Yield Yak [Announcements]

2021-12-24 00:19:51 Early Yakmas gifts have arrived!

You will notice some major site changes have been made today to improve farm visibility and understanding of APY and compounding, plus significant mobile navigation improvements.

Just in time for Yield Season

Share with us your feedback and happy yield farming friends Open / Comment

2021-12-23 22:07:16 New Double Reward Farm

Just added: Trader Joe and our partners Imperium Empires’s Double Rewards farm:

$IME / $AVAX - rewarding both $JOE and $IME compounding back into your LP position for you on Yield Yak.

To find and deposit, filter by 'New Farms' at YieldYak.com/farms Open / Comment

2021-12-19 23:36:59 Six new Trader Joe farms added today for auto-compounding with something for everyone.

Double reward farms auto-compounding for some huge APYs:

PTP / AVAX - Our partners at Platypus currently delivering face-melting >900% APY
KLO / AVAX - for your metaverse farming fix
CLY / AVAX - farming alternative if you aren't already staking CLY
gOHM / AVAX - for the bridgoors, good option to put your interest-bearing OHM to work

Plus:
USDC / USDC.e
ALPHA / AVAX

yieldyak.com/farms Open / Comment

2021-12-18 19:16:17 We hear you, yield optimisers.

Introducing more farming information than ever before with an updated UI to help you farm effectively on Avalanche.

Click into farms for more information on underlying strategy and platform
Daily, weekly, monthly APY based on ACTUAL performance, not future assumptions.
ARC section updated to let you transparently track daily platform distributions over time

Let us know what you think and other features you'd like to see added in the future. Open / Comment

2021-12-11 21:23:29 The community have spoken, and with a 100% vote in favour, rewards for YAK stakers have been increased from 33% to 70% of platform revenue using the ARC distribution as of today.

More than a 2x increase.

It will take 7 days for the full effect of the change to be complete as ARC smooths rewards out over a 7 day period.

Enjoy the increased rewards friends. Open / Comment

2021-12-11 16:25:47 We're partnering with Cook Finance, the first to offer Avalanche Indexes, to help optimise their Stablecoin Index.

Using Cook's indexes, you can earn Yield Yak APYs + COOK rewards. To dive in a bit more, we head to the blog.

yieldyak.medium.com/yield-yak-anno… Open / Comment

2021-12-10 18:56:19 AMA with Imperium Empires starts in 1 hour

Learn all about the 1st AAA-quality Metaverse GameFi 2.0 game coming to Avalanche and how they're integrating #DeFi

Join us on our Telegram t.me/yieldyak for the AMA at 17:00 UTC

Telegram will be muted for the AMA. During this time you can use the Discord or Telegram trading channel for support. The links to these are https://t.me/YYtradingtalk & https://discord.gg/AeFZCuShh8 Open / Comment

2021-12-08 17:10:13 Yield Yak are proud to announce that they are official partners of the Moralis Avalanche Hackathon.

Anyone can take part to fight for the $500K in prizes up for grabs, including $80K in prizes for Yield Yak sponsored features, including:

$20K x 2 — Best Use or Innovation of Yield Yak’s Interest-Bearing Assets
$20K — Best Overall Custom Router for Yield Yak Swap
$20K — Best Front-End Integration for Yield Yak

To find out more how you can get involved as a developer or creator, head to the Yield Yak blog:

https://yieldyak.medium.com/yield-yak-joins-moralis-avalanche-hackathon-as-partner-27639e4db30b Open / Comment

2021-12-07 16:31:15 Governance has arrived. Holders of staked $YAK and any staked YAK LPs can now participate in protocol decisions and governance.

Yield Yak has opted to leverage the decentralized voting system from Snapshot. Snapshot has quickly become the industry standard for decentralized, off-chain voting.

Your voting power is determined by how many YAK you have staked. The balance is called vYAK (Voting YAK). vYAK is non-transferable and based on the number of staked YAK you have (1 YAK ≈ 1,000 vYAK). You can see your vYAK by connecting your wallet to Yield Yak.

Any YAK tokens (single-side staking or in LP positions) on the ‘Stake’ page of Yield Yak count towards your vYAK count.

To find out more about how Yield Yak has been governed to date and how we envision this will help shape Yield Yak's future, read more on our blog:

https://yieldyak.medium.com/use-your-yak-to-help-shape-yield-yaks-future-527790b9697d Open / Comment

2021-12-04 10:59:32 Proud to welcome our friends at Platypus, an upcoming AMM who have big things planned for the Avalanche Stableswap space, as partners and confirm our treasury investment in line with our strategy of supporting innovative native projects on Avalanche.

You can expect Platypus farms and Swaps coming to Yield Yak in the near future.

Read more about the partnership: https://yieldyak.medium.com/yield-yak-teams-up-with-upcoming-stableswap-platform-platypus-with-latest-treasury-investment-eb91135f6340 Open / Comment