YALA (Yala) 24-hour increase of 24.96%

Gate News Bot message: As of December 11, according to CoinMarketCap data, YALA (Yala) is currently priced at $0.03, up 24.96% over the past 24 hours, with a high of $0.03 and a low of $0.03. The 24-hour trading volume reached $4.47 million. The current market capitalization is approximately $9.09 million, an increase of $1.81 million from yesterday.

Yala is a Bitcoin liquidity protocol that collateralizes over-mortgaged BTC to mint $YU stablecoin, providing trustless Bitcoin liquidity for DeFi, real-world assets, and global payments. Users can gain true self-custody, low liquidation risk, and full Bitcoin exposure on the Yala mainnet. Currently, the total value locked (TVL) in Yala is $90.35 million, with a total supply of $38.39 million of $YU. Users can participate through two modes: Pro Mode and Lite Mode, with Lite Mode offering a stable 12% annualized yield via Yay-Agent.

Important recent updates on YALA:

1️⃣ Season 2 snapshot completed, ecosystem participation evaluation phase underway
On December 8, Yala completed the Season 2 snapshot, which records multi-dimensional participation such as on-chain activity, off-chain contributions, and Yeti Footprints. This snapshot serves as an important reference point for ecosystem incentive distribution, marking the official confirmation of the second phase of participation assessment and laying the foundation for subsequent incentive allocation and rights confirmation.

2️⃣ Point accumulation mechanism paused, incentive cycle entering adjustment period
Since the snapshot, Berries and Ice Berries point accumulation has ceased, indicating that Yala’s incentive system is entering a new cycle. The pause in point accumulation reflects the protocol’s phased adjustment of the incentive mechanism after completing participation data collection, possibly signaling the upcoming release of new incentive rules or rights distribution plans.

This message is not investment advice. Please be aware of market volatility risks.