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DeFi Yield Protocol (DYP) Staking and Governance is Now Live

Published

5 years ago

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DeFi Yield Protocol (DYP) Staking and Governance is Now Live

This week, DeFi Yield Protocol (DYP) announced the official launch of its staking and governance protocols. DYP is a next-gen DeFi platform that seeks to level the playing field between regular investors and whales. To this extent, the platform introduces some new strategies to push ROIs to the max while reducing investor’s exposure to risks. As such, the launch of the platform’s staking and governance Dapp is a critical step on its path to success.

DYP Staking Pools

DYP staking pools allow anyone to provide liquidity to pools and earn rewards. DYP differs from the completion in that all rewards are paid out in Ethereum directly. This feature is an industry first that helps alleviate inflationary concerns while building additional value in the Ethereum network. 

Additionally, all DYP staking pools feature integrated anti-manipulation protocols and 2.5% slippage.  These systems reduce inflation and encourage token price stability in the market. Specifically, the protocol attempts to convert DYP rewards to ETH every day at 00:00 UTC. When the price of DYP is affected by more than -2.5%, the maximum DYP amount that does not affect the price will be swapped to ETH. 

The anti-manipulation system then takes the remaining amount and distributes it in the next day’s rewards. In this way, the protocol ensures that all pool rewards are automatically converted from DYP to ETH daily. Best of all, the system automatically distributes the rewards to the liquidity provider’s wallet. DYP currently supports multiple staking pools. Specifically, DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC pools are available at this time.

Governance Dapp 

The launch of DYP’s governance Dapp is another significant step for the platform. DYP features a decentralized governance mechanism that promotes transparency and fairness in the network. Anyone can vote on crucial issues and upgrades to the network.

Notably, the more DYP tokens you hold, the more votes you get. This strategy ensures that those who are financially vested in the network get their opinions heard. It also removes the risk of nefarious actors infiltrating the network. 

Deflationary Options

DYP leverages various deflationary protocols to promote token stability. Notably, these systems work in tandem with the decentralized governance model to provide a unique community-driven approach to the market. For example, DeFi Yield protocol (DYP) users vote on whether undistributed DYP rewards get distributed to the token holders or burned. They also vote on new liquidity pools, fees, and other vital upgrades.

Smart Contracts

The entire DYP ecosystem features an autonomous design that relies on advanced smart contracts to eliminate the need for any human intervention. Keenly, the governance mechanism ensures that the DYP community writes the rules for the network. Smart contracts execute these rules, such as the payment of rewards to liquidity provides autonomously.

DYP is Just Getting Started

DYOP has an entire DeFi ecosystem in the works. The platform will support various other functionalities such as mining pools in the coming weeks. Impressively, DYP intends to reward miners monthly with a 10% bonus from the pool’s ETH monthly income. 

Yield Farming is another advanced DeFi functionality the DYP users will enjoy. Farmers can stake their crypto assets to earn DYP via automated yield farming pools. The platform supports various farming pools, including DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC.

DYP – Stake DeFi Tokens and Get Paid in Ethereum

DYP raises the bar with its new strategy. Paying out DeFi token stakers in Ethereum is sure to spur some interest in the market. Now, anyone can earn some free Ethereum by staking their tokens on DYP.

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Press Release

TRON Announced as Title Sponsor for Hong Kong Web3 Festival 2026

Published

9 hours ago

on

April 10, 2026

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Hong Kong, 10th April 2026 — Hong Kong Web3 Festival 2026 is honored to have TRON onboard as a Title Sponsor.

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Today, TRON is one of the largest networks for USD Tether (USDT) stablecoin circulation, with an on-chain supply exceeding $85.4 billion. As of April 2026, the TRON blockchain has recorded over 374 million in total user accounts, more than 13.62billion in total transactions, and over $22billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.” Read more at: https://trondao.org/

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of  Hong Kong

Mr Joseph H. L. CHAN, JP, Under Secretary for Financial Services and the Treasury, Financial Services and the Treasury Bureau, Hong Kong

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission, Hong Kong

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Michael Faulkender, Professor of Finance, University of Maryland

Lennix Lai, Chief Commercial Officer, OKX Global

H.E. Justin Sun, Founder, TRON; Advisor, HTX; Advisor, B.AI

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Cindy Xu, Managing Director, Head of Asia Fintech and China Financial Institutions and Governments, J.P. Morgan

Akhil Devmurari, Fintech Sector Head, APAC, Payments, J.P. Morgan

Brian Mehler, CEO, Stable

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

Franklin Bi, General Partner, Pantera Capital

Henrique Centieiro, CIO, Maverick Capital

John Cahill, COO, Galaxy Digital Asia

……

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

Kaspa Ecosystem Foundation Announced as Speaker and VIP Lounge Sponsor at Hong Kong Web3 Festival 2026

Published

12 hours ago

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April 10, 2026

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Hong Kong, 10th April 2026 — Hong Kong Web3 Festival 2026 is honored to have Kaspa Ecosystem Foundation onboard as Speaker & VIP Lounge Sponsor.

Kaspa Ecosystem Foundation is dedicated to fostering the development, adoption, and sustainability for the Kaspa ecosystem. Kaspa utilizes the GHOSTDAG protocol, a generalization of Nakamoto Consensus, and is the fastest Proof-of-Work network that will soon enable native programmability. Read more at: https://kaspafoundation.org

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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Press Release

BytePlus Joins Hong Kong Web3 Festival 2026 as Gold Sponsor

Published

1 day ago

on

April 9, 2026

By

Hong Kong, 9th April 2026 — Hong Kong Web3 Festival 2026 is proud to welcome BytePlus as a Gold Sponsor.

BytePlus is an enterprise AI platform that helps developers build AI agents at scale. As the enterprise services arm of ByteDance, BytePlus delivers cutting-edge models, multimodal intelligence, and AI computing optimized infrastructure in a modular stack. BytePlus powers vertical-specific use cases across discovery, interaction, and conversion. More: https://www.byteplus.com/en

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Lennix Lai, Chief Commercial Officer, OKX Global

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Phil Kang, CEO, ZR Financial Group

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development

DIAO Zhihai, Head of International Business of Wealth Management, CICC

Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital

David Lee, Chairman, Global FinTech Institute

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

……

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

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