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Algorand Foundation Welcomes Yield Monitor To Its Ecosystem

Share on X icon · Published 4 years ago on April 6, 2022 · Hassan Maishera

The Algorand Foundation announced in a tweet on Sunday that Yield Monitor is now part of the Algorand ecosystem.

Algorand Foundation Welcomes Yield Monitor To Its Ecosystem

The Algorand Foundation announced in a tweet on Sunday that Yield Monitor is now part of the Algorand ecosystem. The Foundation added that Yield Monitor, a multi-chain database and toolkit for DeFi investors and developers, has received grant funding to incorporate the Algorand mainnet into the Yield Monitor database. 

Algorand is an open-source, permissionless, Pure Proof-of-Stake (PPoS) blockchain protocol for “the next generation of financial products”. As such, Algorand ensures "full participation, protection and speed within a truly decentralized network".

ALGO is trading at $0.8153 at press time, down by more than 9% in the last 24 hours.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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