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.