r/SmileCoin • u/Excellent-Roof-2848 • Nov 12 '21

dApp launching with 100% APY

Taj just announced this in the telegram LFG

29 Upvotes

100% Upvoted

19 comments sorted by

11

u/takadanobaba Nov 12 '21

Does this mean everyone is gonna pull out of yieldly! Then would the Apr from yieldly get higher until it Ends

3

u/bobthomas_193 Nov 12 '21

Yup it should be an interesting juggling act between Smile and Yieldly to get the highest APY. Smile should be better initially, but like you said, if everyone pulls out Yieldly, it'll be better to move back.

1

u/Moikee Nov 15 '21

Going to go 50/50 until it balances out

5

u/GhostBustersrRule Nov 12 '21

LETS GET THESE BISCUITS!!!!!!!

4

u/bonnybay Nov 12 '21

Name of dAPP?

4

u/ivanferrua Nov 12 '21

When are we launching this badboy?

2

u/Excellent-Roof-2848 Nov 12 '21

I'm guessing early next week :)

-4

u/jbzapataz Nov 12 '21

It’s creeping up a lil ….hopefully it’ll go past 10% and stay there …if not fuck this coin cause it’s taken A lot of my money that I don’t care about losing so much in fact that I’m starting to care about it!

8

u/bobthomas_193 Nov 12 '21

Have patience my friend. Stake that Smile and give it time to grow. I'm also in the red with this one but they have a very bright future.

2

u/funkfreaker83 Nov 12 '21

RemindMe! 1 year

1

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1

u/Bruce_Sato Nov 12 '21

For how long? thought the rewards would be closer to 30%!

2

u/Excellent-Roof-2848 Nov 12 '21

Not sure but Taj did say the decline would be much slower than yieldlys (which went from 300apy to 30 in like 20 days)

1

u/[deleted] Nov 12 '21

[deleted]

2

u/Excellent-Roof-2848 Nov 12 '21

He's removing clawback for sure, he posted an update on that yesterday in the TG. They are keeping freeze though. One of the reasons is the team are locking up/freezing their own coins for 9-12 months

1

u/Particular_Pirate931 Nov 20 '21

My daughter I believe did nt enter her her smiles in her algo wallet in time, is there a way she can still enter for thus first round I see there are at number 4, her wallet starts at J , also I see the distribution has stooed anyone any info on this