What is Yieldly?

What is Yieldly?

By ETHNomad | TheETHNomad's Blog | 13 Jul 2022


     Yieldly is the 🌎 first borderless, interconnected DeFi platform developed & designed on the Algorand Blockchain. Yieldly's goal is to empower users to exchange digital value without security risk, friction, or gas inefficiency. Yieldly is backed by top venture capitalists & it has been audited by an award winning cybersecurity firm. 

     Yieldly built the first set of Defi smart contracts that are native to the Algorand blockchain. Yieldly allows users to stake, pool & swap ASA assets. Yieldly unlocks further interoperability with infrastructure for Algorand in the 🌎-first bridge solution. ASA tokens can flow easily between all major protocols. The first use case is an ALGO-ETH bridge allowing for low cost, near instant token swaps between ecosystems. Yieldly encourages developer growth & it's a platform where innovative ASA projects can access users, liquidity, & speed past many hurdles in development. If you Hold ALGO and haven't heard about yieldly or any other ASAs I recommend you check it out and begin your journey using the Algorand ecosystem. I hope you enjoyed this quick, informative read. Til next time ✌ ☮ 

How do you rate this article?

2


ETHNomad
ETHNomad

Contemporary Artist creating unique PFP NFT collections on the ETH Blockchain. Here to share my experiences and talk about my interests ✌


TheETHNomad's Blog
TheETHNomad's Blog

This blog is dedicated to my work as an artist, my cryptocurrency investing, and my own personal thoughts, opinions, & experiences. In short, expect a bit of everything 💨😎✌️

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.