Yield Yak [Announcements]

2021-08-11 16:11:18 YAK Token Distribution

When YAK? Now. Or yesterday. In case you missed it, you can now claim your YAK tokens and stake them to receive AVAX, or autocompound YAK-AVAX LP tokens. Or trade them on YY Swap. The possibilities are endless.

Thank you for your patience. Congratulations if you received an airdrop

- Read: https://yieldyak.medium.com/yak-token-distribution-4c0383dee3ae
- Claim: https://yieldyak.com/claim
- Stake: https://yieldyak.com/stake
- Farm: https://yieldyak.com/farm Open / Comment

2021-08-01 10:39:14 Draft #3 YY Depositors Airdrop Distribution

Based on community feedback, we are sharing a third iteration of the depositor's airdrop. This version increases the granularity of snapshots from weekly to daily.

Before you review: the final numbers may change.


DRAFT #3 YY DISTRIBUTION FOR COMMUNITY REVIEW

https://docs.google.com/spreadsheets/d/152UANBr5fe6hDW6ZuxuU9sfHnF1i05ANQWhaANW86Zs/edit#gid=858707549

Paste your C-Chain wallet address into cell B3 to lookup your account.

Your turn: Next Steps

Review the list, check your accounts, and flag anything that looks off with the data. You alone are responsible for reviewing the accuracy of your account tracking and airdrop amount.

The previous lists are no longer relevant.

Thanks again to @AminRokhsaar for continued extensive work on the lists. Open / Comment

2021-07-31 23:44:10 July Contributor Report

For the month of July, community contributors collected payments as follows:
- @ASlowCheetah 1,101.40 AVAX (Development)
- @avocadozebra 1,000.00 AVAX (Development)
- @AminRokhsaar 100.00 AVAX (Development)
- @Dis_Z_siD 50.00 AVAX (Development)
- @Num1smatis 25.00 AVAX (i18n)
- AMA Winners 13.50 AVAX (Marketing)
- @abdullaheminb 79.78 AVAX (Design)
- @acap55 128.06 AVAX (Yak Guide)
- @Dinosaur50ft 128.06 AVAX (Yak Guide)
- @analysisdifficult 128.06 AVAX (Yak Guide)
- Markr 76.83 AVAX (Analytics)

Thank you

There are many ways to contribute to YY and be involved. For devs, check GitHub to see how your contributions can turn into ongoing revenue.

We are especially looking for data analysts to turn data from The Graph and other data sources into actions for the network. And, of course, we need defi experts to continue evolving our product. If you are interested, please contact @yyakman Open / Comment

2021-07-30 13:29:52 Draft #2 YY Depositors Airdrop Distribution

Based on community feedback, we are sharing a second iteration of the depositor's airdrop. Please reference the original announcement for background details.

Before you review: the final numbers may change.


DRAFT #2 YY DISTRIBUTION FOR COMMUNITY REVIEW

Edit: Please see updated versions

For your convenience, paste your C-Chain wallet address into cell B7 to lookup your account (thanks to @emreoztimur)

Changes

In the previous version, we found two issues:
1. Selected blocks were not spaced equally (depositors in the middle time period were over counted).
2. Platform TVL started to be incorrectly weighted to pools with limited activity starting around block 800K.

In order to address these issues, we spaced out the snapshots by choosing blocks with 1 week between them (check tab `Blocks`). And we modified the tabulation method to track platform TVL more reliably.

Thanks to @paddygo and others for identifying inconsistencies and helping track them down.

Your turn: Next Steps

Review the list, check your accounts, and flag anything that looks off with the data. You can dm @yyakman or post here.

The previous list is no longer relevant.

Any feedback on the methodology itself should be posted here.

Thanks again to @AminRokhsaar for continued extensive work on the lists. Open / Comment

2021-07-27 12:47:22 Review the YY Depositors Airdrop Distribution

YY Depositors will be eligible to claim a total of 5,000 YAK when the token is deployed. Based on community feedback, the airdrop is determined by time and TVL.

Before you review: the final numbers will change. Our intention with this draft is to share details about the methodology and identify now any omissions or errors.


DRAFT YY DISTRIBUTION FOR COMMUNITY REVIEW

Edit: Please see updated versions

Methodology

Every transfer, reinvest, deposit, withdraw triggers an update to the value of the platform, farm and user. We check price of underlying assets and assign value to user, farm and platform (in AVAX terms). Then we look at each user's share of the platform over a series of blocks. Using the average value (with wei precision 10^18), we come to a determination for their average % share of the platform.

The final numbers will change. We are missing about 6% of the TVL tabulation, which are being collected now. Another version of this sheet will become available.


Your turn: Next Steps

Review the list, check your accounts, and flag anything that looks off with the data. You can dm @yyakman or post here.

