YOLO is a crypto-coin on the HIVE blockchain. It's a tokenized project that invests into various meme coins on multiple chains. The fund aims to diversify into many meme coins to limit the downside risk and provide an overall return comensurate with the whole meme coin market. Your tokens held represent your ownership of assets held by the fund.
The first year staking rewards were an astounding 200% APY, meaning if you bought during pre-sale and staked for a full year, you'd have 3x the amount of coins after one year.
We will be dropping the APY of staking rewards significantly to tame inflation in less than 2 months.
Hive keychain now lets you do this easily. See tutorial below:
Here's where we are at. 3 large investors, invested a total of $30k + into YOLO and then into memes. We also raised $5-10k from Hive. A large basket of meme coins were purchased. They had a run and dropped fairly hard. In the spring we sold and took our losses on a lot of those coins and put the majority of those funds left into the investment of a project one of the investors was helping to launch on Solana called TASSHUB, ticker TASS. The website is tasshub.com. It's currently over 2M mcap and was up to 7M at onc point. One of the larger investors is CEO of the project and responsible for the growth. There's thousands of members on their telegram and the HUB is still being built out fully.
We have around 5k worth of funds still in Solana memes and on hive-engine. If you're on our discord, I memtioned we just sold some of one of our memes and brought the funds back to HIVE.
You can trade YOLO/Swap.Hive on hive-engine via our liquidity pool. https://tribaldex.com/swap?from=SWAP.HIVE&to=YOLO
As the acronym YOLO means, it isn't for the faint of heart. One day we plan to bring back a nice win for holders and buy back lots of YOLO and/or distribute hive to the holders.
After the staking rewards are dropped, I plan to add more rewards to the liquidity pool to help get us more liquidity.
There's a lot of excitement in the market but we still haven't seen the alt/meme coin cycle we were looking for yet. We will continue to monitor our MEME investments and our partner continues to build TASS HUB. Will you join us? YOLO
YOLO Coins can be purchased on Tribaldex or Hive-Engine links below. In addition we accept OTC deals if you have other crypto to trade, reach out to us.
https://tribaldex.com/trade/YOLO
https://hive-engine.com/trade/YOLO
Follow along for all our latest posts here:
@hivedrip
https://inleo.io/profile/hivedrip/blog
HIVEDRIP: https://hivedrip.com/
PeakD: @hivedrip
Buy YOLO coins: https://tribaldex.com/trade/YOLO
Discord Link: https://discord.gg/rMdAAe4jKp
Free Hive Wallet: https://hiveonboard.com?ref=hivedrip
