Press Release
DeFi Yield Protocol Tools Are Coming Soon To The Community
The DeFi Yield Protocol (DYP) rewards crypto enthusiasts with ETH for providing liquidity (Uniswap LP tokens). Holders of DYP, the native cryptocurrency token underpinning the project, earn rewards from the ETH smart contract integrated with Trustwallet and Metamask.
Besides earning ETH immediately using DYP, users also enjoy protection from the risks associated with yield farming. The innovative DeFi protocol uses anti-manipulation technology to make it impossible for whales to have the power to take over the network.
The protocol automatically converts all DYP rewards to ETH, allowing smart contracts to distribute rewards to the liquidity providers (LPs) in a manner that is fair to all participants, thus guarding users against a flash dump.
Moreover, the DYP project’s proprietary anti-manipulation feature ensures the stability of token prices by guaranteeing a minimum of 2.5% slippage while giving end-users a secure yield farming process.
Introducing the DYP Tools With Decentralized Trust Score
DeFi Yield protocol has announced the launch of its DYP tools with a mission to help the DeFi community make the best decisions while investing their funds.
The new feature is designed to capture data cached from the latest open-source platforms like Etherscan as well as top decentralized exchanges (DEXs). Liquidity providers will also view and explore Uniswap pools/pairs and access trading charts and DEX real-time data.
Many investors in the DeFi space encounter scams since they fail to do their diligence for new projects. That is why DYP is bringing in tools to help them avoid rug pulls by offering an informative platform that shows all the existing projects listed on Uniswap with unique features.
By tapping into the DYP liquidity locker, the upcoming tools will rank projects using a 100% decentralized trust score. The score considers various criteria such as a project’s locked liquidity, security audits, and whether the project team is public or not. Investors will also easily see if the liquidity on Uniswap was added by the contract creator’s address or by a token holder.
The DYP tools are 100% decentralized without sponsored paid projects and come with a home page link that directs investors to the listed tokens on Uniswap or any other DEX. Token holders of each project will also have access to a “Community Trust” feature that allows them to vote on vital issues regarding their project’s development.
DYP has taken multiple measures to keep DeFi investors safe from rug pulls, but each individual should do their own research when putting their funds in any project.
For one, all users should check if the contract is a proxy smart contract (the proxy allows the admin to change ANYTHING in the smart contract). They should also determine if the project team has access to tokens; the unused tokens should be locked on smart contracts!
Other Upcoming Developments on DYP
The ETH Mining Pool is set to launch on DYP protocol in Q1 of 2021. Participants must first join the zero-fee ETH mining pool to claim monthly DYP tokens.
The ETH mining pool will provide a 10% monthly DYP bonus + 0% mining fees to all miners. These bonuses will distribute a maximum amount of DYP with a -2.5% Price Impact.
Also set to roll out soon is the DYP Earn Vault, an automated yield farming contract designed to maximize profits for users by moving their funds through the most lucrative DeFi protocols.
Wojak Inu, a new memecoin project, is creating a buzz in the crypto world. Recently listed on Dex-Trade Exchange, Wojak Inu offers users an innovative and secure way to invest in digital currency. The project comes with no taxes, locked and burned liquidity pool (LP) tokens, and a renounced contract.
With its unique features, Wojak Inu aims for greater heights as it continues gaining momentum in the memecoin niche. The latest listing operation is an essential milestone in its journey to becoming a significant player in the crypto space.
The Importance of the Latest Listing Operation
$WOJAKINU’s listing on Dex-Trade is an essential milestone in the growth and development of the memecoin project. It’s a significant step in making the memecoin more accessible to traders and investors. With its new listing on Dex-Trade, Wojak Inu ($WOJAKINU) now has a variety of trading pairs available with high liquidity.
Specifically, crypto enthusiasts can trade Wojak Inu ($WOJAKINU) on the platform with the $SHIB, $DOGE, and $USDT. This makes it easier for traders to access the memecoin and take advantage of its many benefits.
Dex-Trade is one of the leading exchanges in the crypto space. In this context, Wojak Inu’s team is delighted to be part of its growing network. With its listing on the exchange, Wojak Inu ($WOJAKINU) can now reach a much wider audience and gain further recognition.
