Wrapping Up 2024: YEL’s Year in Review and 2025 Outlook

Hey YEL Fam,

What a year it’s been! As 2024 comes to a close, we’re taking a moment to celebrate our achievements and set the stage for an even bigger 2025. From groundbreaking new products to expanding across multiple chains, this year was all about laying the foundation for the future of YEL Finance.

Let’s reflect on the milestones we’ve hit, dive into the numbers behind them, and share an exciting preview of what’s to come.

2024 Highlights

New Team

This year, we expanded our team to bring in fresh talent and ideas.

Migration Voting & $YEL Migration

Early in 2024, the community voted on key upgrades to our token, successfully migrating $YEL to become a cross-chain token.

Bridge Launch

We deployed a bridge to unlock seamless multi-chain functionality for users.

Liquidity Migration

Alongside $YEL’s migration, liquidity pools were shifted to align with the new token, stabilizing markets and improving accessibility.

Introducing Our Prime Product: Potions

Potions became the core of our closed volatility farming ecosystem, empowering users to earn yield through market fluctuations via derivatives, liquidity provision, or arbitrage.

Wrap Market Launch

We launched a new market that simplifies asset wrapping, unwrapping, and trading, offering tools to find arbitrage opportunities manually.

Dashboard Launch

Responding to community requests, we introduced a feature-rich dashboard for better analytics and insights.

Potion Marketing & Quest Campaigns

Through partnerships and campaigns on platforms like Intract and DeBank, we increased awareness and engagement.

LP Market

We launched the LP Market to create more earning opportunities for liquidity providers.

Potions Expansion on Base and Berachain

Our closed volatility farming ecosystem expanded to two additional networks.

Governance Reorganization

We revamped governance to prioritize community-driven decision-making, ensuring transparency and inclusivity.

Base and Pro Mode

To cater to diverse user needs, we introduced Base Mode for simplicity and Pro Mode for advanced control.

Point System

A new rewards framework was rolled out, allowing community members to earn points for various protocol interactions.

Sonic Deployments and Partnerships

We successfully launched Potions on Sonic testnet, deployed the $YEL token on mainnet, and secured key strategic partnerships.

2024 By the Numbers

• 280,739,085 $YEL Tokens Migrated: A massive token migration under our upgraded contract.
• 4 Proposals Successfully Voted: Reinforcing our commitment to community-driven evolution.
• +238% Token Price Increase: Recognized growth rewarded token holders significantly.
• $1,500+ Profit from a Single Transaction: Users maximized arbitrage profits through Potions.
• 200k+ Transactions on Sonic Testnet (First Week): Early testing demonstrated high interest and protocol stability.
• 4th Place on Gas Tracker (Sonic Testnet): YEL ranked impressively on the Sonic Testnet leaderboard.

Looking Ahead: 2025 Roadmap

If 2024 laid the pillars, 2025 is about building the structure and taking bold steps toward innovation. Here’s what’s coming:

• Arbitrage Feed for $YEL Holders: Pinpoint arbitrage opportunities within the Potions ecosystem, directly on the platform.
• New Potions on Sonic Network: Expanding offerings with new Potions and partnerships.
• Potion Launcher: A user-friendly tool to help users create customized yield strategies on any tradable asset.
• First MultiBrew Potion: Combining multiple assets to create high-volatility Potions for more arbitrage profits.
• Expanding DAO Capabilities: Enhancing governance for better community-driven proposals.
• Leveraged Potions: Gain soft-leverage exposure to assets while earning double the yield.
• New EVM Chains & Non-EVM Deployments: Expanding Potions to EVM-compatible chains and taking steps toward Non-EVM chains.
• AI Integration: Simplifying DeFi actions through AI-powered solutions.
• Chain Abstraction: Enabling seamless portfolio management without network switching.

Closing Thoughts

Reflecting on 2024, we’re proud of how far we’ve come as a community. But we’re just getting started. With 2025 on the horizon, we’re ready to build on our successes, embrace new challenges, and continue innovating.

Your feedback, votes, and enthusiasm fuel YEL’s journey. Thank you for being part of this incredible ride. Let’s make 2025 a breakthrough year for YEL Finance!

- The YEL Finance Team