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DeFi Yield Protocol Liquidity Providers Earn $204,718 in ETH in just 10 days Staking DYP

Team Bitcoin Daily

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The Defi yield protocol (DYP) allows all users to provide liquidity while earning returns in DYP, the native ERC-20 token token underpinning the project

The DYP token has been available for purchase and trading on leading Defi platform Uniswap for some time, with liquidity locked for one year with UniCrypt.

Contracts for DYP are routinely audited by PeckShield and the Blockchain Consilium and rely on SecurityOracle. These safeguards help protect the decentralized network from smart contract bugs that can result in security breaches such as flash loan attacks.

The DYP interface is also quite simplified, enabling both novel and professional yield farmers to use the protocol and earn lucrative rewards. The secure and user-friendly nature of the DYP platform guarantees users the best experience in open finance.

What’s more, DYP’s governance dApp gives full control of the protocol to the community, which votes on vital upgrades such as new liquidity pools and fees. This governance mechanism promotes transparency and fairness and deters nefarious actors from infiltrating the network.

The DYP Staking Protocol is Live!

DYP has now unveiled its unique staking protocol that allows users to provide liquidity and earn rewards via the ETH smart contract integrated with the Metamask wallet. Now all crypto enthusiasts can earn some free ETH by staking their tokens on DYP.

DYP staking pools allow token holders to activate Ethereum rewards and access a wide range of benefits via the DYP staking and governance dApp. The protocol amassed $36M in total value locked (TVL) just over a week after launch and looks sure to spur some interest in the market by rewarding stakers in Ethereum. As of this article’s writing, TVL stands at just over $46M.

To celebrate the staking dApp launch and the listing on Uniswap and Bithumb Global, the DYP team has announced it will give away $1000 worth of ETH. The protocol supports several staking pools; DYP/ETH, DYP/USDT, DYP/WBTC, and DYP/USDC pools are currently available to users.

Investors can start earning passive income by depositing liquidity provider tokens (Uniswap LP tokens) into the available DYP staking pools. To access the staking dApp and choose your staking pool, click on app.dyp.finance and connect your Metamask wallet. 

Each pool comes with four distinct staking options and offers rewards starting from 30.000 DYP up to 100.000 DYP each month, depending on the lock time (minimum of three days up to 90 days). 

Essentially, DYP functions like most other Defi tokens in terms of staking and governance, although it raises the bar with its new strategy that pushes ROI to the maximum. 

For one, the platform stands out because of its issues rewards paid in Ethereum directly, a feature that helps ease inflation while integrating additional value in the ETH ecosystem.  

Moreover, all DYP staking pools feature an integrated anti-manipulation feature that guarantees a minimum of 2.5% slippage. This tech allows staking pools to maintain token price stability while offering a secure and streamlined process for end-users. 

DYP Moves to Solve Issues Plaguing DeFi

The dev team behind DYP set out to solve the biggest problem plaguing the Defi space, which is whales’ power to control DeFi networks. One famous example of such a whale attack was the recent Sushi dump where the anonymous founder of SushiSwap dumped his tokens for ETH.

The DYP protocol prevents such occurrences by automatically converting all DYP tokens to ETH. The system then distributes the rewards to liquidity providers in a fair way to all pool participants.

In detail, the DYP system automatically converts all pool rewards from DYP to ETH at 00:00 UTC every day; Wrapped Ethereum (WETH) is distributed as a reward to the liquidity providers.

The DYP smart contract is also designed to maintain the DYP token price. Whenever the DYP price fluctuates beyond 2.5% in value, the maximum token amount that doesn’t affect the price is swapped to ETH. The anti-manipulation feature then distributes any remaining DYP tokens in the next day’s rewards. 

If there are still leftover DYP tokens, the protocol’s decentralized governance model kicks in; the DYP governance gets to vote on whether undistributed DYP rewards will be issued to token holders or burned.

As of this article’s writing, DeFi Yield Protocol paid 290 ETH rewards worth $204,718.78 in just 10 days to the liquidity providers. 

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Press Release

WEMIX Unveils Groundbreaking Updates for a Sustainable Blockchain Gaming Future

Crypto Chain Wire

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WEMIX is thrilled to have unveiled its latest ecosystem updates and developments during WEMIX DAY. This special event featured an in-depth video presentation showcasing significant changes and innovations within the WEMIX ecosystem, marking the start of a new era for blockchain gaming.

