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Hey Yellers!!! ๐Ÿ“ฃ

Weekly Updates ๐Ÿ”ฅ

Monolend
- Everything is pretty much ready. We are doing final testing and polishing small bugs while optimizing UI.
- Currently there is no barriers, team sorted all tech issues. We will hold an AMA one week before launching MonoLend to provide brief intro for it.

DEX
- Fee distribution mechanics are still in progress. Devs doing unit tests and working on contracts.
- Designs and UI development still in progress.

dYEL
- Stealth mode for now.
Hey Yellers!!! ๐Ÿ“ฃ

Weekly Updates ๐Ÿ”ฅ

Monolend
- We succesfully uploaded all contracts to testnet and polishing all the functions through UI. OG's and community managers will join testing real soon.

Dex
- Team is working on tests on fees destribution contracts while waiting for UI. Still planned to launch in the first half of 2023.
- No limitations or barriers so far.

dYEL
- Waiting for better market. However, after Monolend launch team will update all the bonds to make sure we are ready to launch anyday.

Alpha : we have the deployed testnet contracts ready to share with you guys but we will wait for tweets from our loyal OG Yellers and share your tweets in TG. Let's get the word out stronger ๐Ÿ’ช๐Ÿป
Hey Yellers!!! ๐Ÿ“ฃ

Weekly Updates ๐Ÿ”ฅ

Monolend
- Team is still polishing all the functions through UI. We are expecting to finalize everyting during next 10 - 15 working days.
- OG's and community managers will join testing real soon.


Dex
- Team is working on tests on fee distribution contracts while waiting for UI. Still planned to launch in the first half of 2023.
- No limitations or barriers so far.

dYEL
- Started to update bonds, nevertheless still waiting for better market.

Happy Valentines day!โค๏ธ We love you Yellers!
Hey Yellers!!! ๐Ÿ“ฃ

Weekly Updates ๐Ÿ”ฅ

Monolend
- Polishing all the functions through UI.
- 99% ready, but need couple extra days for finalizing all small things and organisational moments.


Dex
- Work in progress. Still planned to launch in the first half of 2023.
No limitations or barriers so far.

dYEL
- Team will start updating bonds on Thursday this week.
- We believe dYEL can be launched at volatile steady market, and there is no need to wait for the bull run.
Even considering, we expect BTC at 20-30k range for another year.
If anyone thinks different and prefers to wait, please raise it to the team.
Hey Yellers!!! ๐Ÿ“ฃ

Ready for the gathering in YEL discord ๐Ÿ‘€, we will be hosting an AMA on Wednesday at 6.00 PM UTC โšก๏ธ

We will provide all the product related updates ๐Ÿ”ฅ, and will also answer all of your questions ๐Ÿ‘.
Would love to see you all in Discord https://discord.gg/TUdkE8z2tr
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Hey Yellers!!! ๐Ÿ“ฃ

Thanks for joining us in today's AMA but in case you missed out then no need to worry, we got your covered ๐Ÿ˜‰
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Hello ๐ŸŸฃYellers and ๐ŸŸกMonoLenders

๐Ÿ“ฃ๐Ÿ“ฃ๐Ÿ“ฃ๐Ÿ“ฃ๐Ÿ“ฃ

We are excited to announce that ๐ŸŸก Monolend is now officially live on ๐ŸŸฃPolygon.

We're thrilled of bringing this innovative lending protocol to the Polygon ecosystem. With the speed, security, and scalability that Polygon provides, Monolend users can enjoy fast and affordable transactions, as well as low fees.

We invite you to join us on this exciting journey and experience the benefits of Monolend for yourself. Whether you're a borrower looking for quick access to capital or a lender seeking to earn a return on your assets, Monolend has you covered.

Thank you for your continued support, and we look forward to seeing you on the Monolend platform.

dive in at : https://www.monolend.money/
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Hey yellers ๐ŸŸฃ

Here are some of the news coming up this week:

๐ŸŸ By the end of the month, we are expecting to launch EQ v2 strategies at production. Couple of them are live already in beta website for OGs. Strategies in EQ v2 will be orientaded on the real yield and flexability of scaling. APRs would be smaller, however the startegies are expected to perform way more stable than EQ v1. Also, as users join the strategy, growth of TVL will result in the increase of APRs. This happens due to larger share in the pools of Yellers and hence, greater portion of returns will be proxy paid in YEL tokens as rewards. EQ v2 startegies should be the best yield opportunities you can find in DeFi space. So we account for community support and help to spread awareness.

๐ŸŸ EQ v1 will be discontinued by the end of the month. We are aware that, due to outdated oracles, some of the strategies won't allow users to withdraw. The team, will call an "emergency withdraw" function and destribute all the funds in vaults to users, according to their shares (EQ tokens of specific vault). Fund will be destributed in the network native currency, and only for the vaults that got stucked.

