Connect with us

Press Release

DYP Protocol Launches on Avalanche and Introduces New NFT Competition

Published

5 years ago

on

DeFi Yield Protocol (DYP), a unique protocol that offers users solutions for crypto yield farming and staking, recently launched its new NFT Marketplace that facilitates creators and collectors to mint and trade non-fungible tokens.

The marketplace allows users to create and sell their unique digital artwork on Ethereum. It will soon expand to Binance Smart Chain (BSC) and Avalanche (AVAX), enabling any user (artist or not) to transfer their NFTs between the three blockchains. 

DYP users can finally enjoy unique, digital ownership rights in a thriving NFT marketplace. The robust integration of an in-built NFT marketplace on DYP is a significant milestone for the digital collectibles space. It introduces an environmentally friendly approach and lower transaction costs.

Creators will only be charged a 0.30% payment to sell their digital artwork on DYP’s NFT dApp, a factor that distinguishes it from other rival NFT dApps in existence today. 

The DYP NFT Creative Competition is LIVE!

To celebrate the launch of the  NFT Marketplace, DYP has introduced a creative competition that invites NFT creators worldwide to use their imagination and creativity to come up with unique collectibles. 

Participants in the creative contest stand to share a $50,000 Prize Pool. The NFT competition kicked off on July 12 and continues until at least 1000 NFTs have been created.

The DYP token powers all products in the DeFi Yield Protocol and is a requirement for entering the ecosystem and unlocking an unprecedented level of security for projects and individual asset holders. The governance token now has a new use case in facilitating users to pay transaction fees for NFT smart contract operations in the ecosystem.

The protocol’s native token also has multiple use cases in liquidity locking on the protocol, earn vault strategies, and the DYP referral system. The token is also a requirement for subscriptions to the DYP Tools Premium. This service increases use cases for the DYP token while allowing the platform to provide a liquidity locker for any DeFi project. 

The DYP Launchpad v1.0, which is currently only available on Ethereum, is scheduled to launch on AVAX and BSC, offering multiple tiers based on the amount of locked DYP. Staking services from the DeFi Yield Protocol are also coming to BSC and AVAX very soon!

Apart from the use cases mentioned above, the DYP token is a requirement for entering the DeFi Yield Protocol ecosystem and unlocking an unprecedented level of security for projects and individual asset holders.

DYP Partners with Avalanche’s Pangolin Exchange 

DYP started offering its yield farming solutions on Ethereum, becoming the first and only protocol to reward users in ETH. The protocol has since expanded to BSC and is now looking to build its extensive features on Avalanche to become a leading cross-chain DeFi platform.

The latest development from DYP is the strategic partnership with Pangolin Exchange, a premier decentralized exchange (DEX) on the Avalanche Network. The move will bring users and liquidity from other networks onto Avalanche and into the Pangolin DEX.

DYP enables DeFi enthusiasts from Avalanche, the fastest smart contracts platform in the blockchain space, to earn up to 330.53% APY. The AVAX/DYP pair in Pangolin already has over $500,000 in liquidity just one week after DYP launched on Avalanche.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

CF Blockchain Joins Hong Kong Web3 Festival as Secondary Exhibition Sponsor

Published

15 hours ago

on

March 30, 2026

By

Hong Kong, 30th March 2026 — Hong Kong Web3 Festivalis honored to welcome CF Blockchain as a Secondary Exhibition Sponsor.

CF Blockchain focuses on the authority and professional information and services of fintech, artificial intelligence, digital currency and blockchain industries.

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

Don Ng, Director, Digital Assets, China Asset Management (Hong Kong) Limited

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

Continue Reading

Press Release

ENI Announced as Gold Sponsor at Hong Kong Web3 Festival 2026

Published

4 days ago

on

March 27, 2026

By

ENI Announced as Gold Sponsor at Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is honored to welcome ENI as a Gold Sponsor.

Hong Kong, 27th March 2026 — 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 conference since 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 2026 will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three 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.

Web3 Festival 2026 ultimately will have up to 400 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from thousands of 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.

ENI is an ultra-high-performance, modular L1 blockchain engineered specifically for hyper-scale commercial adoption. More information: https://eni.top

Get tickets: https://luma.com/hkweb3festival_2026

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

Continue Reading

Press Release

CoinPost Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Published

4 days ago

on

March 27, 2026

By

CoinPost Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is honored to welcome CoinPost as a Secondary Exhibition Sponsor.

Hong Kong, 27th March 2026 — 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

Chris Lee, Vice President, ETF China Asset Management (Hong Kong)

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

CoinPost is Japan’s largest crypto news outlet. More information: https://coinpost.jp/ 

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

Continue Reading

Trending