What is DeFi Yield Protocol (DYP) | What is DYP token

Why is DeFi Yield Protocol Unique? DeFi Yield Protocol: Your New On-The-Go DeFi

DeFi Yield Protocol (DYP) will provide a solution to the risk Yield Farming brought in. How? – The DYP is developing a platform that allows anyone to provide liquidity and to be rewarded for the first time with Ethereum. At the same time, the platform maintains both token price stability as well as secure and simplified DeFi for end users by integrating a DYP anti-manipulation feature.

How will this work?

DeFi Yield protocol (DYP) is changing the way you earn through liquidity on Ethereum smart contract. The argument against DeFi is that whales have the power to control the network. DeFi Yield protocol (DYP) prevents the whale advantage in DeFi. DYP anti-manipulation feature ensures that all pool (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) rewards are automatically converted from DYP to ETH at 00:00 UTC, and the system automatically distributes the rewards to the liquidity providers. This feature is excellent because the network’s liquidity will be fair to all participants; no whale will be able to manipulate the price of DYP to their advantage.

Every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. If the DYP price is affected by more than -2.5%, then the maximum DYP amount that does not affect the price will be swapped to ETH, with the remaining amount distributed in the next day’s rewards. After seven days, if there are still undistributed DYP rewards, the DeFi Yield protocol (DYP) governance will vote on whether the remaining DYP will be distributed to the token holders or burned (all burned tokens are removed from circulation).

Smart contracts are the engine room of any DeFi project. The advantage of smart contracts is that the community writes the rules; they can work without human interaction. Unlike the centralized world in which a set of rules are interpreted by a few experts who make decisions. Cool feature, Right. Not really. There is a significant disadvantage of smart contract risk, which happens when there is a bug in a smart contract. YAM finance is the greatest example of a smart contract risk. The team discovered a bug that prevented a vote from being executed. Yam tokens were dumped by users causing the tokens to plunge overnight. DYP prevents smart contract risk by ensuring that all their smart contracts are audited, and the codes are secured from participants who try to take advantage of the system.

DYP Staking Pools Tutorial

Deposit your liquidity provider tokens to receive Ethereum rewards

In order to lower the risk of DYP price volatility, all pool rewards are automatically converted from DYP to ETH by the smart contract at 00:00 UTC, and WETH (Wrapped Ethereum) is distributed as a reward to the liquidity providers.

Maintaining token price stability — every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. If the DYP price is affected by more than -2.5%, then the maximum DYP amount that does not affect the price will be swapped to ETH, with the remaining amount distributed in the next day’s rewards. After seven days, if we still have undistributed DYP rewards, the DeFi Yield protocol governance will vote on whether the remaining DYP will be distributed to the token holders (with appropriate slippage tolerance of -2.5%) or burned (all burned tokens are removed from circulation).

To start providing liquidity and earning ETH rewards, you must deposit your liquidity provider tokens (Uniswap LP tokens) into the corresponding initial list of pools: DYP-ETH, DYP-WBTC, DYP-USDC, and DYP-USDT.

Each pool will have four different staking options, with rewards starting from 30.000 DYP up to 100.000 DYP each month, depending on the lock time from a minimum of three days up to 90 days.

In this tutorial, I will use a DYP/ETH pool to add liquidity and start earning Wrapped Ethereum (WETH) rewards:

  1. You should click the following link: https://dyp.finance/#/earn or directly visit the staking app https://app.dyp.finance/

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2. Now, you should click ‘’CONNECT WALLET’’ and log into your MetaMask wallet.

3. Now you can see the staking pools, I will choose DYP/ETH LP pool.

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4. You will have the following four options:

  • DYP/ETH pool with three days Locking and Pool Rewards of 30.000 DYP/month

  • DYP/ETH pool with 30 days Locking and Pool Rewards of 45.000 DYP/month

  • DYP/ETH pool with 60 days Locking and Pool Rewards of 75.000 DYP/month

  • DYP/ETH Pool with 90 days Locking and Pool Rewards of 100.000 DYP/month.

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5. I will choose DYP/ETH pool with 60 Days Locking and Pool Rewards of 75.000 DYP/month

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6. Now, I need to add liquidity on Uniswap to the DYP/ETH pair. I need to click ADD LIQUIDITY, and it will direct me to the following Uniswap page: https://app.uniswap.org/#/add/ETH/0x961C8c0B1aaD0c0b10a51FeF6a867E3091BCef17

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7. I will add 0.1 ETH and the same amount in DYP, at the current price, it will be 34.44 DYP for 0.1 ETH.

