DeFi Yield protocol (DYP) is a revolutionary project that rewards liquidity providers directly in Ethereum. All rewards from supported tokens (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) are distributed transparently and fairly.
Each pool offers four different staking options, with rewards starting from 30,000 DYP up to 100,000 DYP each month, depending on the lock time (a minimum of three days up to 90 days).
As per the latest DYP tweet, liquidity providers earned 2,139.44 ETH worth about $2,930,424 in the last 44 days – 95,62 ETH earned in the previous 24 hours!
DYP is looking to transform how DeFi is perceived by prioritizing equity in the control of funds on its platform. The project achieves this goal via the DYP anti-manipulation feature that denies whales the power to take control of the network and manipulate DYP token prices to their advantage.
The anti-manipulation feature reduces the risk of a whale dump by automatically converting rewards from supported tokens to ETH every 24 hours. Smart contracts then distribute the rewards to liquidity providers in the form of wrapped Ethereum (WETH).
Read on to learn the latest product offerings from DYP and how you can start earning rewards from your DYP tokens. If you don’t own DYP, you can buy the tokens from Uniswap.
The DYP Farming dApp is Live!
DeFi yield farming has come to the DYP platform via its staking dApp with a referral system integrated. Users get to earn lucrative rewards in each pool, starting from 20% APR up to 35% APR, depending on the lock time from a minimum of thirty days up to 120 days.
The referral program offers users 5% of their friend’s rewards whenever the friend stakes DYP tokens. The rewards are sent directly to users, free of gas fees.
Investors looking to join the staking dApp and earn ETH rewards must deposit their liquidity provider tokens (Uniswap LP tokens) into the corresponding list of pools.
The dApp also introduces the RE-INVEST function that allows investors to add their daily rewards to the staking pool. The DeFi project will soon integrate support for multiple DYP liquidity lockers for token developers, as well as the functionality to lock Uniswap liquidity for numerous pools.
DYP Earn Vaults and ETH Mining Pool
In Q1 of 2021, the DYP team will roll out automated earn vaults combined with the best Ethereum mining pool.
The DYP earn vaults will introduce an automated yield farming contract that maximizes users’ profits by moving the liquidity provider’s funds through the most profitable platforms. 75% of profits generated from the vaults will be distributed amongst LPs, with the remaining 25% used to buyback DYP governance protocol tokens to enhance liquidity.
This upcoming product supports ETH, WBTC, USDC, USDT, and DAI in five lockup durations/pools for each deposit token (lock durations of 3, 30, 60, 90, and 120 days).
The ETH Mining Pool with 0% fees offers participants a 10% monthly bonus of the ETH monthly revenue earned + 0% mining fees. Any user wishing to claim monthly DYP tokens must first join the zero-fee ETH mining pool set up by the DYP team, meaning they will also earn more ETH monthly.
This product will launch as soon as the DYP protocol achieves the hashrate required to mine a pool (250 GH/s).
DYP Tools Are Coming Next
Also scheduled for Q1 of this year are DYP tools with decentralized trust score, which serve as an informative platform for investors.
The tools are designed to gather open-source data cached from decentralized exchanges (DEX) and the latest liquidity providers. The information will be available on the custom DEX tools dashboard to help DeFi investors make decisions that maximize yields.
The DYP tools also allow users to view and explore pools/pairs on Uniswap and access trading charts and DEX real-time info for all projects listed on Uniswap.
Moreover, the tools will tap into the DYP liquidity locker to generate a 100% decentralized trust score. The trust score will be computed based on broad criteria, including a project’s contract security audits and liquidity on Uniswap.
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3 Days to Go! InnoBlock 2024 is About to Kick Off!
Web3 technology is leading a global technological revolution, propelling the internet industry into a new era of profound transformation and reconstruction. In this digital revolution, innovation is not only the driving force for the development of the Web3 industry, but also a crucial strategy for its future layout. In response to this trend, ABGA and BBS have teamed up to host a two-day Web3 innovation event, InnoBlock 2024, at Singapore Expo from September 16-17. This event will bring together blockchain leaders from over 20 countries, with nearly 150 industry leaders from top Web3 public blockchains, venture capitals, exchanges, media communities, and renowned projects, all convening to engage in face-to-face discussions with attendees. As of press time, over 5,000 participants have registered across all channels for this summit, fully demonstrating the strong appeal of the event and guest lineup within the industry. InnoBlock 2024 is expected to have a widespread and profound impact on the Web3 industry during Token2049.
