Happy Friday YOPsters.
30 Sep 2022, 14:31
Happy Friday YOPsters!
In our post-Merge world as we continue to drive through the crypto Winter, we look for glimmers of light that show that Spring is coming. Unfortunately, like the situation surrounding Do Kwon and Alex Mashinsky, things remain bleak in the crypto industry.
Still the show must go on! 💪
Early next week we'll be releasing the new YOP Finance Landing Page 🎉 This has been worked on over the last few weeks and will add another level of depth to the platform. The premise being that this will act as a softer landing for new users of the platform, allowing them to gather and learn more about the YOP Finance ecosystem. If you can’t wait until next week, you can read more about the Landing Page here 👉
The next feature we are looking at is the referral scheme. We are engaging with 3rd party vendors to utilise off-the-shelf solutions, so we can MVP the feature and see if this is an area we should spend more time on developing ourselves. The specs for the feature will be released soon and if this gains traction we can really start pushing ahead with building this out internally. I would love to see this feature start to really drive viral growth! 📈
While we continue to develop new features, we are also aware of current issues. The wallet connection bug (MyYOP info shows but no wallet is showing as connected) is currently being worked on. We have identified the root cause (Wallet Connect plugin) and are creating a fix. This will be deployed shortly after the Landing Page has been released. We will confirm when this fix is pushed 👍
As you have asked for, we have started looking into how can make it easier for you to understand boosting optimisation and how staking impacts the vault APYs. We are trying to make DeFi and the YOP Product as straightforward as possible but while we try to take the complicated things away from the users, sometimes the way we automate things under the hood, it can cause confusion for you guys as you can’t see all the workings. Please keep raising these issues and we will continue to push and improve the UX for you 🙏
Something I know a lot of you are keen to know more about is additional exchange listings for the $YOP token. I can confirm that we are in discussions with multiple exchanges (4 at last count) and hope to have some positive news on this soon. New exchanges open up YOP Finance to new communities and help spread the great work that the team is doing! There are a lot of exchanges out there so we are really focusing on how we can maximise exposure while ensuring we target true quality. We will provide more details on this soon but unfortunately the review process with these exchanges does not seem like a quick thing 🏦
With YOP exposure being a key factor as we try to grow the YOP Finance ecosystem, we continue to push ahead with AMAs and podcasts. We have had quite a few now, something like 30 to date, so as you can see there is a lot of effort going into this. We are seeing stable community numbers, that are not bots which is great. These numbers are continuing to hold steady, regardless of this winter. People have been leaving but we continue to see new people join. This is also evident on Twitter as we see new faces appearing and talking about YOP all the time. This is great to see, and a sign of life even this deep into winter. Yesterday I did an AMA with Bit About Crypto where we had great fun talking about the 2008 recession, Satoshi and the creation of Bitcoin, the creation of Ethereum, all the way through to DeFi and YOP Finance. As soon as this has been released I will let you know 🎙