These 10 Metaverse cryptos can make you rich in 2022 There has been a…

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The year is just starting, but cryptocurrencies are moving boundaries and reaching new all-time…

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One major issue the crypto space has faced for a long time now is the issue of interoperability. This however is beginning to be a non-issue as solutions pop up every day in this fast-moving industry of ours. One of these solutions I’ve been impressed with is that of ChainPort and I’d be talking about them in this article.  ChainPort  ChainPort is a permissionless crypto bridge that lets its users port any crypto token to different blockchains like Polygon, Avalanche, Binance Smart Chain (BSC) and Ethereum. ChainPort plans to support all EVM compatible networks. This is detailed on the Roadmap. This ability to transfer tokens to different blockchains enables anyone to make any token blockchain agnostic by carrying out a few simple clicks.  ChainPort works in three simple steps: You deposit tokens You mint them on your target chain  And then they are ready to use on Decentralized Exchanges (DEXs)  ChainPort Features and Benefits  Permissionless — Users can port their tokens between blockchains and boldly trade across the cryptoverse without intervention or limitations.  Simple UX — ChainPort’s porting interface and experience is as user-friendly and simple as it can get.  Embeddable — ChainPort provides a direct link that is connected to the token pair and blockchain of users. This way, it’s easy to have a bridge to the bridge and it’s easier for the community of the user.  Full Interoperability — ChainPort boasts of a full cross-chain portal. This feature allows tokens to port across multiple chains without reverting to the original token.  Fast — ChainPort has one of the fastest bridge speeds in space. An average port takes only 2.5 minutes to complete.  API Integration — You can add ChainPort bridges directly to your token from your digital property.  Secure Bridge — For ChainPort, security is a top priority. The bridge secures all assets on it with a multi-layer technology that combines the latest breakthroughs in MPC cryptography and hardware isolation. There are also other advanced security features like fund segmentation, multi-sig cold wallet protection for assets, multiple contract audits etc.  Live Human Support — There is a live chat support feature on all of ChainPort’s devices How to Use ChainPort  Listed below are the steps you have to follow to successfully use ChainPort’s bridge to transfer tokens between different blockchains.    Connect your Wallet — On a first-time visit to ChainPort, you will need to connect your wallet to the platform. Wallets that are supported include MetaMask, Wallet Connect, Formatic, and Portis. To use other wallets, you can connect them through Wallet Connect via QR. Select a Token —  After connecting your wallet, you have to select the token you want to port over to a new blockchain.  Deposit the Token — After selecting the token you’re trying to port over to another blockchain, you can then deposit that token into ChainPort so that it can be sent over to the blockchain of choice. Approve the Transaction — Next you have to decide how much gas you want to pay for the transaction. This is the last thing you have to do and your tokens will be on a new blockchain.  Check It Out — When your tokens arrive at your Blockchain of choosing, you can press “Check it Out” and you’ll get redirected to Etherscan/BscScan/PolygonScan to view the transaction.  Verified Token   These are tokens that were ported with the help of the ChainPort Team. These tokens have liquidity on the other side of the bridge for you to trade on. Below is a sheet with all the tokens ChainPort supports https://docs.google.com/spreadsheets/d/1-hKsH-n_jIx7ojusO9Wj4UmmgH-WHJN8VTJ5hlvl2E4/edit#gid=0 Token  CPT is the native utility token of the ChainPort ecosystem. It enables a premium discount for utilising ChainPort services throughout the network. Also, with CPT, a rev-share model is enabled for projects and affiliates of ChainPort. These affiliates/projects will earn a percentage of the fees paid for the tokens they help onramp and/or for transactions they refer to the ChainPort network.  The majority of the payable fees are used to buy CPT, which may then be used for burns or in yield strategies. Affiliates, referrers and projects of ported tokens will get some of the fees from the bridge. Holders of CPT who use the bridge with their CPT will have their CPT staked to perform yield strategies.  Another perk of CPT is that its holders will have VIP access to take advantage of the valuable data network effect the platform boasts of. The CPT Token will bridge the data network effect which is generated by ChainPort into a value network effect for all holders of the CPT token. Tokenomics ChainPort has fair tokenomics that has been conceived to share value with its users and supporters. This simple and effective system is built-in and exclusive to the platform. Users Fee + NFT Per Port 0.3% … Continued

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The future of startups is community. Startups have a higher chance of succeeding if they have a community behind them. Having a community is like having a support system with the added bonus of being able to build something together. Community-driven management of enterprises has transformed from a poorly understood, nominal function into a vital […]

The post Can Blockchain’s Capacity for Community Unlock Success for Early-Stage Startups? appeared first on The Daily Hodl.

