Tldr: “Ye” is pronounced identically to “the”. The “th” sound used to have its own letter that somehow got to be written “y” until everyone decided that was quite silly.
eeeehhhh this depends on context, in “Ye olde taverne” it’s definitely meant to be Þ, but in “beware ye who tread here” i’m pretty sure it’s a completely separate word basically meaning “those of you”
Worth noting that the y in “ye” is not actually a y: https://en.wikipedia.org/wiki/English_articles#Ye_form
Tldr: “Ye” is pronounced identically to “the”. The “th” sound used to have its own letter that somehow got to be written “y” until everyone decided that was quite silly.
eeeehhhh this depends on context, in “Ye olde taverne” it’s definitely meant to be Þ, but in “beware ye who tread here” i’m pretty sure it’s a completely separate word basically meaning “those of you”