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8. You should click Approve DYP and sign the transaction with MetaMask. I will click EDIT to set the Gas to FAST.

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9. Once the transaction is confirmed, you must click Supply.

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10. When the transaction is confirmed, you will receive the LP tokens in your wallet on the staking app.

11. NOW, you should first click MAX, then APPROVE.

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12. By default, the gas fee is set to 100 Gwei and 600,000 gas limit, so MetaMask will show you $39.76. However, it will not spend that amount. You can also click edit and change to slow, average, or fast. Again we recommend using Fast. In my case, it charged me only $2.92.

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13. Now you need to click STAKE, MetaMask will show me again that it will charge me $39.02, but it spent $12.50.

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14. You can now see your LP Staked.

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15. You will be able to CLAIM your Wrapped Ethereum (WETH) rewards every 24 hours.

16. The REWARDS are updated periodically when any liquidity provider clicks CLAIM.

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17. Depending on the pool you have chosen, you will be able to UNSTAKE after 3, 30, 60, or 90 days.

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Source Code
☞ Social Channel
Message Board
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #defi yield protocol #dyp

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What is DeFi Yield Protocol (DYP) | What is DYP token
aaron silva

aaron silva

1622197808

SafeMoon Clone | Create A DeFi Token Like SafeMoon | DeFi token like SafeMoon

SafeMoon is a decentralized finance (DeFi) token. This token consists of RFI tokenomics and auto-liquidity generating protocol. A DeFi token like SafeMoon has reached the mainstream standards under the Binance Smart Chain. Its success and popularity have been immense, thus, making the majority of the business firms adopt this style of cryptocurrency as an alternative.

A DeFi token like SafeMoon is almost similar to the other crypto-token, but the only difference being that it charges a 10% transaction fee from the users who sell their tokens, in which 5% of the fee is distributed to the remaining SafeMoon owners. This feature rewards the owners for holding onto their tokens.

Read More @ https://bit.ly/3oFbJoJ

#create a defi token like safemoon #defi token like safemoon #safemoon token #safemoon token clone #defi token

aviana farren

aviana farren

1623836330

Embrace the growth of DeFi Token Development Like SafeMoon in real-world

“The DeFi token development like SafeMoon was initially launched in March 2021 and created huge hype among global users. It is noted that more than 2 million holders have adopted this SafeMoon token in recent times after its launch in the market. The DeFi token like SafeMoon has hit the market cap for about $2.5 billion. This digital currency has experienced a steady increase in its price value to top the crypto list in the trade market. The future of cryptocurrency is expanding wide opportunities for upcoming investors and startups to make their investments worthy.”

The SafeMoon like token development is becoming more popular in the real world, making investors go crazy over these digital currencies since their value is soaring high in the marketplace. The DeFi like SafeMoon token has grabbed users attention in less time when compared to other crypto tokens in the market. The SafeMoon like token exists on the blockchain for the long run and does not rely on any intermediaries like financial institutions or exchanges. It has a peer-to-peer (P2P) network that benefits global users from experiencing fast and secure transactions.

What is SafeMoon?

SafeMoon is considered a decentralized finance (DeFi) token with great demand and value in the crypto market. It is mainly known for its functionalities like Reflection, LP Acquisition and burning. The DeFi token like SafeMoon functions exactly like tokenomics of the reflected finance, and it is operated through the Binance Smart Chain framework. It is a combination of liquidity generating protocol and RFI tokenomics in the blockchain platform. The launch of the SafeMoon token eliminates the need for central authority like banks or governments to benefit the users with secure processing at high speed without any interruption.

SafeMoon Tokenomics :

The SafeMoon tokenomics describes the economic status of the crypto tokens and has a more sound monetary policy than other competitors in the market. However, it is figured that investment towards DeFi like SafeMoon tokens has a higher potential for returns to benefit the investors in future and the risk associated with it is less. The total supply of SafeMoon tokens is estimated at 1,000,000,000,000,000, and 600,000,000,000 of these tokens are still in circulation. Burned Dev tokens supply is calculated as 223,000,000,000,000, and the shorthand is 223 Trillion. The Fair launch supply is closed around 777,000,000,000,000, and it is circulated for about 777 Trillion.

