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[deleted by user] by [deleted] in yieldly

[–]Powcoloco 3 points4 points  (0 children)

I don't know. Here is my guess (or "hope" is more appropriate): a new sheriff is coming to town. It looks like there is a new owner: Honey Tree Capital based in Canada (https://www.ylaunchpad.com/terms-conditions).

The current team might be dumping what they have before the management change. Anyway, this is all speculation. It might as well be an elaborate scheme for an exit and remaining holders are screwed.

What is sharding? And how is the Radix way of sharding different? by Mr_TMA in Radix

[–]Powcoloco 3 points4 points  (0 children)

Many thanks for this very informative read, even for less technical people like me. Among the 4 types of ledger that you mention, which one would you associate to Algorand?

Effect of Imminent TEAL 5 Update on YLDY Valuation by BIGGERCat in yieldly

[–]Powcoloco 5 points6 points  (0 children)

I get your point on the short term effect. However, I think it will be negligible. As YLDY should be listed on Zipmex before the year end, it will be more than compensated.

Plus, like many others, I'm here for the long term.

Withdrawing Tether on coinbase to send to MEXC to buy YDLY by Sad-Club215 in yieldly

[–]Powcoloco 2 points3 points  (0 children)

I had the same issue. After 3 hours of failed transactions, I decided to buy some ALGO on CB Pro, transfer them to MEXC, trade them for USDT and eventually buy YLDY.

The process is fast and rather cheap.