Following $PEPE’s Success
Wojak Inu is a decentralized asset that offers users an innovative and secure way to invest in digital currency. The team has allocated 92.8% of tokens to the liquidity pool, LP tokens burnt, and a smart contract audit completed by SolidProof.
The team is leading a large marketing campaign to create market awareness around the project. As a community-based cryptocurrency, Wojak Inu has gained popularity among crypto enthusiasts and investors.
Its community has grown rapidly, with crypto enthusiasts joining every day to be part of this new venture. With a strong development team and a dedicated community, Wojak Inu looks poised for success in the world of cryptocurrency.
Seeing the success of $PEPE, Wojak Inu decided to capitalize on it by introducing new features targeting the memecoin sector. Having already hundreds of Hodlers on board, they look forward to further crypto growth.
About Wojak Inu
Wojak Inu is a memecoin-based project that seeks to revolutionize this growing niche. It features unique characteristics, such as zero taxes and LP burnt/contract renounced.
The community powers this project, and the team has plans to create generational wealth for its holders. The future of Wojak Inu will see NFTs, merchandise, staking, farming, and Tier 1 Exchange listing.
Going live on Dex-Trade marks an essential milestone in the growth of Wojak Inu. With a growing community, innovative features, and comprehensive marketing campaigns, this initiative aims for greatness.
Its website and social media pages are valid sources to follow the project’s latest developments.
With the release of its CGV coin, Cogito Protocol is presenting an AI-powered solution in the Crypto space that will change the world. This revolution will begin on SingularityDAO, Seedify, GeniusX, and EnjinStarter on June 2nd 2023.
The Cogito protocol provides a framework that creates “tracercoins”, which are digital assets with low volatility. These tracercoins are an entirely new asset class – AI-powered, Fiat Independent and have the potential to become the dominant form of exchange and value storage mechanism.
These digital assets are designed to offer stability without being directly correlated to traditional currencies or commodities. Instead, they are linked to non-financial indices that represent human progress, with an example of a GCOIN being pegged to an environmental Green Index.
The Important Details to Know About CGV
The Cogito Protocol is launching the CGV Token Generation Event (TGE) on June 2nd 2023. Sales will start from 29th May 2023 across the various platforms mentioned below. The Cogito Protocol’s governance and utility token, CGV, will enable the community to directly contribute to the roadmap of the project and influence various parameters of tracercoin
The total supply of CGV will follow a predetermined distribution:
More detailed information about the TGE and Cogito Tokenomics can be found here.
Disrupting the Crypto Sector with Tracercoins
Cogito is transforming the crypto sector with its innovative tracercoin concept. Tracercoins are digital assets pegged to non-financial indices and maintain their stability through soft pegging.
The system consists of a data layer and an AI tool layer, which generate a Green Index. This index tracks positive progress towards a net-zero economy with roughly 1-2% appreciation.
GCOIN is the first tracercoin coming from Cogito, and it traces the Green Index on a 1:1 basis.
To maintain the peg, Cogito has implemented a mechanism known as the ‘Capital Adequacy Ratio’ that works as a foundation for a number of underlying functions.
Extensive financial modeling ensures that the tracercoins offer users stable deposit rewards and are financially stable over the long term.
The team’s paper on Academia.edu provides more information and simulations. Through its tracercoins, Cogito is disrupting the crypto sector and providing a much-needed solution to the challenge of price volatility. Check here for more information on the team behind Cogito Protocol.
About Cogito
Cogito Protocol is a spin-off of SingularityNET, a renowned AI-oriented company. Cogito offers a framework for creating tracercoins, which are a new class of assets that range from low to medium-volatility growth assets. This approach helps attract a diverse, global investor base with a low to medium risk appetite.
Cogito applies the highest standards of risk management schedules for regulatory compliance, asset protection, and market integrity. The roadmap has five phases: ecosystem integration, extended portfolio, risk-weighted reserve, multi-chain presence, and use cases outside crypto.
By employing SingularityNET’s AI technology, Cogito offers users unparalleled capital deployment and risk management opportunities. Anyone wishing to discover this upcoming project can visit the team’s website. The social media pages below are also a more than valid source of information.
Twitter | Telegram | Linkedin | Medium | Discord
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