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Sabtu, 21 November 2020

Get to know the Defi Yield Protocol

 

1. Defi Yield Protocol is a project that has a vision for yield agriculture

     A. What is Agricultural Yield in Finance?

          Yield farming is a way to generate more crypto with your crypto. This
          involves you lending your funds to others through a miracle program
          computer called a smart contract. In return for your services you earn
          fees in the form of cryptocurrency. Pretty simple, huh? Not too fast.
          Yield Farmers use quite complicated strategies. They are constantly moving
          their crypto among various lending markets to maximize returns. They
          also very secretive about the best yield farming strategies. Why? More and more
          people know about a strategy, the less effective it will be. Agricultural produce is a part
          west of decentralized finance (DeFi), where farmers compete for income
          farming opportunities with the best crops.

    B. Are there any risks from this agricultural product?

          the answer is of course there Yield farming is not as simple as it seems. Yield farming strategy
          the most profitable ones are complex and recommended only for users
          advanced level. In addition, agricultural produce is generally more suitable for those who own
          a lot of capital to spread. If you don't understand what you are doing,
          most likely you will lose money.
          One of the real risks of yield farming is smart contracts. Due to the nature of DeFi, a lot
          the protocol was created and developed by a small team with a limited budget. This can
          increases the risk of smart contract bugs. Another risk associated with the insane% APR on offer
          some of it in the first few days. Unfortunately, many users fail to
          takes into account the possible risks involved (Yolo's farm).
          The DeFi Yield Protocol (DYP) aims to solve this problem with
          develop a platform that allows anyone to provide liquidity and
         rewarded with DYP tokens, at the same time maintaining the stability of token prices and DeFi
         which is safe and simplified for the end user. The project starts with four stages:

   2. DYP Liquidity Mining and Prize Distribution

          Who is not interested in mining and prizes? almost every course
          people who understand this want it
          To start providing liquidity and earning DYP tokens, you need to deposit
          Your liquidity provider tokens (Uniswap LP tokens) into the corresponding initial pool list:

          DYP-ETH Pool Prizes 69,120 DYP / day
          DYP-USDC Pool Prizes 69,120 DYP / day
          Prize Pool DYP-USDT 69,120 DYP / day
          DYP-WBTC Pool Prizes 69,120 DYP / day

          Once done, you will start earning DYP, the DeFi Yield protocol governance token.
          To lower the risk of DYP price volatility, all prize pools are automatically generated
          converted from DYP to ETH by smart contract at 00:00 UTC, and ETH
          distributed as gifts to liquidity providers.
          Maintaining the stability of the token price - every day at 00:00 UTC, the smart contract will be
          automatically tries to convert 276,480 DYP to ETH. If the DYP price is affected more
          from -2.5%, then the maximum amount of DYP that does not affect the price will be exchanged
          for ETH,
          the remaining amount will be distributed in the next day's prize. After seven days, if it's still there
          DYP gifts that have not been distributed, DeFi Yield protocol governance will choose whether
          The remaining DYP will either be distributed to token holders or burned, which removes them
          from circulation.

      3. Ethereum Mining Pool and Produce Farming

          Ethereum mining pool & yield farming for miners is the next core feature
          from DYP for tokens to achieve long-term profitability.
          Ethereum Miner DYP Address https://ethminer.dyp.finance/
          What is this? This is our Ethereum Miner address. The DYP team has been mining Ethereum
          ever since
          2017, and now we are ready to help the Ethereum Mining Community with bundles
          our Ethereum mining combined with yield farming. We
          invested over $ 1 million dollars in our Mining Farm, so you can rest assured
          that we understand the needs of the community.
          Every Ethereum Miner address our smart contract interacts with will receive
          monthly bonus 10% of earned ETH monthly income. Say the price of ETH is

$ 400, DYP price is $ 2, and your estimated monthly income is 1 ETH - in

          In this scenario, you will get a monthly airdrop of 20 DYP tokens worth $ 40. This         
          it doesn't stop there; To claim your monthly DYP token airdrop, you must
          first join our Ethereum mining pool for 0% fee,
          which means you will also get more ETH every month!
          Ethereum mining pool & yield farming for miners will give a bonus
          10% monthly DYP + 0% mining fee for all Ethereum miners. Pool
          Ethereum mining will be launched as soon as we reach that hash rate
          required to mine pools. We currently have a hash rate of 35 GH / s of
          our miner, but the required hash rate is 250 GH / s.

2. How to generate DYP

    2.1. DYP Earn Vault is an auto yield farming contract that allows users to deposit specific tokens,
           where the protocol automates the yield farming strategy by moving provider funds between the
           most profitable platforms. Of these profits, 75% is converted to ETH and distributed to liquidity
           providers, while the remaining 25% is used to buy back our protocol governance tokens for
           added liquidity.


C. DYP REFRENCE FEATURES

    1. If you refer DYP to your friend, 5% of your friend's gift will be automatically sent to you
        whenever your friend bets DYP. You don't have to bet, it's automatically delivered to you, no gas
        costs.


D. About DeFi Yield Protocol (DYP)

    1. About DeFi Yield Protocol (DYP)

          Tokenomics
          DYP contract address: 0x961C8c0B1aaD0c0b10a51FeF6a867E3091BCef17
          DYP allocation
          30,000,000 DYP has been printed at genesis and will be accessible for two years. Allocation 2
          years are as follows:
          75.29% for DeFi Yield protocol community members: 22,588,800 DYP
          16,588,800 DYP distributed for pool prizes over the next 60 days
          5,000,000 DYP distributed monthly to the Ethereum mining pool
          1,000,000 DYP locked up for one year for Uniswap liquidity at token launch
          8.03% for team members and prospective employees: 2,411,200 DYP awarded over 24 months,
          released monthly
          16.67% for investors: 5,000,000 DYP
          DYP was created with the help of several developers who have experience with Ethereum
          Mining since 2017, https://ethminer.dyp.finance/. Over time, full control over tokens and
          the function will be handed over to token holders involved in the project.

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