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Yieldly Finance
Suite of yielding smart contracts on the Algorand blockchain
- 1-20 employees
- Fintech
- Trading
- Blockchain
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Company mission
Yieldly is reimagining how value is exchanged on all chains — in their vision, barriers will not exist.
Our take
Yieldly is the world’s first decentralised finance (DeFi) suite built on Algorand, combining cross-chain swaps, multi-asset staking, no-loss prize games, and NFT gamification all into a single protocol.
The company has partnered with world-leading e-sports organisations including Talon, BOOM Esports, and Fact Revolution, to bring the competitive world of competing gaming to DeFi and NFTs. In addition, this will pave the way for Millennial, Gen Y, and Z gamers - who are typically early adopters of emerging technology, to dabble in DeFi without risk.
The company has so far processed more than 750,000 transactions with more than $100 million in total volume locked.
Yieldly is continuously building out its product suite to help facilitate a DeFi-driven future, as well as the size of its team, to reach new markets and audiences. The company is already the force behind many industry firsts, from Algorand's first no-loss lottery to its first DeFi staking product. And, most recently, a pioneering cross-chain bridge solution connecting the Alogrand ecosystem to other DeFi protocols.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (2 rounds)
Apr 2021
$1.4m
SEED
Oct 2020
$0.1m
SEED
Total funding: $1.5m
Leadership
Sebastian Quinn
(CEO)Former corporate lawyer and entrepreneur with a history of building and supporting the growth of some of the largest distributed ledger and DeFi companies, including Bluezelle and Power Ledger
Simon FGiles
(COO)Founder of multiple technology companies who has held lead positions in teams at listed companies around Australia, including Qantas, Optus and Telstra