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DeFi Yield Protocol

DeFi Yield Protocol (DYP) (Founded in 2020) is a cryptocurrency platform that allows users to provide liquidity and be rewarded with Ethereum. At the same time, the DYP platform maintains both token price stability as well as secure and simplified DeFi for end users by integrating a DYP anti-manipulation feature. The protocol's platform is an all-in-one stop for NFTs, Defi, and the metaverse.[1]

Overview

DeFi Yield protocol prevents the whale advantage in DeFi (Decentralized Finance). DYP anti-manipulation feature ensures that all pool (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) rewards are automatically converted from DYP to ETH at 00:00 UTC, and the system automatically distributes the rewards to the liquidity providers.

The main difference between DYP and other staking projects is that DYP offers a completely different platform with unique features like the DYP Anti-Manipulation Feature. DeFi Yield protocol aims at changing the way decentralized finance is perceived by ensuring equity in the control of funds on its platform.

The DeFi Yield Protocol contributes to the crypto ecosystem with more than just yield farming. It does so with the help of its own mining farm, set up with an investment of over $1 million.
New users joining the zero-fee ETH mining pool set up by DYP team stand to receive a 10% monthly bonus of the ETH monthly income earned in the form of DYP tokens airdrop. A total of 5 million DYP will be distributed to the miners as the protocol works on boosting their numbers in its mining pool to at least 200,000.

Participants in the DeFi Yield Protocol ETH mining pool also provide liquidity to participating pools, earning more ETH from DYP rewards as well as DYP Earn Vault – an automated yield farming contract that maximizes returns by moving providers’ funds through the most profitable platforms.

Tokenomics

DeFi Yield Protocol is a digital asset deployed on the Ethereum blockchain but also lives on the Binance smart chain, and avalanche. the ticker symbol for the token is $DYP and it has a total supply capped at 30,000,000. $DYP is also the governance and utility token of the Defi Yield protocol.[8]
The token is currently traded on:

  • KuCoin
  • Huobi Global
  • Gate.io
  • Coinbase.
  • MEXC, etc.[7]

DYP Ecosystem

DYP platform is an all-in-one stop for you to access a Defi-based bridge[2], its protocol governance [3]through its native and utility token (DYP), and a project launchpad for any upcoming projects.[4]
Users can access NFTs, DeFi, and other newly moving trends within the cryptocurrency space in the DYP ecosystem. As an immersive ecosystem, it has unveiled its interest in the metaverse and game niche.[5]
The ecosystem also utilized its platform for NFT staking as it did with CAWS NFTs.[6]

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DeFi Yield Protocol

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