Organized by ABGA and BBS, and co-organized by Imagine Creation Combinator (ICC), DePIN X, Parasail, and Metis, this event aims to gather top experts and leaders in Web3 industry to jointly explore the cutting-edge developments and application prospects of Web3 technology, facilitate the integration of innovative achievements into the Web3 industry, and accelerate the construction of the ecosystem. The event is dedicated not only to empowering the Web3 industry through innovation but also driving further economic development in the Asia-Pacific region. It covers a wide range of topics from industry macro trends to the development and construction of the Web3 ecosystem, attracting hundreds of industry experts and influencers to gather and discuss the limitless possibilities of the Web3 industry.
The event will feature two main stages and an Open Stage. Over the course of two days, the summit’s agenda will showcase 23 keynote speeches, 26 panel discussions, and 3 fireside chats, covering Web3, AI, GameFi, DePIN, and more. Notably, on the morning of September 17th, local time, Stage 2 will host the launch ceremony of the GameFi Quantum Leap: Metis & ABGA Accelerator Program in Partnership with Google Cloud Web3, an initiative jointly initiated by Metis, ABGA, and Google Cloud. This accelerator program aims to guide experienced Web2 teams through the complexities of blockchain and GameFi, providing robust resource support and a dedicated fund of up to ten million dollars to empower startup teams to achieve innovative development and long-term success in the Web3 space.
Furthermore, the Open Stage will present two highly anticipated events: the Miss Universe Singapore InnoBlock Tour and the Airdrop Demoday. The Miss Universe Singapore InnoBlock Tour will stage the integration of the elegance and the future of Web3, while the Airdrop Demoday offers participants the opportunity to interact with top project teams and investors. These activities will further enrich the on-site experience, enhance audience engagement and interactivity, and add even more vitality to the summit.
The following is the agenda of the event:
Since its official announcement, InnoBlock 2024 has attracted significant attention from the industry and garnered strong support from a wide range of partners. Gamp, Seraph, Privasea, GhostDrive, Advertising Time Token (ATT), and Infinitar have come on board as Golden Sponsors, while Footprint Analytics, D’islands, InitVerse, XPIN Network, Alchemy Pay, SafePal, Metay.ai, Seed.Photo, Pika, Allin Exchange, IXO Protocol, JoinCare, AEON, Mumubit, IBIT, Nesa, Moomoo Financial Singapore, XenoBunny, Halfwish, Alien, Beosin, PING, and Mbit Wallet are supporting the event as Silver Sponsors. The AI Exhibition Zone is backed by DeepBrain Chain, DeepLink, DecentralGPT, DRCPad, DBC Capital, and DeepAITalk.
Moreover, MetaEra joins as the Strategic Partner, Web3Labs as the Ecosystem Partner, Dethings as the Primary Media Partner, and Google Cloud as the Cloud Partner. LingoAI and Web3 Alliance (W3A) are serving as AI Guiding Organizations, while Polaris Marketing, Eurasia Blockchain, TONSquare, DuckChain, Crydit, Digitalabs, and the Artificial Intelligence International Institute (AIII) contribute essential support as Partners. Their collective efforts have played a key role in the success of this event.
Speaker list as below:
InnoBlock 2024 will emerge as a pivotal platform for exchange and innovation within the Web3 industry, offering industry experts, investors, and tech enthusiasts alike the opportunity to delve deeply into Web3 technology and its myriad applications. This prestigious event not only showcases the latest advancements in Web3 technology but also provides forward-thinking insights into its future trends.
We eagerly extend a warm invitation to all from every sector to embrace InnoBlock 2024, joining us in an exhilarating exploration of the boundless creative possibilities within the Web3 realm. As Web3 technology continues to evolve, this summit will present the latest industry dynamics and future trajectories. We eagerly anticipate sharing with you the vision of Web3’s future and striving together towards new heights.
About ABGA ABGA is a groundbreaking club centered around Web3 gaming, backed by renowned institutions within the Web3 industry. By harnessing the collective strength of the Asian gaming industry, we aspire to forge a promising future for the global Web3 gaming sector.
About BBS
BBS.NYC is a blockchain conference organization based in New York, focusing on crypto and cutting-edge technology. We are dedicated to providing entrepreneurs, investors, developers, policymakers, media, and industry enthusiasts with an inclusive platform for sharing ideas, reducing information gaps, exploring potential opportunities, and accelerating global technological advancements.
In an era marked by the rapid convergence of traditional finance (CeFi) and decentralized finance (DeFi), the boundaries between these two worlds are becoming increasingly blurred. As the financial landscape continues to evolve at an unprecedented pace, industry leaders are seeking opportunities to navigate this new paradigm and forge meaningful connections.
ChainUp, Singapore-based blockchain solutions company is proud to present the CeFi and DeFi B2B Executive Night, a pivotal gathering for industry leaders and innovators scheduled for September 16, 2024, at CÉ LA VI Singapore, ahead of the Formula 1 Singapore Grand Prix 2024 race weekend. This exclusive Pre-TOKEN2049 event coincides with ChainUp’s 7th anniversary, marking a significant milestone in the company’s journey.
