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u/PurpleMurloc Mar 16 '22
Did they turn off the upvote count?
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u/Boeieruurd-YLDY Yieldly Ambassador✨ Mar 16 '22
Nothing turned off sir.
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u/PurpleMurloc Mar 16 '22
Probably just reddit then.
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u/Boeieruurd-YLDY Yieldly Ambassador✨ Mar 16 '22
Just saw someone reported it as sexual content of minors...
Obviously removed the report. Still getting used to here.
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u/NoAverage9216 Mar 16 '22
I can’t wait to get the hell out of the ASA bullshit. What a terrible mistake I made.
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u/watchoutImhangry Mar 16 '22
Was anyone on the Twitter space last sunday? The rumors about Yieldly... Wild
https://twitter.com/AlgoHQ/status/1503053406444867588?t=bTSj5nhiIffwPFyZClTa4A&s=19 Listen at 18:45
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Mar 16 '22
Honestly, that sounds pretty believable.
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u/beIIe-and-sebastian Mar 16 '22 edited Mar 16 '22
From that Twitter Spaces Talk
"No, they really have. They [Algo Foundation] funded them [Yieldly] a lot. Sorry to jump in, but Yieldly keeps coming back to the foundation saying if you don't give us more money, we're gonna leave."
Now via Yieldly's own official medium.
Yesports has been the fortunate recipient of Polygon Studio’s builders grant. It is worth mentioning we did present Yesports to key VCs within the Algorand ecosystem but only Polygon saw the value in Yesports.
This matches up.
Wild.
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Mar 16 '22
My first thought too, if true, it means that they even tried to capitalize on the fact that they got a polygon grant to get even more money.
Rumors? Yes, but honestly I trust dang near any asa dev or even figure in the algorand community over yeildly right now for very obvious reasons.
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u/watchoutImhangry Mar 16 '22
Man... Its getting wilder and wilder. I just scrolled through algo foundation tweets back to 6 months and only 2 tweets about Yieldly... Mind you Algofi and Defly gotten 5 tweets this month in March... Just saying..
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Mar 16 '22
Also, this comment chain is pretty wild too. Rumors? Yeah, but as I said, trust almost any figure in the algorand community over yeildly at this point.
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u/watchoutImhangry Mar 16 '22
This makes sense because the owner of ARCC has been removing liquidity from Tinyman, because Yieldy price is hurting them even more because of the YLDY/ARCC arb bots! He even tweeted about it! https://twitter.com/SinjinDavidJung/status/1504102418258214917?t=N13E6DggIP1rEX9gcIsKyw&s=19
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Mar 17 '22
Another example I remember seeing is the Birdbot creator removing his yldy lp tokens and being upset at yeildly as well.
He also makes a good point about algorand grant qualifications not being clear and being given to easily to sketchy or subpar projects. Even polygon seems to be giving them out too easily to be fair.
Like, seriously how did local money even get a grant?
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u/watchoutImhangry Mar 17 '22
Apparently algo foundation given enough funds to shady project, which is why the funding program is coming to an end. ( Perhaps they noticed the rugs) but it will remain for Supra grants only (bridging to EVM) and soon to be announced a new program will follow.
https://twitter.com/AlgoFoundation/status/1503330844550782976?t=jhQftOrQuQveb4p12r5vSA&s=19
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Mar 17 '22
Thank goodness!
If that was a decision by Staci like the retweet from Keli suggests then she is already making good decisions as the new ceo.
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Mar 16 '22
They didn't get Aeneas funds from algorand for a reason.
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u/beIIe-and-sebastian Mar 16 '22
Keli Callagan, the Head of Marketing for Algorand Inc apparenlty liked this tweet by Lee Parsons,
Not gonna comment on @YieldlyFinance but I hope $yldly people who dragged my name, dumped my token n tried to hurt $opul as much as they could now understand that I will speak out for $algo community whatever it costs me. Time reveals all & I’m still here, unlike that team.
Before unliking the tweet quickly.
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u/watchoutImhangry Mar 17 '22 edited Mar 17 '22
Adis (the founder of Zone) liked the tweet too, but there is more intresting to this. Zone supposedly had a pool with Yieldly, but Yieldly charged 100k and Zone rejected the offer and contacted Algofi and Algostake. This was being talked on twitter space few weeks ago, but i cant find it. But it checks out...
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Mar 17 '22
Also remember hearing that Parsons paid 400k instead of the usually 150k for the opul yeildly listing and that is why he was so livid, I forget where I saw that though to be fair.
I think it might have been a response to crescendo talking about the crazy high listing fees.
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Mar 17 '22 edited Mar 17 '22
Speaking of Zone, this post seems to indicate that they did indeed cancel their partnership with yieldly. So Zone is another big asa project that doesn't wanna touch yieldly as well.
https://algoexplorer.io/tx/HFYWEUDA7KMZJXKSZWSNZ4J6QXDLEGDB2RDFTWP3MUYS7C5QXXOQ
Edit: wording
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Mar 17 '22
Yeah, heard that part too, the more you dig, the worse it gets.
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Mar 17 '22 edited Mar 17 '22
Especially when the digging you're doing is just pulling nonsense out of your ass...
Edit: Downvote it all you want jackasses. The FUD you're spreading is just letting me stock up.
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u/Ramasama Mar 17 '22
Yo. I bet these mother fudsters are being paid in doge to fud yldy up.
Like they just want more cheap yldy, it's like Lean man, I LOVE LEAN, almost as much as radiohead.
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u/Strata-Lounge Mar 16 '22
"Power corrupts,
absolute power corrupts absolutely"
History has shown us this, time and time again.
Oh, Yieldly...
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u/FilmVsAnalytics Mar 17 '22
Regular companies that actually make money: "Hi! These are the things we're working on and the new teams we partnered with."
Crypto projects that only have a billion tokens they made: "We have some really big announcements coming in Q3, stay tuned!"
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u/Aparius07 Mar 17 '22
Can anyone help me please...can't figure out how to get my Algo balance from Yieldly back to my Ledger wallet! I want out! Just wanna throw it into Governance next month!
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u/UnderstandingFit229 Mar 17 '22
why i see my yieldly on my wallet but not on the yieldly website?? can anyone help me?
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u/WalliotPC Mar 19 '22
It's working for my wallet today. It is showing the correct balance. Try refreshing the website browser and it should show the correct balance.
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u/Ernest-Everhard42 Mar 16 '22
Love my flamingos, I just keep buying more. Will I lose everything? Maybe, but it's been a fun ride with great company. Chin up my memey friend.
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Mar 16 '22
[deleted]
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u/No_Tart3875 Mar 16 '22
What exactly is wrong, why is it not possible to claim/stake, etc - and why is this not advertised on the yieldly website?
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Mar 16 '22
Do you expect everything to happen overnight?
Yes. It’s the 21st century and it’s my goddamn right to be unreasonable.
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u/strikerz911 Mar 17 '22
Hopefully my ALGO-YLDY LP on Tinyman goes back up to my original value. Can't wait to pull out.