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For those who do not know. Yieldly is a staking platform for the Algorand Blockchain. People may use the Yieldly token to stake to earn other tokens based on the Algorand Blockchain. This makes it a neat way to dip your feet into many Algorand projects at once. You can earn even with small amounts. Last year I only staked $10 on a single coin and it grew in price so much I made $5 profit because that coin ended up going up so much. You never know what will go up but this service can help you not miss out.
Recently Yieldly released news of adding new liquidity pools everyday which made big news but this post is not to focus on that. Instead I want to focus on their updated "Upcoming" tab on their staking pools.
The staking pools is where you may earn new crypto for alot of new and exciting new projects.
Currently Yieldly has 6 pools you may choose from, and in just a few hours we will have one more. For the next couple days we will be recieving new pools so if you want to be early for a project then now is the time. Todays new staking pool will earn people Tiny. Here is a link to the projects website. https://tinychart.org/
Tinychart aims to provide a superior graphing and block chain analyzing service to Algorand. Their aim is to process information and make it easily digestable to investors. It is quite popular and probably one of the more important projects on the Algorand Blockchain.
As you can see in the image. The new staking pool will go live in just under 5 hours of this post. Tomorrow TREES goes live and as stated on their website. Located here: https://cryptotrees.earth/CryptoTrees uses blockchain technology to plant trees, save forests, and assist the global fight against climate change. Join the fight by earning crypto through games, initiatives, and community participation." In two days we will be able to earn BLOCK which will be some sort of new game on the Algorand Blockchain.
I am extremely bullish on Algorand and its growing ecosystem. I cannot wait to see where all these new coins take me on my Crypto Journey but patience is the virtue that pays off. You do not need to invest in EVERY project but the ones that appeal to you and you may remove your coins at any time. You may learn more about Yieldly, their audits, their white paper, and more here at https://app.yieldly.finance/about
This is it for my first post. I wish you all luck on your crypto journey.
If you wish to donate some Algorand or some Yieldly to me here is my wallet : GGQK2DYELNYE62QRGNY4B42LMXVT5AOE47DYTWQ2JDO2TIQRMSGNMFMDAQ
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