Tag: DYP

Defi Yield Protocol (DYP) – a yield farming aggregator platform – has opened its GameFi adventure experience “CAWS Adventures” to its users. NFT holders may now connect their wallets and begin playing right away. According to an announcement from DYP on Tuesday, users must hold a CAWS NFT if they wish to play. The game’s site already features 10 levels for CAWS holders to play in, and a leaderboard of the highest-scoring wallet addresses. CAWS (Cats and Watches Society) is…

Defi Yield Protocol (DYP) has launched a staking pool for its “Cats and Watches Society” (CAWS) NFT collection. The yield farming aggregator will reportedly provide up to 50% APR to CAWS stakers, denominated in ETH. Earning Yield on NFTs? NFT staking differs from cryptocurrency staking through the so-called “proof of stake” consensus mechanism. Rather than securing a network, “staking” an NFT is simply locking up one’s holdings with a platform to earn rewards. The 50% APR rewarded to CAWS stakers…

Yield farming aggregator platform Defi Yield Protocol (DYP) has announced its new NFT collection’s upcoming launch on April 13th. The collection will include prizes, features, and utilities that its creators hope will make it as big as Bored Ape Yacht Club. Cats and Watches Society The NFTs – collectively branded as the “Cats and Watches Society” (CAWS) – feature randomly generated cats with 235 different attributes. They exist on the Ethereum blockchain as ERC-721 tokens, hosted by the InterPlanetary File…

Decentralized finance (DeFI) has grown at an unprecedented rate since the summer of 2020 with its promise to enable anonymous and private financial transactions. The new tech leverages blockchain technology to introduce more efficient and secure, peer-to-peer dealings that eliminate intermediaries from the borrowing and lending process.  The fast-growing sector in the crypto industry now boasts nearly $78 billion locked in multiple protocols, per the latest data from DeFiPulse. The DeFi movement has shown no signs of slowing down over…

The DeFi Yield Protocol’s CEO and founder, Mihai Nicusor Busica, revealed he purchased an NFT from the Bored Ape Yacht Club collection on January 3 through a Twitter post. Mihai acquired the #1112 Bored Ape for a whopping 80 ETH, which is the equivalent of $304,000. His announcement comes two weeks before the launch of the protocol’s NFT collection, the Cats and Watches Society. The event set to unroll on January 17 will also entail the launch of its V2…

The yield farming aggregator platform “DeFi Yield Protocol” (DYP) has officially launched its updated buyback, farming, and staking pools. These pools live across multiple chains including Ethereum, Avalanche, and Binance Smart Chain (BSC).  Buyback Pools Ethereum’s buyback pool allows holders to earn up to 350% APY in DYP, by staking WETH, WBTC, USDC, USDT, DAI, or LINK. Meanwhile, Avalanche’s buyback pool offers up to 145% APY. Staking options include WAVAX, USDC.e, USDT.e, WETH.e, PNG, QI, DAI.e, XAVA, WBTC.e, or LINK.e.…

DeFi Yield Protocol (DYP) – a yield farming aggregator platform – recently announced its new pools for staking, buyback, and farming on Binance Smart Chain (BSC). Each pool is offering remarkably high APRs of 50%, 100%, and up to 1150% respectively.  These pools arrive at a critical moment for DYP, which analysts predict will surge by orders of magnitude in the weeks to come.  DYP’s New Pools According to a company statement, the Buyback pool will allow users to deposit…

DeFi Yield Protocol (DYP) has teamed up with KyberDMM DEX to increase token liquidity on Avalanche. In a two-month-long campaign, users may earn up to $300,000 in $DYP and $KNC liquidity mining rewards. DYP and KyberDMM for Increased Liquidity KyberDMM (Kyber Dynamic Market Maker) is a cutting-edge, capital-efficient DEX protocol. Its primary goal is to increase liquidity with amplified pools and maximize returns for liquidity providers (LPs) with dynamic fees. The protocol’s main liquidity mining campaign is "Rainmaker," running on…

DeFi Yield Protocol (DYP) announced on Twitter that it would soon introduce a Launchpad to its ecosystem. According to the 5th September tweet, the Launchpad will introduce some critical features, which should serve as a gateway for high-quality crypto projects. The Launchpad should be an excellent addition to DYP’s decentralized tool dashboard. Also, it brings together all the ecosystem’s advanced features. As of now, the platform consists of DYP Locker, Yield Farm Data, and Decentralized Score. These elements help crypto…