From the beginning, the Yield Yak community has contributed to the platform and created the #2 project by TVL on Avalanche with the best, cheapest and most diverse autocompounder on the market.
Yesterday, the distribution for the YAK token started. This represents the community-led vision for how to manage and grow this critical component of the Avalanche defi ecosystem.
The YY community literally runs and manages the platform. We want to highlight the contributions from dozens of contributors so far. Our community:
- Continuously compounds rewards on behalf of farm depositors
- Develops new compounding strategies and products (like YY Swap)
- Designs UI/UX improvements
- Optimizes returns for users by analyzing platform data
- Manages an Opinionated Treasury for a sustainable ecosystem
- Moderates community channels
- Shares updates with the broader Avalanche and defi communities
- Researches new defi products for integrations
- and more…
Our secret for growth has not been us as a team — it has been our community. That is more than our team could do alone, and we are in awe of every one’s contributions so far. 👏👏👏
Yield Yak is in good hands and its future could not be brighter. YY Farms are performing well. YY Swap volumes are quickly growing. The launch of defi lending platforms on Avalanche is around the corner. We look forward to building the future with our contributors and community, new and old.
YAK Token Details
The Yak Token is an ERC-20 minted on the Avalanche chain with a fixed total supply.
- Name: Yak Token
- Symbol: YAK
- Decimals: 18
- Total Supply: 10,000
- Address: 0x59414b3089ce2AF0010e7523Dea7E2b35d776ec7