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DYP Protocol Launches on Avalanche and Introduces New NFT Competition

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5 years ago

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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.

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Press Release

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

Published

3 days ago

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January 23, 2026

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We’re thrilled to announce that ChainUp is now a Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

ChainUp, a leading global provider of digital asset solutions, empowers businesses to navigate the complexities of this evolving ecosystem. Founded in 2017 and headquartered in Singapore, ChainUp serves a diverse clientele, from Web3 companies to established financial institutions.

ChainUp’s comprehensive suite of solutions includes crypto exchange solutions, liquidity as-a-service, custody services, MPC wallet-as-a-service, KYT crypto tracing analytics tool, asset tokenization, crypto asset management, and Web3 infrastructure such as mining, staking, and blockchain APIs. For more information, visit: https://www.chainup.com/

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

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

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Press Release

Hong Kong Web3 Festival 2026 is Proud to Welcome Hotcoin as a Primary Exhibition Sponsor

Published

3 days ago

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January 23, 2026

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Hong Kong, 23rd January 2026, ZEX PR WIRE, Join us in giving a grateful welcome to Hotcoin, who will be joining us for Hong Kong Web3 Festival 2026 as a Primary Exhibition Sponsor!

Hotcoin is your go-to global crypto exchange where trading feels easy, secure, and exciting.

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. Hong Kong Web3 Festival 2026, the fourth edition of this epic crypto summit, will take place from 20 to 23 April at HKCEC.

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

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

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Qtum Joins Hong Kong Web3 Festival 2026 as a Platinum Sponsor

Published

3 days ago

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January 23, 2026

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Hong Kong, 23rd January 2026, ZEX PR WIRE, We’re excited to announce that Qtum is now a Platinum Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23, 2026 at Hong Kong Convention and Exhibition Centre.

Qtum is a decentralized, open-source public blockchain that merges Bitcoin’s security with Ethereum’s smart contract capabilities.

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

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

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