To use the bridge, users select the destination chain for the bridge via the Yieldly platform (i.e,. Algorand -> Ethereum or Ethereum -> Algorand) . After that, the user can connect their wallet account containing Algo YLDY or ERC-20 YLDY to the bridge and specify the destination address.
Read moreDoes Algorand have a Dex?
Algodex is a highly decentralized marketplace with the orderbook completely on the Algorand blockchain itself.
Read moreCan you swap Yieldly for algo?
Swap Assets Swap your tokens automatically and inexpensively, via Yieldly’s cross-chain bridge . Starting with YDLY, the bridge will soon expand to integrate all forms of Algorand Standard Assets (ASA).
Read moreIs Algorand a DeFi?
Algorand is the most powerful, decentralized blockchain platform available to DeFi innovators today . Its unique combination of global scalability, high performance and ironclad cryptographic security makes it a platform that DeFi developers can confidently look to build on today, tomorrow and long into the future.
Read moreIs Algorand a coin or a token?
Introducing the Algo – possibly one of the most important, native tokens ( coins ) in the world of cryptocurrencies today. The Algo is the native token of the Algorand blockchain . As such, the Algo has all the key features of the Algorand blockchain itself.
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