YIELD Update 3!

yieldforge in Synergy Builders • 9 hours ago

We are trucking along and despite the biggest hack in the history of crypto, we are up and to the right in dollar terms by 224 dollars, having started the period at $5707 dollars.

With 19300 tokens in circulation and HIVE at 33.8 cents, we are currently at a hive backed value of ~0.91 HIVE.

You can always check our debank wallet here at any time.

I am not sure exactly what this screen means, but it was shared by @abrockman to me and he is clicking the buttons for us and seems to be going pretty well so far.

Play safe, and watch the @yieldforge account for up to date announcements, we have 2 or 3 weeks left but I will always give 3 days update before we take a week off for dividends and the like.

Stay frosty out there YieldTeam!

Freedom and Friendship

#yield #hive-engine #defi #leofinance #archon #pimp #proofofbrain #cent #vyb #ctp

9 hours ago in Synergy Builders by yieldforge

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roleerob 7 hours ago (edited)

I can help you with this, @yieldforge:

"I am not sure exactly what this screen means ..."

Opening YIELD's DeBank wallet view, anyone can see there are 13 DexFi Vaults - 10 on the Base blockchain and 3 on the Arbitrum blockchain. Each of these is generating profits. At the time they are created, the Vault creator sets how the profits are invested.

The option on one side of the spectrum is 100% compounded, i.e. all the profits go back into purchasing additional shares of whatever LPs are in the DexFi Vault. The option on the other side of the spectrum is 100% profit taking. In this case, the profits are claimed and paid out into whichever ETF option the creator chose, from the ETF options available on the blockchain where the DexFi Vault resides.

So ... With all that said, the image you have provided indicates there is a total of $239.86 in profits available to claim into whatever ETF has been selected for each of the 13 DexFi Vaults into which YIELD's wallet has invested.

FWIW 1: When the creator sets up the vault, it is possible to set the % < 100 and have a portion in each of the options shown above. For example, a common setting is that 25% of the Vault's profits are compounded and 75% are paid out in ETFs.

FWIW 2 (nice to know all of your options, when investing): One can choose to invest directly into the DexFi ETFs and bypass the Vaults altogether.

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topcomment 6 hours ago

Your comment is upvoted by @topcomment

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Curated by friendlymoose

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roleerob 6 hours ago

Well, this was certainly a pleasant surprise, @friendlymooose. Thank you for the kind gesture!

_{P. S. I have been very interested in this particular token, since @ecoinstant first mentioned it. So ... I thought I would help whoever reads this post and is interested in knowing more.}

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topcomment 5 hours ago

You're welcome!

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