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DeFi Yield Protocol V2 Pools are live on Ethereum, Binance Smart Chain, and Avalanche

Published

4 years ago

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The yield farming aggregator platform “DeFi Yield Protocol” (DYP) has officially launched its updated buyback, farming, and staking pools. These pools live across multiple chains including Ethereum, Avalanche, and Binance Smart Chain (BSC). 

Buyback Pools

Ethereum’s buyback pool allows holders to earn up to 350% APY in DYP, by staking WETH, WBTC, USDC, USDT, DAI, or LINK.

Meanwhile, Avalanche’s buyback pool offers up to 145% APY. Staking options include WAVAX, USDC.e, USDT.e, WETH.e, PNG, QI, DAI.e, XAVA, WBTC.e, or LINK.e.

Finally, the BSC buyback pool offers up to 100% APY. Users can stake with WBNB, BTCB, ETH, BUSD, or CAKE.

Upon deposit into these pools, the user’s funds will be converted into a mixture of DYP and iDYP tokens, and placed into a staking contract. Staker’s rewards can vary from 30% to 350% APY depending on the selected chain and the length of time they choose to lock up their tokens (0-90 days). All rewards are distributed in DYP when withdrawn.

Farming Pools

If old users need to withdraw their assets from the V1 farming pool, they will be left with two items. These include DYP, and whichever cryptocurrency/ token they initially deposited on their respective chain. 

With this, DYP users gain greater opportunities to maximize future yield. Those initial tokens can be redeposited into the new farming pool!

On Ethereum, users can deposit ETH, WBTC, USDC, or USDT to earn rewards. Avalanche’s farming pools will accept AVAX, while BSC’s pool accepts WBNB, BTCB, ETH, BUSD, or CAKE. These rewards can come in the form of WETH,WAVAX, WBNB, or USDT. 75% of this deposit will be placed in its associated iDYP LP, while the other 25% is put toward DYP staking for up to 200% APY.

Rewards are automatically converted from iDYP into WETH, WAVAX, or WBNB respectively by the smart contract, as a shield against the former’s price volatility. When withdrawing funds, the total initial deposit will be given back to the despositer, +25% extra rewards in DYP. 

Staking Pools

Staking one’s DYP can earn holders up to 130% APY on Avalanche,  550% APY on Ethereum and 50% APY on BSC. No impermanent loss is involved. As with the buyback pools, users that invest their tokens for longer periods of time will receive the best rates. They may also opt to use the “reinvest” function, automatically storing their gains back into the staking pool for compound interest.

DYP even included a referral program. Those that refer friends and family to DYP get 5% of their friend’s staked assets as a reward.

Within a week of launching, the buyback, farming, and staking pools had accumulated over $90 million in deposits. DYP rewarded its contributors with 15,867 AVAX, 7,997 BNB, and 9,032 ETH, totaling $44,149,334 in tokens at the time. Currently, the highest APY available on the protocol is 625%.

Explaining DYP

Defi Yield Protocol (DYP) is a multi-purpose platform that may be used for staking, yield farming, NFTs, and a variety of other trading options.

DYP uniquely rewards its users with ETH – a first in the DeFi industry. Anti-manipulation protection is also included. This ensures that people receiving incentives through less reliable platform native tokens, like iDYP, have a stable payout.

DYP’s decentralized tool dashboard assists investors in making informed decisions, by  incorporating decentralized scoring, trust vote systems, and yield farm data.

The protocol has exciting projects planned for the upcoming months. These include V2 of its NFT Dapp on BSC / ETH/ Avalanche, and a launchpad for high-quality projects on all three chains.

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Press Release

Sui Foundation Announced as Exclusive Dinner Sponsor for Hong Kong Web3 Festival 2026

Published

13 hours ago

on

February 6, 2026

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Sui Foundation Announced as Exclusive Dinner Sponsor for Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is pleased to announce Sui Foundation as an Exclusive Dinner Sponsor, marking a significant partnership that underscores the growing collaboration between leading blockchain innovators and Asia’s premier crypto gathering.

Sui Foundation is an independent organization dedicated to growing and cultivating long-term value in the SUI ecosystem. The foundation supports developers, creators, and enterprises building on Sui, a next-generation blockchain platform designed for scalability and user-friendly experiences. Through strategic initiatives, grants, and community programs, Sui Foundation plays a vital role in advancing Web3 innovation globally. Their sponsorship of this year’s exclusive dinner event will provide attendees with unique networking opportunities alongside industry leaders and blockchain pioneers. For more information, please visit: https://www.sui.io/

The Hong Kong Web3 Festival (“Web3 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, policies, and technological breakthroughs shaping the future of decentralized technologies.

This year’s Hong Kong Web3 Festival will take place from April 20 to 23 at the Hong Kong Convention and Exhibition Centre, spanning four days of intensive programming, exhibitions, and networking events. The previous three editions of Web3 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. These impressive numbers reflect the festival’s position as a must-attend event for anyone serious about the Web3 industry.

Web3 Festival 2026 will feature up to 300 speakers representing all aspects of Web3 and crypto on its stages, including blockchain developers, cryptocurrency innovators, DeFi pioneers, NFT creators, metaverse architects, and institutional investors. The event has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies, demonstrating the increasing mainstream adoption of blockchain technology. This diverse attendance enables the conference to serve as a high-level platform for in-depth dialogues and high-value connections between emerging tech leaders and established financial institutions.

As Asia’s premier crypto event, Web3 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 strategic positioning is particularly significant as Hong Kong continues to establish itself as a leading Web3 hub with progressive regulatory frameworks and strong government support for digital asset innovation. The unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates, networking opportunities, and insights into emerging market trends that will shape the industry’s future.

The partnership with Sui Foundation further elevates the festival’s reputation as the meeting point for blockchain innovation and enterprise adoption in the Asia-Pacific region.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

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

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Press Release

Fufuture Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

Published

1 week ago

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January 28, 2026

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Hong Kong Web3 Festival 2026 is proud to welcome Fufuture as a Secondary Exhibition Sponsor.

Build with Fufuture to revolutionize DeFi: https://fufuture.io

The Hong Kong Web3 Festival (“Web3 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.

Hong Kong Web3 Festival will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions of Web3 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.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 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

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

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Press Release

Passey Announced as Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Published

1 week ago

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January 27, 2026

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Hong Kong, 27th January 2026, ZEX PR WIRE, We’re excited to share that Passey joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor.

Unlock AI-powered insights for Bitcoin and Ethereum options, and make informed decisions with advanced infrastructure designed for modern investors: https://passey.xyz

The Hong Kong Web3 Festival (“Web3 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.

Hong Kong Web3 Festival will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions of Web3 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.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 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

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

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