Dedicated to enhancing the sustainability of its ecosystem through the “Prioritize and Focus” strategy, WEMIX is driving continuous change. Join us at WEMIX DAY as we reveal the future of the revitalized WEMIX ecosystem.

Watch the WEMIX DAY Video Presentation: YouTube Link.

During WEMIX DAY, we introduced several key initiatives and updates that will drive the future growth and sustainability of the WEMIX ecosystem:

WEMIX PLAY

WEMIX Pay 

WEMIX Pay is an innovative payment method for purchasing game content using the WEMIX native token, slated for release in the second half of this year. This feature is designed to establish WEMIX as a robust utility token, integrating seamlessly into major WEMIX PLAY games and driving increased utility and demand for WEMIX. Using WEMIX Pay earns you both PLAY Tokens and Prime Points, which are crucial for fueling the growth and sustainability of the WEMIX PLAY platform.

PLAY Token 

A key component of WEMIX Pay is the PLAY Token, a cryptocurrency obtained through WEMIX transactions and uniquely tied to actual game revenue. Unlike other tokens issued in large quantities without practical use, PLAY Tokens will only be minted when real game revenue is generated by WEMIX Pay. These PLAY Tokens are subsequently burned and not recirculated, preventing inflation. 

PLAY Tokens are primarily obtained through WEMIX Pay transactions, and can be exchanged for REFLECT Tokens at a fixed rate, providing a consistent value and facilitating transactions within the ecosystem. Reflect Tokens are designed to enhance the liquidity and stability of the WEMIX platform, enabling users to seamlessly convert their in-game earnings into a more stable form of currency that can be used across various WEMIX services and platforms.

Users can also receive PLAY Tokens as a reward for signing up early (pre-registration) and for participating in various activities within the WEMIX PLAY gaming community. These activities could include tasks such as playing games, completing challenges, engaging with the community, or other in-game and platform-based actions.

Prime Points 

Prime Points operate as a mileage system within the WEMIX ecosystem, earned in conjunction with PLAY Tokens through WEMIX Pay. Accumulating Prime Points increases your Prime Points level, unlocking exclusive benefits at each tier, including VIP passes, NFTs, airdrops, and early access to games. Further details on how to earn Prime Points through various ecosystem activities will be released soon.

WEMIX Buy-Back 

Designed as a virtuous cycle system, WEMIX Buy-Back allocates a minimum of 4-5% of WEMIX Pay revenue towards reducing supply and increasing user benefits.

WEMIX PLAY Reborn: https://wemixplay.com

The WEMIX PLAY platform is being reborn as a community-centric hub for blockchain games, where gamers and content creators can interact, share game strategies, enjoy memes, preview game art, and watch developer Ask Me Anything (AMA) sessions. The newly revamped WEMIX PLAY will launch in beta in the second half of the year.

Upcoming New Games on WEMIX PLAY

  • Legend of Ymir: Based on Norse mythology, this game showcases realistic, dynamic character animations achieved through advanced facial expression and motion capture technology. It is scheduled for a global release in late 2025.
  • Project M: Developed by the esteemed studio behind the legendary MIR series, this Web3 MMORPG builds on the legacy of blockchain games, MIR4 and NIGHT CROWS. It is slated for release after 2025.
  • Meta Toy DragonZ SAGA: A collectible RPG where players collect and nurture unique toy dragons, expected to be released in the fourth quarter of this year.
  • Crystals of Naramunz: An RPG set in a steampunk world with charming anthropomorphic characters. It is planned for an early 2025 release.

All games in the upcoming lineup will integrate WEMIX Pay, enhancing their utility and contributing to WEMIX Buy-Back resources, and foster a healthier ecosystem.

Wepublic: https://wepublic.com

Wepublic leverages the advanced blockchain technology of WEMIX to promote transparency in society. By utilizing blockchain, Wepublic enables transparent decision-making and fund flows. The platform’s SBT (Soulbound Token) based certification voting system ensures transparency by recording all decision-making processes on the blockchain. This innovative voting system has been successfully implemented in universities and religious institutions and will be accessible as an open platform by 2025.

