Onwards: YOP General Update

YOP Update

Firstly we would like to thank everyone for the feedback and positive reception from YOP V0 launch. As we mentioned this is just the beginning of our journey and we are really excited about V1. Today we would like to update the community on the road ahead and generally what has been going on at YOP HQ. In no particular order we will also answer some common community questions.

YOP is a yield optimization platform & protocol. All-in-one yOptimization application that makes it easy for everyone to access DeFi. Giving you control, custody, insights and flexibility directly in one single application. An industry first and built with passion, dedication and community support. YOP V0 went live on 18th May as an early Beta while V1 is built out.

Growing YOP: V1

In the weeks ahead there will be many changes at YOP. Growing the team, bringing in new partners and strengthening the product offering. During this time you might notice less front end promotional activity but behind the scenes development will continue. We are looking to add more resources for the YOP team so we can ramp up marketing, partnerships and preparations for V1 launch. The timeline for this is dependent on some external factors which we look forward to share more on in the near future.

YOP Trimera

The Wen IDO, NFT, Rewards...

The YOP NFT on-chain prize draw is ready to go. We are now just waiting to mint the final FVCKRENDER NFTs so we can a date for the draw and distribute the FVCKRENDER NFTs to winners. Beyond the NFT prize draw we are still working on adding in more utility for the various YOP NFT ranks. These will allow individuals to stake, earn rewards, access partner plans and more. We really believe that NFTs have a lot more functions that digital art and are working on a few nice features to add into V1.

Another big focus area we have discovered which is critical to the overall growth of YOP and the wider industry is the handling of wallet keys. Currently a few projects have demonstrated that social recovery can be a good way to navigate through this complexity of handling private keys. This is a great start but does not cover all problems. One area we are very keen to work on is air-gap hardware devices that can secure crypto assets to use on the mobile app. This way the customer retains complete control of funds in a highly secure manor. There is a lot of R&D going into the way customers handle crypto. This is a critical piece to onboard millions of customer into YOP, making it easier for everyone to access DeFi.

YOP Ecosystem

We have decided to set the snapshot for the strong holder reward to Wednesday 14th April 12pm UTC to 17th April 12pm UTC. All YOP holders that held tokens during this difficult time for the project will have the chance to claim a reward. Once the on-chain snapshot data has been collected and processed we will announce it and open up a webform for the claim. In terms of the write up, as the long as any investigation is running we cannot publicly provide details. This would be disruptive to the case workers and authorities. As and when this clears we can share more. We appreciate all the support our community has provided and look forward to sharing the reward. Once we publish the form to claim the details of reward amount will be listed.

We have also planned another video call live AMA to take questions and discuss progress to date, future plans and community feedback. Stay tuned for the announcement to participate.

Onwards

Once again we thank all the community and look forward to sharing exciting updates about YOP soon.

YOP Socials

Twitter @YOPfi

Telegram @YOPfi

LinkedIn @YOPfi

Website yop.finance

yop.finance