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

Valletta, Malta, December 27, 2021, Chainwire

The Yield Farming aggregator platform "Defi Yield Protocol" (DYP) officially started its updated buyback, farming and staking pools. These pools live in several chains, including Ethereum, Avalanche and Binance Smart Chain (BSC).

buyback pools

The Ethereum's buyback pool enables owners to earn up to 350% APY in DYP by using Weth, WBTC, USDC, USDT, DAI or Link.

In the meantime, the buyback pool from Avalanche offers up to 145% APY. The staking options include Wavax, USDC.E, USDT.E, WEHT.E, PNG, Qi, Dai.e, Xava, WBTC.E or Link.e.

Finally, the bsc repurchase pool 100% APY. Users can play with WBNB, BTCB, ETH, Busd or Cake.

When depositing in these pools, the user's funds are converted into a mixture of dyp and idyp token and placed in a staking contract. Stakers' rewards can vary between 30% and 350% APY, depending on the selected chain and the duration that they choose to block their tokens (0-90 days). All rewards are distributed in DYP during the payment.

agricultural pools

When old users have to deduct their assets from the V1 farming pool, they remain two objects. This includes DYP and every cryptocurrency/every token that you originally stored in your respective chain.

This gives DYP users greater options for maximizing the future yield. These initial tokens can be repaid in the new farm pool!

On Ethereum, users can deposit ETH, WBTC, USDC or USDT to earn rewards. Avax's farming pools accept Avax, while the pool of BSC WBNB, BTCB, ETH, BUSD or Cake accepts. These rewards can take place in the form of Weth, Wavax, WBNB or USDT. 75 % of this deposit are placed in the associated IDYP LP, while the other 25 % are fed to DYP staking for up to 200 % APY.

premiums are automatically converted by the Smart Contract from Idyp in Weth, Wavax or WBNB in ​​order to shield their price volatility. When lifting funds, the entire initial deposit is reimbursed to the deposit, +25% additional rewards in DYP.

staking pools

The daking of the DYP can bring up to 130% APY on Avalanche, 550% APY on Ethereum and 50% APY on BSC. It is not a temporary loss. As with the buyback pools, users who invest their tokens over a longer period of time receive the best prices. You can also choose to use the "Reinvest" function in which your profits are automatically saved for the compound interest in the staking pool.

dyp has even integrated a recommendation program. Those who refer friends and family to DYP receive 5% of their friend's assets.

Within a week after the start, 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, which at that time corresponds to a total of $ 44,149,334 in tokens. The highest APY available for the protocol is currently 625%.

about Dyp

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

dyp rewards its users with ETH in a unique way-a premiere in the defi industry. Manipulation protection is also included. This ensures that people who receive incentives through less reliable platforms such as Idyp receive a stable payment.

The decentralized tool dashboard from DYP supports investors in well-founded decisions by incorporating decentralized scoring, vote vote systems and earnings farm data.

The protocol has planned exciting projects for the coming months. This includes V2 of its NFT DAPP on BSC / ETH / Avalanche and a launchpad for high -quality projects on all three chains.

contacts

• dype finance
• Contact@dyp.finance