#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 πππ
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.
Dec 15, 2020 β’ 12 tweets β’ 5 min read
Okay, time for another $YFL thread 𧡠πͺ‘
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 πππ
Hereβs 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)
Dec 13, 2020 β’ 16 tweets β’ 8 min read
Time for another $YFL thread π§΅
It has been a wild past couple of weeks, lots of ups and downs, but the stars are aligning and things are more bullish than ever.
Read on πππ
As everyone knows, #LINKSWAP launched roughly a week ago following a couple delays, but so far all the data is extremely promising.
Iβm going to walk through a few key metrics as well as some key macro factors to consider below...