SafeMoon Specification :

The SafeMoon like DeFi token development is currently the fast-moving cryptos and struck the market cap for about $2,965,367,638. The SafeMoon token price value is found to be $0.000005065 that lured a wide range of audience attention in a short period. The total supply of tokens in the present is one quadrillion tokens.

SafeMoon Protocol :

The SafeMoon Protocol is considered as community-driven DeFi token that focuses on reflection, LP acquisition, and burn in each trade where the transaction is taxed into 5% fee redistributed to all existing holders, 5% fee is split into 50/50 where the half is sold by the contract into BNB and another half of SafeMoon tokens pairs with BNB and added as liquidity pair on PancakeSwap.

Safety: A step by step plan for ensuring 100% safety.

  • Dev burned all tokens in the wallet before the launch.
  • Fair launch on DxSale.
  • LP locked on DxLocker for four years
  • LP generated with every trade and locked on Pancake

Why is there a need for reflection & static?

The reflect mechanism effectively allows token holders to hang on their tokens based on percentages carried out and relying upon total tokens held by owners. The static rewards play a significant role in solving a host of problems to benefit the investors with profits based on the volume of tokens being traded in the market. This mechanism focuses on satisfying the early adopters selling their tokens after farming high APYs.

What is the role of Manual Burns?

The manual burns do matter at times, and sometimes they don’t. The continuous burn on any protocol is efficient for a shorter period, which means there is no possibility of controlling it in any way. It is necessary to have the SafeMoon like token burns controlled and promoted for further achievements over community rewards. It is possible that even manual burns and the amounts to be tracked down easily and advertised. The burn strategy of DeFi like SafeMoon token, is beneficial and rewarding for users engaged over the long term.

How efficient is Automatic Liquidity Pool (LP)?

The SafeMoon protocol ensures to take the assets automatically from token holders and locks them for liquidity. The main intention is to keep the holder in touch with the performance of the SafeMoon token by preventing the dips from whales when they are adopted for the mass trade-off.
The DeFi like SafeMoon token, has great price value in the trade market with fewer fluctuations.

Attractive features present in DeFi like SafeMoon token platform :

  • Stable Rewards
  • Manual Burning
  • LP Acquisition
  • Community Governed Tokens
  • RFI Staking Rewards
  • Automated Liquidity Pool
  • Automated Market Making

What are the benefits offered in SafeMoon like Token Development?

  • The SafeMoon like token development maintains high transparency over user transaction details to gain their trust.
  • It eliminates the need for intermediaries in DeFi token like SafeMoon platform to benefit the users with less gas fee, wait time and faster transaction speed.
  • The DeFi token development like SafeMoon supports borderless transactions for users to transfer funds from anywhere and anytime.
  • It benefits the token holders from gaining exclusive ownership rights over their purchased DeFi like SafeMoon tokens from the marketplace.
  • The smart contracts present in DeFi like SafeMoon token platform manages to operate the overall flow of transactions without any delay.
  • Investors can generate immediate liquidity from DeFi like SafeMoon tokens to increase their business revenue in a short period.

Summing Up :

The DeFi token development like SafeMoon is the next game-changer for the upcoming generation to explore the benefits for their business growth. The investments towards DeFi like SafeMoon token has excellent value in the long run that benefits the investors with high returns. It is highly efficient for trade, buy/sell and transaction. Investors can connect with any reputed blockchain company with professional experience developing a world-class DeFi like SafeMoon token platform with high-end features cost-effectively.

#defi token development like safemoon #defi like safemoon token #defi like safemoon token platform #safemoon like token development #defi token like safemoon

What is DeFi Yield Protocol (DYP) | What is DYP token

Why is DeFi Yield Protocol Unique? DeFi Yield Protocol: Your New On-The-Go DeFi

DeFi Yield Protocol (DYP) will provide a solution to the risk Yield Farming brought in. How? – The DYP is developing a platform that allows anyone to provide liquidity and to be rewarded for the first time with Ethereum. At the same time, the platform maintains both token price stability as well as secure and simplified DeFi for end users by integrating a DYP anti-manipulation feature.

How will this work?

