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

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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

MSX Announced as Platinum Sponsor for Hong Kong Web3 Festival 2026

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24 hours ago

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January 20, 2026

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Hong Kong, 20th January 2026, ZEX PR WIRE, We’re thrilled to announce MSX as a Platinum Sponsor for the Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

MSX is a community-driven digital asset trading platform, primarily offering global users spot and derivatives trading services for cryptocurrencies like Bitcoin and Ethereum, as well as trading services for RWA tokenized assets and bulk/forex financial products. 

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto event since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival 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.

As Asia’s premier crypto gathering, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Join us in staying ahead of the latest Web3 trends and policies while building meaningful relationships with leading projects, investors, and tech pioneers. Secure your tickets at just $399: https://lu.ma/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

 

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OKX Web3 Confirmed as Title Sponsor for Hong Kong Web3 Festival 2026

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24 hours ago

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January 20, 2026

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Hong Kong, 20th January 2026, ZEX PR WIRE, We’re thrilled to announce that OKX Web3 is a Title Sponsor for the Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

OKX Web3 is committed to Web3 technological innovations, and has developed OKX Wallet as an industry-leading decentralized multi-chain wallet that enables you to access and explore the Web3 world.

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival 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. 

As Asia’s premier crypto event, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Join us in staying ahead of the latest Web3 trends and policies while building meaningful relationships with leading projects, investors, and tech pioneers. Secure your seats: https://lu.ma/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

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Press Release

Happymeta Announced as Primary Exhibition Sponsor for Hong Kong Web3 Festival 2026

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1 week ago

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January 14, 2026

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We’re thrilled to announce HappyMeta as a Primary Exhibition Sponsor for the Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

Happymeta is building a decentralized metaverse asset platform, leveraging blockchain technology to redefine the relationship between users and digital assets, enabling an open, fair, and sustainable metaverse economy. Learn more at https://www.happymeta.io/

The Hong Kong Web3 Festival (“the Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto event since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of the Festival 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.

As Asia’s premier crypto gathering, the Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities. Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Join us in staying ahead of the latest Web3 trends and policies while building meaningful relationships with leading projects, investors, and tech pioneers. Secure your tickets at just $399: https://lu.ma/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

Become our speaker: https://tally.so/r/31Ybgb

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