Any feedback on the methodology itself should be posted here.


Thanks

To our community for their patience and support.

To @AminRokhsaar for extensive work on the list. Open / Comment

2021-07-26 22:00:37 XAVA Farmers - Review your farms now!

Check your farms to make sure you are in the right farms and continue earning rewards.

1. Pangolin XAVA-AVAX rewards ended. Alternatives include the new Pangolin XAVA-AVAX (you must withdraw from the old pool and deposit to the new pool), or Trader Joe XAVA-AVAX ($$$) both on YY.

2. Avalaunche single-sided XAVA rewards ended. Alternatives include Baguette on YY.

Thank you for your patience during this migration. Open / Comment

2021-07-23 16:22:52 https://twitter.com/yieldyak_/status/1418561406744530945?s=21 Open / Comment

2021-07-21 16:20:21 Config changes passing through timelock

YY Quants, the wizards optimizing APY, regularly review pool performance and apply updates. Today's review covers mostly Trader Joe farms given continued change in liquidity structure across the network.

Today's Changes Benefit All Depositors

The changes benefit every depositor in the relevant pools, meaning farmers in these pools will automatically enjoy increased APY.

* Trader Joe AVAX-ETH, Reinvest 1% to 0.5%
* Trader Joe AVAX-XAVA, Admin 7% to 6%, Reinvest 1% to 2%
* Trader Joe AVAX-LINK, Admin 7% to 6%, Reinvest 1% to 2%
* Trader Joe AVAX-SNOB, Admin 7% to 6%, Reinvest 1% to 2%
* Trader Joe AVAX-USDT, Admin 7% to 6%, Reinvest 1% to 2%
* Trader Joe AVAX-DAI, Admin 7% to 6%, Reinvest 1% to 2%
* Trader Joe JOE-AVAX, Admin 7% to 6%, Reinvest 3% to 2%
* Trader Joe JOE-USDT, Admin 7% to 6%, Reinvest 3% to 2%
* Trader Joe JOE-DAI, Admin 7% to 6%, Reinvest 1% to 2%
* Trader Joe DAI-USDT, Admin 7% to 6%, Reinvest 1% to 2%
* Pangolin XAVA-AVAX, Admin 5% to 4%, Reinvest 1% to 2%

These updates are required to pass through a timelock, meaning they can only be activated after eight hours passes. The UI and smart contracts will automatically reflect these changes when they are live. Open / Comment

2021-07-11 20:53:18 Config changes passing through timelock

YY Quants, the wizards optimizing APY, regularly review pool performance and apply updates. Today's review covers all farms given significant changes in the shape of liquidity around the network.

Today's Changes Benefit All Depositors

The changes benefit every depositor in the relevant pools, meaning farmers in these pools will automatically enjoy increased APY.

* Trader Joe AVAX-ETH, Reinvest 3% to 1%
* Trader Joe AVAX-PNG, Reinvest 3% to 1%
* Trader Joe AVAX-XAVA, Reinvest 3% to 1%
* Trader Joe AVAX-LINK, Reinvest 3% to 1%
* Trader Joe AVAX-WBTC, Reinvest 3% to 2%
* Trader Joe AVAX-SNOB, Reinvest 3% to 1%
* Olive AVAX-USDT, Admin 4% to 3%, Reinvest 5% to 3%
* Pangolin AVAX-SNOB, Admin 2% to 4%, Reinvest 8% to 2%
* Pangolin AVAX-SUSHI, Admin 2% to 4%, Reinvest 8% to 2%
* Pangolin AVAX-UNI, Admin 2% to 4%, Reinvest 8% to 2%
* Pangolin AVAX-VSO, Admin 2% to 4%, Reinvest 8% to 2%
* Pangolin PNG-LINK, Admin 2% to 4%, Reinvest 8% to 3%
* Lydia AVAX-SUSHI, Reinvest 5% to 3%
* Lydia LYD-USDT, Reinvest 5% to 2%
* Lydia LYD-AVAX, Reinvest 5% to 3%
* Lydia LYD-PNG, Reinvest 5% to 2%
* Compounding GDL, Reinvest 5% to 3%
* Canary AVAX-ETH, Reinvest 5% to 1%
* Canary AVAX-USDT, Reinvest 5% to 3%
* Yetiswap AVAX-ETH, Reinvest 5% to 2%
* Yetiswap AVAX-ETH, Admin 2% to 3%, Reinvest 8% to 6%
* Yetswap AVAX-USDT, Admin 2% to 3%, Reinvest 8% to 6%

These updates are required to pass through a timelock, meaning they can only be activated after eight hours passes. The UI and smart contracts will automatically reflect these changes when they are live. Open / Comment

2021-07-08 17:38:09 https://twitter.com/avalancheavax/status/1413120818553495559?s=21 Open / Comment