DeFi Yield protocol (DYP) is changing the way you earn through liquidity on Ethereum smart contract. The argument against DeFi is that whales have the power to control the network. DeFi Yield protocol (DYP) prevents the whale advantage in DeFi. DYP anti-manipulation feature ensures that all pool (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) rewards are automatically converted from DYP to ETH at 00:00 UTC, and the system automatically distributes the rewards to the liquidity providers. This feature is excellent because the network’s liquidity will be fair to all participants; no whale will be able to manipulate the price of DYP to their advantage.

Every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. If the DYP price is affected by more than -2.5%, then the maximum DYP amount that does not affect the price will be swapped to ETH, with the remaining amount distributed in the next day’s rewards. After seven days, if there are still undistributed DYP rewards, the DeFi Yield protocol (DYP) governance will vote on whether the remaining DYP will be distributed to the token holders or burned (all burned tokens are removed from circulation).

Smart contracts are the engine room of any DeFi project. The advantage of smart contracts is that the community writes the rules; they can work without human interaction. Unlike the centralized world in which a set of rules are interpreted by a few experts who make decisions. Cool feature, Right. Not really. There is a significant disadvantage of smart contract risk, which happens when there is a bug in a smart contract. YAM finance is the greatest example of a smart contract risk. The team discovered a bug that prevented a vote from being executed. Yam tokens were dumped by users causing the tokens to plunge overnight. DYP prevents smart contract risk by ensuring that all their smart contracts are audited, and the codes are secured from participants who try to take advantage of the system.

DYP Staking Pools Tutorial

Deposit your liquidity provider tokens to receive Ethereum rewards

In order to lower the risk of DYP price volatility, all pool rewards are automatically converted from DYP to ETH by the smart contract at 00:00 UTC, and WETH (Wrapped Ethereum) is distributed as a reward to the liquidity providers.

Maintaining token price stability — every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. If the DYP price is affected by more than -2.5%, then the maximum DYP amount that does not affect the price will be swapped to ETH, with the remaining amount distributed in the next day’s rewards. After seven days, if we still have undistributed DYP rewards, the DeFi Yield protocol governance will vote on whether the remaining DYP will be distributed to the token holders (with appropriate slippage tolerance of -2.5%) or burned (all burned tokens are removed from circulation).

To start providing liquidity and earning ETH rewards, you must deposit your liquidity provider tokens (Uniswap LP tokens) into the corresponding initial list of pools: DYP-ETH, DYP-WBTC, DYP-USDC, and DYP-USDT.

Each pool will have four different staking options, with rewards starting from 30.000 DYP up to 100.000 DYP each month, depending on the lock time from a minimum of three days up to 90 days.

In this tutorial, I will use a DYP/ETH pool to add liquidity and start earning Wrapped Ethereum (WETH) rewards:

  1. You should click the following link: https://dyp.finance/#/earn or directly visit the staking app https://app.dyp.finance/

Image for post

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2. Now, you should click ‘’CONNECT WALLET’’ and log into your MetaMask wallet.

3. Now you can see the staking pools, I will choose DYP/ETH LP pool.

Image for post

4. You will have the following four options:

  • DYP/ETH pool with three days Locking and Pool Rewards of 30.000 DYP/month

  • DYP/ETH pool with 30 days Locking and Pool Rewards of 45.000 DYP/month

  • DYP/ETH pool with 60 days Locking and Pool Rewards of 75.000 DYP/month

  • DYP/ETH Pool with 90 days Locking and Pool Rewards of 100.000 DYP/month.

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5. I will choose DYP/ETH pool with 60 Days Locking and Pool Rewards of 75.000 DYP/month

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6. Now, I need to add liquidity on Uniswap to the DYP/ETH pair. I need to click ADD LIQUIDITY, and it will direct me to the following Uniswap page: https://app.uniswap.org/#/add/ETH/0x961C8c0B1aaD0c0b10a51FeF6a867E3091BCef17

Image for post

7. I will add 0.1 ETH and the same amount in DYP, at the current price, it will be 34.44 DYP for 0.1 ETH.

Image for post

8. You should click Approve DYP and sign the transaction with MetaMask. I will click EDIT to set the Gas to FAST.

Image for post

9. Once the transaction is confirmed, you must click Supply.

Image for post

10. When the transaction is confirmed, you will receive the LP tokens in your wallet on the staking app.

11. NOW, you should first click MAX, then APPROVE.

Image for post

12. By default, the gas fee is set to 100 Gwei and 600,000 gas limit, so MetaMask will show you $39.76. However, it will not spend that amount. You can also click edit and change to slow, average, or fast. Again we recommend using Fast. In my case, it charged me only $2.92.