๐ŸŸ We are planning to relaunch EQ v2 and launch xYEL staking model in August. Once, the real yield strategies will be introduced, we believe YEL should move to organic price auctions and healthy trading.

๐ŸŸ  The Team is not gone. We are here. Despite any FUD or disbelief, we will be following the plan and keep building. We still have dedicated developers, project leaders and designers, that will continue to work for the project. EQ v2, xYEL, Crosschain Dex and dYEL (once the time comes). Plan is same.
We will start being more loud once, products are shipped and marketing will take place.


P.S.

Updates regarding
๐ŸŸก Monolend will take place in Monolend discord/telegram community.


https://discord.com/channels/842381775984263258/842381775984263260/1133173778139070464


๐ŸŸฃ Website ๐Ÿ”ตTelegram ๐ŸŽฎ Discord

โœ–๏ธ X
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Hey yellers ๐ŸŸฃ

โšชEquilibrium V2 is live!๐ŸŽ‰

https://yel.finance/equilibriumV2

Join automated strategies and earn real yield! ๐Ÿ”ฅ

22 strategies available for you to choose between 5 networks!

We collected the best yield opportunities from :

๐ŸŸฃPolygon
๐Ÿ”ธBinance Smart Chain
๐Ÿ”ตFantom
๐Ÿ”นEthereum
๐Ÿ”ดAvalanche


Strategies are automated for rebalance and claiming, they generate real yield that can be captured in the form of YEL tokens as all earning swapped to YEL.

Therefore creating a progressive yield perspective as your YEL earned yesterday will cost more tomorrow! ๐Ÿ’ธ

The team will be constantly updating strategies and we are welcoming any yield suggestions for new strategies to implement!

Equilibrium v1 is discontinued ๐Ÿ”น

Anyone struggling with it please contact the team!


๐ŸŸฃ Website ๐Ÿ”ตTelegram ๐ŸŽฎ Discord

โœ–๏ธ X
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Refund_EQV1.pdf
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HEY YELLERS ๐ŸŸฃ

Since โšชEquilibrium V2 went live ,some users got stuck at V1.

Now, We already started to refund (you can confirm through txs and PDF below) those users from V1 Which was using strategies at:

๐ŸŸฃPolygon

https://polygonscan.com/tx/0xb9c6b14ec03b45e9fe6cb2901c45b5d94d76e5a9fcd1d01ab242fb0de9db1311

๐Ÿ”ธBinance Smart Chain

https://bscscan.com/tx/0x912d19137157cc78b15e24b299bedd23c343e89fb3e1b74818a6b24c623d2867

๐Ÿ”ตFantom

https://ftmscan.com/tx/0x70887c20a4dd0b72f91ac617376d0f55e11e85b2497936a57adcb685a2e7cd2f

https://ftmscan.com/tx/0x2dffcedbfa5704daa69d3456ee185d82ba3574dc7055253e15ecfd7978532824

Equilibrium V1 is discontinued ๐Ÿ”น

If Anyone is still struggling with it, please contact the team below


โฌ‡๏ธโฌ‡๏ธโฌ‡๏ธ

https://discord.com/channels/842381775984263258/1163603123995152434

PLEASE NOTE THAT WE NEVER PM YOU FIRST AND SHARE LINKS TO OTHER SITES

Team is constantly updating strategies and we are welcoming any yield suggestions for new strategies to implement.

OFFICIAL LINKS :

๐ŸŸฃ Website ๐Ÿ”ตTelegram ๐ŸŽฎ Discord

โœ–๏ธ X
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๐Ÿ”ˆ Attention ๐ŸŸฃYEL Community ๐Ÿ”ˆ

We're thrilled to announce that the snapshot feature for our voting system is back in action!

Your voices matter, and we're committed to providing you with the tools to make your opinions count.

Our first proposal revolves around a crucial matter:
determining the timeframe for users to migrate their ๐ŸŸฃYEL tokens from v1 to v2.

Your input on this topic is invaluable, as it directly impacts the community.

Please Joins us on our new Snapshot account !

NEW PROPOSAL โฌ‡๏ธ
https://snapshot.org/#/yelfinance.eth/proposal/0x123345ef229cab995476f2544048d3c18e74bf6dcbdf84811fadda0880a81ce4

Let's make our community stronger together! ๐Ÿ’ช

โžก๏ธ ATTENTION : FOR YOU BE ABLE TO VOTE, YOU'LL NEED TO UNSTAKE YOUR ๐ŸŸฃ YEL TOKENS FROM SPECTRE / EQUILIBRIUM
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Forwarded from Legnar
๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ

HEY YELLERS ๐ŸŸฃ

Today, we successfully launched the migration process and bridge through the Axelar ecosystem ๐Ÿš€

Stay Tuned; soon when we'll introduce a new wrapper (POTIONS๐Ÿงช) to replace Spectre, so that you can utilize your new YEL TOKENS in our ecosystem.