Connect with influential figures and gain insights into the latest trends shaping the digital asset landscape at this exclusive event. Attendees, including founders, CEOs, and top executives from CeFi, DeFi, technology, and investment sectors, will engage in in-depth discussions covering the full spectrum of the digital asset industry. These discussions will encompass the convergence of CeFi and DeFi, institutional adoption, regulatory developments, and the transformative potential of Web3, fostering an environment ripe for innovation and strategic partnerships.
Reflecting on a year of resilience and growth in a challenging market, ChainUp’s COO, Chung Ho emphasized: “This premier gathering not only celebrates our 7th year but also underscores our commitment to driving innovation within the increasingly regulated financial landscape. As ChainUp strategically moves towards the regulated space, we’re excited to connect with industry leaders, share insights, and collectively shape the future of finance.”
The pre-TOKEN2049 CeFi and DeFi B2B Executive Night are joined by co-organizers, B2 Network, a modular Bitcoin (BTC) L2 DeFi ecosystem that introduces B2 rollup to users and developers; Sinohope, a Hong Kong-listed digital asset custody and management service provider; Diamond sponsors Huawei Cloud, a leading provider of innovative cloud solutions that empower business digital transformation; Gold sponsors Odyssey, explore a new era of Memcoins with Odyssey Exchange, eventflo, a data-driven Web3 event management platform powered with FloCoin incentivization, exSat, a groundbreaking BTC docking layer solution that enhances BTC’s scalability; Silver sponsors Pell, a BTC restaking platform build on Omnichain Trust Network; eCloudrover, an AI-centric cloud solutions service provider for business digitalization; Supported by fractl, Blockchain Association Singapore, and Singapore Fintech Association.
For more information and continued updates on CeFi and DeFi B2B Executive Night, please visit ChainUp’s official website event page. Tickets are now available for purchase on our Lu.ma event page.
About ChainUp
ChainUp, a Singapore-based blockchain tech provider, offers solutions for the future of finance, including white-label exchange softwares, award-winning digital asset custody solutions, and more. With over 1,000 clients and reaching 60 million end-users, ChainUp is a trusted partner for Web3 founders and institutions.
Mr Mint, an innovative and fast growing decentralized platform in the Web3 world, is excited to announce that MNT token will be officially listed on the MEXC Exchange on 10 September. This announcement is a major step in the evolution of the Mr Mint ecosystem and it makes it possible now to broaden the horizons to an unreached scale growth.
A Strategic Leap Forward
The listing of MNT token on MEXC, one of the world’s top-level exchanges is indicative of Mr Mint’s resilience to dreams of conquering the world and by extension the resources of the ecosystem. With this listing, MNT will reach millions of traders and enthusiasts of the crypto market and hence will have higher liquidity and more trading prospects.
Why Does This Listing Matters?
‘MNT Listing on MEXC Exchange is a major milestone for us and a crucial step for further enhancing the capabilities of users and communities around the world. We have this partnership with MEXC because it complements our goal of bringing blockchain to everyone, – stated Mr. Rahul Bhadoriya, Co-Founder of Mr Mint.’
The MEXC Exchange is well known for its friendly interface, good liquidity, and numerous digital assets. Through MEXC listing, Mr Mint is consolidating its position among convincing players of the cryptocurrency space, thus facilitating more seamless trading of MNT by more users on a diversity inducing agenda.
What Does This Means for the Mr Mint Ecosystem?
Improve liquidity: With the MNT listing on MEXC, customers’ liquidity and the speed of exchanges will be increased.
World Market: The listing is going to put MNT in front of more people hence fostering brand development and community expansion.
Enhanced Trading Activities: Users can participate more in trading pairs and utilize meticulous trading tools by MEXC.
To the Users who make it all possible
On this memorable success, Mr Mint calls all its community members, stakeholders, and authorities who share a passion towards cryptocurrencies to access this new stage of development. More information regarding new trading pairs and this listing event, as well as other promotional actions, will follow to add further benefits to our devoted fans.
Get Ready to Trade MNT on MEXC
Drawing from this, Mr Mint keeps deepening its presence in the world of crypto as it delivers an innovative environment that brings technology and community into a convergence. We seek to build a new society that is decentralized and participatory based on innovation and transparency.
About Mr Mint
Mr Mint is a comprehensive Web3 ecosystem designed to bridge the gap between traditional finance and decentralized assets. It aims to empower users with tools and platforms that facilitate easy access to digital assets, encourage financial literacy, and promote secure and transparent transactions.
For more information about the listing and upcoming events, visit our official website or follow us on social media.