASA YLDY for ERC-20 YLDY. Finally, Yieldly will build out further bridges to expand the pathways for any ASA native token holder. This will drive new users and more liquidity to Algorand. After the smart contracts enable users to build staking and rewards systems and open pathways for more liquidity to flow into the Algorand Network, Yieldly will unite the ecosystem via an automatic market maker (otherwise known as a Decentralized Exchange or DEX). This component has the potential to elevate Algorand to achieve mass adoption as a leading DeFi protocol.
Get up to $200 for getting started
Sign me up
Market Stats
Market Cap
Not enough data
FDV
$29.05K
Circ. Supply
Not enough data
Max Supply
10B YLDY
Total Supply
10B YLDY
Diluted Valuation
$53.46K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$297.29
-67.58%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.10
Price Change (1Y)
-87.38%
Additional info about Yieldly
Recent trends
The latest YLDY price is $0.00000290. Compared to Yieldly's value of $0.00 from 24 hours ago, there's been a -50% decrease, while the current price is -57% down from $0.00 which was recorded one week ago. Yieldly's all time high is $0.10, which was reached on May 21, 2022. This is a -100% change from its price today.
The fully diluted valuation of Yieldly is $29.05K. The diluted valuation of Yieldly is $29.05K.
Market details
YLDY vs markets
↘ 89.84%
YLDY vs BTC
↘ 91.46%
YLDY vs ETH
↘ 81.09%
Tags
defi
trustswap-launchpad
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x88cb253d4C8caB8CDF7948A9251Db85a13669E23 | |
Algorand | 226701642 | |
Harmony | 0xf498a433819a5db3dfcc110100527cf4bfcafe47 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000290 | ↘ 49.78% |
1 Day | $0.00000578 | ↘ 49.78% |
1 Week | $0.00000679 | ↘ 57.22% |
1 Month | $0.000011 | ↘ 74.01% |
1 Year | $0.000023 | ↘ 87.38% |
FAQ
Yieldly is a borderless and integrated DeFi platform developed by Algorand. The platform aims to enable crypto users to exchange cryptocurrency without any inefficiency, friction, or paying any gas fees. The users pay gas fees to compensate for the energy used for executing and validating transactions on the blockchain.
The Yieldly platform enables Aglorand standard asset (ASA) projects to access liquidity and users, assist in developing, and help adoption. The platform built a set of DeFi smart contracts for Algorand that lets users pool, stake, and swap assets. Smart contracts are just like regular contracts, but instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.
Yieldly developed a cross-chain bridge solution that aims to allow all Algorand standard asset (ASA) tokens to flow between protocols. ASA tokens are a type of standard asset used on the Algorand Protocol. The cross-chain bridge seeks to lower costs and enable instant token swaps between platforms. YDLY is the native token of the Yieldly platform.
Furthermore, the platform seeks to offer the following products:
Yieldly was founded by Sebastian Quinn, Simon Giles, and Aron Turner. Quinn is currently the CEO of the platform, whereas Giles is the head of the product, and Turner is the CTO. Some of the team members include Kristy Bayley (COO), Oleksandr Rybalko (technical cofounder and lead solution architect), Nina Stammbach (operations manager), Dmitry Serdyuk (technical cofounder and lead frontend engineer), and Kristopher Perry (frontend developer).
We update our Yieldly to USD currency in real-time. Get the live price of Yieldly on Coinbase.
The current market cap of Yieldly is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Yieldly is $0.10. This all-time high is highest price paid for Yieldly since it was launched.
Over the last 24 hours, the trading volume of Yieldly is $297.29.
Assets that have a similar market cap to Yieldly include Penguin Finance, Mimo Governance Token, One Basis, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Yieldly is 0.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Yieldly calculator
1 Yieldly (YLDY) to Canadian Dollar (CAD)
CA$0.00000397
1 Yieldly (YLDY) to British Pound (GBP)
£0.00000214
1 Yieldly (YLDY) to Real (BRL)
R$0.000016
1 Yieldly (YLDY) to Euro (EUR)
€0.00000254
1 Yieldly (YLDY) to Nigerian Naira (NGN)
NGN 0.0045
1 Yieldly (YLDY) to Singapore Dollar (SGD)
S$0.00000373
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.