Moreover, the blockchain-based Wepublic points system allows organizations to raise and use funds transparently without needing external audits, sharing the flow of funds with DAO members. The WEMIX donation feature, added last June, and the upcoming funding project service launching this August will help various organizations raise funds transparently for common goals.

Brioche Hard Fork

The recent Brioche Hard Fork saw approximately 434 million WEMIX burned and introduced a halving mechanism, reducing the amount of WEMIX minted per block in half. This marks the start of a healthier WEMIX ecosystem.

WEMIX: Committed to an Immersive Blockchain Gaming Experience

WEMIX remains steadfast in its commitment to delivering an immersive blockchain gaming experience through targeted strategies. Our unwavering dedication to ushering in a new era for WEMIX promises many more innovations on the horizon. Pre-register now for the newly revamped WEMIX PLAY gaming community platform to receive PLAY Tokens, and stay tuned for details on the upcoming PLAY Token airdrop for community participants.

For more information, please visit www.wemix.com or contact: pr@wemix.com.

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Press Release

Physical Doge (PDOGE) Opens Multi-Round Presale Targeting Early Supporters

Crypto Chain Wire

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Physical Doge (DOGE) has recently opened its multi-round presale for early supporters of the meme-inspired cryptocurrency. This event gives decreasing bonuses per round, with the first round offering an impressive 40% bonus for purchases. 

The project also features a clear token distribution plan, with allocations for presale, liquidity & listing, staking, and community rewards. With well-defined plans ahead, Physical Doge aims to become the next trendy project in the meme coin niche.

A Rare Opportunity for Memecoin Lovers

The ongoing presale for $PDOGE offers a rare opportunity for memecoin lovers. With its meticulously designed tokenomics and carefully planned distribution schedule, it ensures fairness and sustainability. 

Here is how it works: Round 1 of the presale offers a +40% bonus for purchases up to 5,000,000 $PDOGE. In Round 2, buyers can still enjoy a +25% bonus for purchases between 5,000,001 to 9,000,000 $PDOGE. The final opportunity in Round 3 grants a +17% bonus for purchases between 9,000,001 to 15,000,000 $PDOGE.

But that’s not all. There is a total supply of only 100,000,000 $PDOGE tokens. Allocations include Presale, Liquidity, Listing, Staking, and Community Rewards. The project ensures a balanced token distribution, meaning investors may see significant rewards as the project grows.

Physical DOGE – Present Features and Future Plans

The Physical DOGE team has shared several key features of this project. First of all, users can enjoy the ease and convenience of purchasing through the BNB Chain with minimal fees. 

Additionally, once purchased, the ownership of the Physical DOGE token immediately goes to the buyer. This prevents any delays or complications in owning the token.

Aiming to promote fair distribution and prevent market manipulation, each person is limited to a $5000 purchase limit. This strategy promotes equal participation and deters dumping activities by large investors or “whales.” Furthermore, upon completion of the presale phase, Physical DOGE will go live on top tier-2 exchanges.

One aspect that sets Physical DOGE apart from other memecoins is its initial market capitalization of only 5 million. Aiming low initially allows for gradual growth and stability in the long run.

Looking toward the future, it is important to mention that the Physical DOGE team has designed a roadmap of four phases. Phase 1 (or the “training” phase) involves rigorous preparation through physical and strategic training. This included the creation of a clear whitepaper to guide and unite the community. 

Phase 2 (the “King of Street” phase) lists staking, KOL collaborations, and large-scale marketing as key milestones. This phase aims to demonstrate Physical DOGE’s prowess in competitive environments.

Phase 3 (“Octagon”) will focus on hosting campaign events, launching staking platforms, securing users, and listing on top tier-2 exchanges.

Finally, Phase 4 (or the “Champion” phase) will push PDOGE on tier-1 exchanges. The team will also work to maintain solid prices through KOL partnerships and platforms and secure more users.

About Physical DOGE

Physical DOGE (PDOGE) is a new and exciting project inspired by the legendary Dogecoin phenomenon. It brings together a team of talented indie game artists who are passionate about web3 mining games. The team envisions a world where Dr. Koch, driven by a visionary dream, infuses Shiba Inu with potent muscle DNA. This is how the “Physical DOGE” meme came to life.

