Much like Yeet, it has multiple uses.
1) Yes (sarcastic, apathetic affirmation)
2) YES (enthused exclamation, Yeet alternative)
3) You (Old English)
1) Upon being asked if he was coming, he replied 'Ye' with a glare.
2a) When Joe heard the news, he yelled 'YE' & pumped his fist.
2b) When Bob threw the rotten apple, he used 'YE' instead of 'YEET'.
3) 'Hear ye, hear ye!' the crier called to get attention.