Shailesh | Yield.fi
@SGYield
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Building @getyieldfi
Blockchain
Joined October 2010
.@GetYieldFi announced an operational NAV adjustment today following the industry-wide deleveraging over the past 30 days. For AlphaPing depositors: There is nothing you need to do. AlphaPing has already fully unwound all exposure to yUSD and yETH markets for the time being.
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@SGYield Massive respect to the team. It's tough but a fair decision. Those who are committed will stick around for the recovery.
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Happy to announce that @GetYieldFi remained fully solvent at all times and honored all withdrawals without any delays. We’re extremely proud to have stayed focused, assisted with the unwind process, and ensured that anyone who wished to withdraw could do so. The massive wave of
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Incredible transparency & execution from the @GetYieldFi team through one of DeFi’s toughest stress tests. It was a privilege for us to stand alongside partners who prioritise resilience, clarity & user trust. #DeFi done right. "Principle over profit" 🫡🤝
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@0x7477 @SGYield Personally my experience with https://t.co/LZtpReTn3O has been solid. Been there since under 10 mil TVL with a bunch of additions and withdrawals. It’s good to see people come up with the questions and for teams to quickly address it. DeFi definitely has come a long way
yield.fi
Asset management for the onchain economy
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@Togbe0x We’ve published a detailed post-mortem explaining the full on-chain data and how to interpret them correctly. https://t.co/so18aShT0S
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