Beyond the meme power, this project has solid features and a clear roadmap. Multi-round presale offers bonuses up to +40%, creating a rare buying opportunity for early supporters. The project comes with a well-designed tokenomics, ensuring fairness and sustainability.

Anyone curious to learn how Physical DOGE works can simply visit the project’s website or read the whitepaper. As always in the crypto sector, PDOGE’s social pages provide valuable information and updates.

X (Twitter) | Telegram

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Blockchain

$PRICK is the new PEPE: get a 75% token bonus ahead of the listing on OKX

Crypto Chain Wire

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$PRICK on Solana already has a community of 1 million users, an NFT collection with a 75% cashback for holders, and a Telegram game with a 200 SOL monthly prize pool. With several major CEX listings coming starting from July 22, $PRICK is ready for a fast expansion.

The incredible rise of $PRICK: from a meme to an ecosystem with NFTs and a clicker game

$PRICK stands for Pickle Rick, and it’s one of the most talked about memecoin ecosystems on Solana. What started as a fun meme quickly became an ambitious project boosted by its passionate community of almost 1 million users, including 240 thousand on X (Twitter) and 740 thousand on Telegram. 

So successful is $PRICK that at least three major exchanges have already agreed or tentatively agreed to list it, including OKX, BingX, Bybit, and BitGet.

What is it about $PRICK that makes users pick it over hundreds of other memecoins on Solana? There are multiple factors, including fair token distribution; very good price performance; a game with large prizes in SOL and $PRICK; and NFTs that make holders eligible for a raffle and a 75% cashback.

Robust and fair tokenomics

  • The team has burned all the initial LP tokens, then renounced contract ownership;
  • 10% of the circulating supply was purchased in the open market and locked to finance CEX listings, community airdrop, and token burns;
  • There is no tax on buying, selling, or sending $PRICK;
  • The rest of the 1 billion $PRICK supply is released smoothly at the rate of 1% a month. 

Positive price dynamics and potential

Since its DEX launch at the end of May, $PRICK has never gone below the initial listing price – something that very few Solana memecoins can boast of. At the same time, the price currently sits 70% below the ATH, creating an interesting opportunity for buyers ahead of the scheduled listings on OKS, Bybit, and BingX. 

Telegram clicker game

$PRICK is one of the first memecoins to launch its own Telegram clicker game, inspired by the success of Hamster Kombat and Notcoin. As players earn points and complete tasks, they climb the leaderboard and compete for a share of the monthly 200 SOL prize pool and large bonuses in $PRICK. 

Mint one of the 101 NFTs to get 75% back in $PRICK and a ticket for the 1,000 SOL raffle

Pickle Rick’s exclusive NFT collection was launched on July 15 and features only 101 NFTs, each with a unique hand-drawn design of the title character, Pickle Rick. The main advantage of holding a Pickle Rick NFT is a massive 75% cashback in $PRICK that each holder will receive once the token is listed on OKX or Bybit on July 22. 

 Moreover, upon the listing on Bybit, the project will hold a raffle for all its NFT holders with a prize pool of 1,000 SOL. 

The cashback is calculated as 75% of the mint price of 12 SOL, translated into $PRICK at the exchange rate on July 22 (the listing day). As of the time of writing, part of the collection is still available to mint, but users should act quickly so as not to miss this opportunity. 

OKX and other major CEX listings coming soon – and where to buy $PRICK right now

The team of $PRICK has successfully negotiated with several large crypto exchanges to list the token. The series of listings is scheduled to start on July 22 with OKX, followed by $PRICK launch on BingX, Bybit, and BitGet. 

The news of each new listing can cause a significant surge of the $PRICK price. Ahead of the listings on these major platforms, users can already buy $PRICK on the following exchanges:

Raydium (Solana): $PRICK/SOL, contract address 6zoshtkmyX4kRFg3p152yV2bPssxeYdNvW3c6EVCE4UP

MEXC: $PRICK/USDT

In less than two months, Pickle Rick ($PRICK) has built one of the most active meme ecosystems on Solana, with hundreds of thousands of loyal followers, a generous system of incentives, NFTs, and even a game. This is just the beginning, however, as the team promises even more bullish news in the coming weeks. 

Follow $PRICK on social media

Official website

X (Twitter)

Telegram

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