Peech Capital, a multi-strategy crypto investment and advisory firm, has announced a strategic partnership with Space Falcon, an Intergalactic metaverse integrating the classic space shooting game with built-in premium sci-fi NFTs. Peech will support Space Falcon’s marketing efforts and nurture the ecosystem from the start. Peech Capital helps digital asset firms achieve their goals by […]

Non-fungible tokens, or NFTs, are digital assets that are provably unique. They can be used to represent both tangible and intangible items.

Sub-Saharan Africa is one of the fastest-growing economic regions, but its people still experience major financial issues. Microfinancing is an effective tool that is...

Gaming constitutes a new, up-and-coming and exciting venture in the world of blockchain technology and decentralised applications, and it is furthermore proving to be a highly sought-after and increasingly fascinating ecosystem within the digital asset space. In a recent report, Accenture estimated that the full value of the gaming industry now exceeds $300 billion which is […]

The post Yield Guild Games: The BEST Guild In GameFi? appeared first on Coin Bureau.

Buyback Pools

Ethereum's buyback pool allows holders to earn up to 350% APY in DYP, by staking WETH, WBTC, USDC, USDT, DAI, or LINK.

Meanwhile, Avalanche's buyback pool offers up to 145% APY. Staking options include WAVAX, USDC.e, USDT.e, WETH.e, PNG, QI, DAI.e, XAVA, WBTC.e, or LINK.e.

Finally, the BSC buyback pool'>BSC buyback pool offers up to 100% APY. Users can stake with WBNB, BTCB, ETH, BUSD, or CAKE.

Upon deposit into these pools, the user's funds will be converted into a mixture of DYP and iDYP tokens, and placed into a staking contract. Staker's rewards can vary from 30% to 350% APY depending on the selected chain and the length of time they choose to lock up their tokens (0-90 days). All rewards are distributed in DYP when withdrawn.

Farming Pools

If old users need to withdraw their assets from the V1 farming pool, they will be left with two items. These include DYP, and whichever cryptocurrency/ token they initially deposited on their respective chain. 

With this, DYP users gain greater opportunities to maximize future yield. Those initial tokens can be redeposited into the new farming pool!

On Ethereum, users can deposit ETH, WBTC, USDC, or USDT to earn rewards. Avalanche's farming pools will accept AVAX, while BSC's pool accepts WBNB, BTCB, ETH, BUSD, or CAKE. These rewards can come in the form of WETH,WAVAX, WBNB, or USDT. 75% of this deposit will be placed in its associated iDYP LP, while the other 25% is put toward DYP staking for up to 200% APY.

Rewards are automatically converted from iDYP into WETH, WAVAX, or WBNB respectively by the smart contract, as a shield against the former's price volatility. When withdrawing funds, the total initial deposit will be given back to the despositer, +25% extra rewards in DYP. 

Staking Pools 

Staking one's DYP can earn holders up to 130% APY on Avalanche,  550% APY on Ethereum and 50% APY on BSC. No impermanent loss is involved. As with the buyback pools, users that invest their tokens for longer periods of time will receive the best rates. They may also opt to use the “reinvest” function, automatically storing their gains back into the staking pool for compound interest.

DYP even included a referral program. Those that refer friends and family to DYP get 5% of their friend's staked assets as a reward.

Within a week of launching, 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, totaling $44,149,334 in tokens at the time. Currently, the highest APY available on the protocol is 625%.

Explaining DYP

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

DYP uniquely rewards its users with ETH – a first in the DeFi industry. Anti-manipulation protection is also included. This ensures that people receiving incentives through less reliable platform native tokens, like iDYP, have a stable payout.

DYP's decentralized tool dashboard assists investors in making informed decisions, by  incorporating decentralized scoring, trust vote systems, and yield farm data.

The protocol has exciting projects planned for the upcoming months. These include V2 of its NFT Dapp on BSC / ETH/ Avalanche, and a launchpad for high-quality projects on all three chains. 

What a wonderful time, Christmas is right around the corner (might be after Christmas when you read this) and 2022 is getting closer and closer. When looking back at this year it’s safe to say that at least for those who invested in cryptocurrencies it’s been a great year. Bitcoin is up 100%, Ethereum over […]

The post Crypto Charities and Donations: Embrace The Gift of Giving appeared first on Coin Bureau.

The performance of Solana in 2021 has been astonishing. Unless you’ve been living under a rock there’s no way that Solana’s rapid growth has gone unnoticed to you. Not only has the price of Solana risen, the whole ecosystem has seen massive developments. I have to say looking into it has been a thrill and […]

The post Top 9 Projects In The Solana Ecosystem: Huge Potential! appeared first on Coin Bureau.

One of the biggest explosions into the top 10 crypto market cap is Solana,  the most menacing “Eth Killer” out there amongst the pile of candidates that are chomping at the bit. Since its meteoric price rise from June 2021, there has been huge interest in the project and what it could bring to the […]

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