Yieldly is bringing Defi to the area. Yieldly wants to help people re-conceptualize value. Digital value should be exchanged quickly, simply, and safely, and Yieldly is working to set industry standards for people to transact with. The four pillars of the Yieldly Defi are built on the Algorand block chain. It is possible to create staking and rewards systems on top of Algorand with the help of Yieldly's purpose-built smart contracts. Many use cases that are currently booming on other blockchains, such as yield farming, NFT distribution, and social rewards systems, can now be found on the Algorand. The first no-loss lottery was built by Yieldly to distribute rewards to users. Similar to PankSwapcake and Pool Together, Yieldly has a no loss lottery. It is Yieldly's goal to make it easy for anyone to access the benefits of Defi. In June, Yieldly will release a cross-chain token bridge that will allow the swap of the ASA YLDY for the ERC-20 ylDY. Further bridges will be built by Yieldly to expand the pathways for any native token holder. There will be more users and more money to be made. After the smart contracts enable users to build staking and rewards systems, Yieldly will unite the ecosystem via an automatic market maker.
