Another thread! 🧵

#LINKSWAP tapped $1 million in 24h volume today, without any major news or abnormal trading activities...

The reason why? $YFL liquidity and trading is migrating away from Uniswap.

More 👇👇👇
Liquidity for the pairs on the platform just broke above $20,000,000 today, which is 2x that seen on Kyber.

Kyber's token currently has a $189,000,000 valuation.

YFL has a ~$27,000,000 valuation.
Combine this with the uber-bullish post from @linkpadio today regarding their investment in Sovryn, and it's clear that some *serious* value is about to be directed to $YFL and the staking vault.

blog.yflink.io/linkpad-invest…
I'm also really pleased with how the ecosystem is shaping up.

The team released the #LINKSWAP info page, which allows users to quickly review pertinent statistics about the platform and its pairs.
Staking rewards are set to be activated in the next 24 hours, which will mean that each $YFL token will finally start generating some revenue!

I expect revenue to be small at first, but see rapid growth in the next 2(ish) weeks.
#LINKSWAP data will also be listed on CoinGecko, CoinMarketCap, and other data aggregators in the coming days and weeks... applications have already been sent🚀
Oh, and I can't forget to add something super cool that's coming: LINKSWAP skins!

For certain pairs, the theme of the platform will change to match its branding... just a fun and unique aesthetic addition that makes the platform fun to use.
Add all these factors together + the fact that $ETH and $LINK are mooning (which both represent the second halves to all of $YFL's liquidity pools) and I suspect it is going to be an immensely bullish 2 weeks.

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More from @yflpepe

15 Dec
Okay, time for another $YFL thread 🧵 🪡

Things are really heating up for #LINKSWAP since the last thread, and quite frankly I can hardly believe how bullish it all is.

I believe a sell-side liquidity crisis is coming.

Data below 👇👇👇 Image
Here’s a breakdown of how many $YFL are locked/deposited in contracts:

V1/V2 governance vaults: 12,803 YFL

YFL/ETH pool (LINKSWAP): 2,387 YFL
YFL/LINK pool (LINKSWAP): 2,736 YFL
YFL/ETH pool (Uniswap): 1,502 YFL

Total # of YFL deposited in contracts: 19,428 (39% of supply)
Now, of course this is constantly changing as people trade between YFL and its pairs, but the trend is striking:

People are depositing thousands of YFL each day into various contracts, restricting the circulating supply.
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