Image for post

13. Now you need to click STAKE, MetaMask will show me again that it will charge me $39.02, but it spent $12.50.

Image for post

14. You can now see your LP Staked.

Image for post

15. You will be able to CLAIM your Wrapped Ethereum (WETH) rewards every 24 hours.

16. The REWARDS are updated periodically when any liquidity provider clicks CLAIM.

Image for post

17. Depending on the pool you have chosen, you will be able to UNSTAKE after 3, 30, 60, or 90 days.

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Explorer
☞ Source Code
☞ Social Channel
Message Board
☞ Coinmarketcap

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#blockchain #bitcoin #defi yield protocol #dyp

What is Yield Protocol (YIELD) | What is Yield Protocol token | What is YIELD token

Deploy Algorithmic Defi StrategiesYield Protocol is an open source platform allowing anybody to create and execute yield farming & trading strategies on the Ethereum Defi ecosystem.

Yield Protocol is designed to minimize smart contract risk by simplifying the abilities of each contract. Yields Protocols design allows anybody to design financial strategies that others can leverage without giving them access to their funds.Yield Protocols modular design allows for multitude of purposes. Design and deploy yield farming strategies, algo trading, lending and everything in between. These aspects with ever growing arsenals of supporter protocols and pools, makes YieldProtocol the perfect solution.Anybody can start building and using YieldProtocols smart contracts to build their personal yield strategies. At the heart of the protocol is the YIELD native utility token, designed to grow the ecosystem and provide incentives for developers.Simple & Secure Smart ContractsMulti purpose designed smart contractsOpened & PermissionlessYield Protocol is a toolkit allowing anyone to deploy dynamic strategies through a smart contract

The YIELD token is the native cryptocurrency of the Yield Protocol. All products built using Yield Protocols tools are required to integrate the YIELD token into their system. A percentage fee of all the yield generated on all products is converted into YIELD.One token to tie all Products together

Products & Teams building on Yield ProtocolAutomated Yield Farming aggregator focused on personalized risk classification and predetermined stop losses functions. YieldShield is the first product on Yield Protocol

Want to get started building with Yield Protocol?

Hình ảnh

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy Yield Protocol (YIELD)?

YIELD has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy YIELD

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)

SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since YIELD is an altcoin we need to transfer our coins to an exchange that YIELD can be traded. Below is a list of exchanges that offers to trade YIELD in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase YIELD from the exchange:

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once YIELD gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

https://www.binance.com
https://www.bittrex.com
https://www.poloniex.com
https://www.bitfinex.com
https://www.huobi.com
https://www.mxc.ai
https://www.probit.com
https://www.gate.io
https://www.coinbase.com

Find more information YIELD

WebsiteExplorerExplorer 2Source CodeSocial ChannelSocial Channel 2Coinmarketcap

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!

Wallet address:

BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ

I hope this post will help you. Don’t forget to leave a like, comment and sharing it with others. Thank you!

#blockchain #bitcoin #yield #yield protocol

Mikel  Okuneva

Mikel Okuneva

1600549200

Oracles in DeFi Systems: Off-Chain Aggregation vs Centralized Solutions

DeFi projects are changing the way we’re interacting with digital funds. We’re taking real money and transforming them into digital assets that can be used in blockchain-powered applications. Anyway, as much as we want to think that the cryptocurrency world is one that is separated from the actual real-world, it is not. Otherwise, why are you checking the USD price of your tokens?

We are changing the way we are interacting with each other financially, but we are not changing the way we are interacting with the world. Real-world events are influencing our lives and our digital funds. However, blockchain seems to have its own peace. Yes, the price of a token is going up or down. But one ETH will always be one ETH on its blockchain. A block on the blockchain doesn’t know the time. It’s just a block with a number. But blockchain blocks are generated faster or slower based on the external world miners activity.

#defi #cryptocurrency #crypto #oracles-in-defi #off-chain-aggregating-defi #community-curated-oracle-defi #blockchain-oracles #bridge-defi-provable-defi