ATTENTION โ—๏ธ

โžก๏ธ AS THE COMMUNITY VOTED ON SNAPSHOT,THE MIGRATION PERIOD WILL BE 30 DAYS,AFTER THE MIGRATION PERIOD FINISH, YOU'LL NOT BE ABLE TO MIGRATE

THE FIRST STEP IS TO WITHDRAW ALL YOUR FUNDS FROM :

EQUILIBRIUM โšช AND SPECTRE ๐Ÿ’Ž

AS WE'LL HAVE A NEW TOKEN, THE CURRENT ONE (๐ŸŸฃYEL) WILL BE DEPRECATED,SO, PLEASE PROCEED WITH MIGRATING YOUR TOKENS

You can use the link below to proceed with the migration โฌ‡๏ธ :

https://yel.finance/migrate

โžก๏ธ PLEASE REMEMBER, WE WILL NOT DM YOU TO HELP OR ADD YOU TO OTHER GROUPS REGARDING MIGRATION.

โžก๏ธ THE ONLY WAY TO MIGRATE IS THROUGH OUR OFFICIAL WEBSITE; DON'T FALL FOR SCAMS!

Stay tuned for more updates ๐Ÿ’œ
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HEY YELLERS ๐Ÿ’œ

New feature Alert ๐Ÿ”ˆ

We've launched the Bridge function powered by AXELAR

You can now transfer ๐ŸŸฃYEL token across the following 9 chains:

โ€ข๐Ÿ”ท Ethereum
โ€ข๐Ÿ˜€Binance
โ€ข๐ŸŸฃPolygon
โ€ข๐Ÿ”ดAvalanche
โ€ข ๐Ÿ˜€ Arbitrum
โ€ข๐Ÿ”ตFantom
โ€ขโญ•Optimism
โ€ข๐Ÿ’ฐBase
โ€ข ๐Ÿ…ฑ๏ธ Blast

dive in at :

https://yel.finance/bridge

Stay Tuned fore more updates
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HEY YELLERS ๐ŸŸฃ

๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ๐Ÿ’ฌ

We are excited to announce that the migration from V1 to V2 has finally been completed successfully!

๐ŸŸฃ For those who experienced issues and got stuck at ๐Ÿ”ดAVALANCHE /๐Ÿ”ตFANTOM networks, we have good news. You will receive your new tokens in the wallets provided by our team!

In the meantime, our team is working on finishing up with the new products, we can't wait to share with you ๐Ÿงช

๐ŸŸฃ Please note that from now on, the team will ONLY mint new tokens for those who PROVIDED THEIR WALLET ADDRESS DURING THE MIGRATION PERIOD.

โžก๏ธ We will review each wallet individually, in order to avoid migration abuse and this will take from 7-14 days , depending on quantity wallets provided.

๐ŸŸฃMigration is no longer possible!

Thank you for your patience and support during this migration process.

Stay tuned for more updates! ๐Ÿ’œ
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ATTENTION TO ALL LP HOLDERS AND YEL HOLDERS! ๐ŸŸฃ

As migration is finished, the team will start with liquidity migration.

๐ŸŸฃThis is your last 6 hours to undertake any action with old Yel Token

๐ŸŸฃ Liquidity pools with new Yel Token will arrive with the launch of new products.

๐ŸŸฃAlso, we want to make sure all Yel holders are in same fair conditions, thus we'll launch everything whenever all the wallets who had problems with migration will be reviewed and manually migrated by the team.

Stay tunned! More to come ๐Ÿ’œ
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HEY YELLERS ๐ŸŸฃ

We are excited to announce that we will be hosting an AMA (Ask Me Anything) session on :

https://discord.gg/VYMTWraz?event=1245761069276860527

๐Ÿ—“ Date: Tomorrow
๐Ÿ•’ Time: 15:00 UTC

This is your chance to ask any questions you have, so get ready to join us ๐Ÿ‘€

We look forward to seeing you there! ๐Ÿ”ฅ
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HEY YELLERS ๐ŸŸฃ

Due to health reasons, we need to reschedule our AMA (Ask Me Anything) that was originally planned for today.

โžก๏ธ https://discord.com/channels/842381775984263258/854768995005497364

The new date and time will be tomorrow at 15:00 UTC.

We apologize for any inconvenience caused and appreciate your understanding.

We look forward to seeing you there! ๐Ÿ’œ
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YEL FINANCE AMA 1-06-2024.flac
189.4 MB
YEL FINANCE AMA RECAP ๐ŸŸฃ

We wanted to thank everyone who joined us for our recent AMA session.

For those who couldn't attend, donโ€™t worry! Weโ€™ve got you covered!

ROADMAP UPDATE :

We brought back ROADMAP , so you can check our current plans and stay informed about our progress.

Thank you for your continuous support and engagement.

Stay tuned for more exciting updates

Above, you can download and listen the recorded AMA:
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2024/06/08 06:57:31
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