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Tag: Yield farming

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

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 All rewards are distributed in DYP when withdrawn.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. 

Volt Inu ($VOLT) Hits 3000+ Holders Four Days after Launch

Volt Inu ($VOLT) backers aim to build a strong community of holders and offer them a ticket to wealth creation. Investors missing the $SHIB vibes of the early days are welcome to join the $VOLT Army. 

How Does Volt Inu Generate Passive income?

$VOLT generates passive income by investing part of its treasury into Blue chip NFTs, stablecoin staking, big and medium cap altcoins, and yield farming. The token also generates passive earning streams with NFTs fractionalization and node acquisitions.

Returns from these activities are distributed to top holders, allowing for continuous revenue generation to be channeled back into the $VOLT ecosystem. 

The Volt Inu tokenomics charge a 13% tax on all transactions that is distributed to reflections, marketing, liquidity addition, and treasury. The dev team plans to put the treasury to work to ensure frequent burns that constantly increase the $VOLT token value for holders. 

Volt Inu is gearing up for its massive 10 ETH $VOLT burn that will deliver more treasury passive income to holders. 

A Bullish Token with a Devoted Team!

The $VOLT token developers set out to offer crypto enthusiasts a low-cap gem with huge moonshot potential. The team promises that there will be no classic burn and dump scheme, instilling trust in the community while ensuring that all holders get what they deserve. 

Crypto investors seeking a secure ticket to wealth creation can invest in this supercharged revenue-generating project with a devoted team and a fast-growing community. The robust tokenomics and burn mechanism expose $VOLT to an excellent risk/reward ratio while ensuring the coin continues pumping in the future.

The project backers have gone a step further to guarantee investors that the project is rug-pull resistant by renouncing ownership and locking 45.5% of the liquidity pool for one year. They have also already sent 47.9%  LP to a burn wallet, a super bullish move especially since this rate will keep increasing due to the $VOLT contract automatically burning the LP tokens it generates.

Since it launched a few days ago, Volt Inu has knocked several significant milestones. Besides attracting an impressive Army of hodlers, the project has secured listings on FEGexchange, Coinmarketcap, and Coingecko.

Moreover, Volt Inu has already surpassed a $5,000,000 market cap, per data from Dextools. The token has just hit its first dip, giving early investors a rare opportunity to fill their bags with quadrillions for very little money.

Volt Inu is Hiring Meme Coin Influencers

Volt inu has acquired the backing of experienced people who have bolstered projects such as Shib, Saitama Inu, and Shinja take flight. $VOLT FOMO has started to take TikTok by storm, likely due to the efforts of these promoters. 

The devs keep delivering and are now looking to hire the influencers who helped popularize successful meme projects like KIBA INU and KITTY INU. The project founders have also announced that big things are coming for their token, starting with an imminent listing on Shibaswap. 

To learn more about Volt Inu and connect with the vibrant $VOLT ARMY, check out the pages below: 

| Website | Telegram | Twitter

Top 9 Projects In The Solana Ecosystem: Huge Potential!

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.

Elfin Kingdom Secures $5.25M in Private Funding Round Co-Led by Binance Labs and Alameda Research

Rio de Janeiro, Brazil, 23rd December, 2021, Chainwire The growth of the GameFi market within the crypto ecosystem has seen tremendous growth in the past year and is showing all the signs for an upward trajectory in the impending future. As such, Elfin Kingdom, one of the most promising projects in the play-to-earn space has

Top 10 Crypto Research Tools: Where To Do Your Own Research?

“Do your own research”. These words (or the initialism DYOR) have been heard more than once especially if you watch the Coin Bureau YouTube channel. That’s because when investing in something it’s best the decision comes from you, made on the basis of information you’ve found while doing your research. Relying solely on a third-party […]

The post Top 10 Crypto Research Tools: Where To Do Your Own Research? appeared first on Coin Bureau.

10 Gaming and Metaverse Projects to Watch in 2022

Earning opportunities in online gaming was once reserved for the obsessives who spent every waking hour refining their skills. Thanks to the advent...

Venture Capital Firm Starts New Half-Billion Fund Focused On Algorand

Borderless Capital, a venture capital firm based out of Miami, has launched a new $500 million fund focused on Algorand (ALGO). The firm announced that its new fund will aim to invest in projects built within the Algorand ecosystem, and is set up to tackle the creators economy with non-fungible tokens (NFTs), as well as […]

The post Venture Capital Firm Starts New Half-Billion Fund Focused On Algorand appeared first on Coin Bureau.

DYP Launches V2 Staking, Buyback, and Farming Pools on Binance Smart Chain

These pools arrive at a critical moment for DYP, which analysts predict will surge by orders of magnitude in the weeks to come. 

DYP's New Pools


According to a company statement, the Buyback pool will allow users to deposit various cryptos or tokens to begin earning. These include WBNB, BTCB, ETH, BUSD, or CAKE.


Upon deposit, assets are converted into a mix of DYP and iDYP tokens and placed into a staking contract. Users can then earn 30% to 100% APR, depending on how long they choose to lock up their tokens. All rewards are then distributed in DYP upon withdrawal.


Farming will provide another method for users to profit from their WBNB, ETH, or BUSD holdings. After depositing one of the platform's supported assets, users can start earning WBNB, ETH, and DYP as their rewards.


To protect from iDYP's price volatility, all pool rewards are automatically converted into WBNB. However, liquidity providers may also choose to be rewarded in ETH. Upon withdrawal, a user's funds will be 75% returned in the original deposit asset, and 25% returned in DYP.

Finally, staking lets DYP holders earn up to 50% APR with no impermanent loss. Like the buyback pool, the yield rate depends on how long users choose to lock up their holdings. It includes an integrated “reinvest” function, automatically distributing rewards back into the staking pool to compound one's earnings. 


The staking pool also features a referral program, which will grant 5% of the referred party's staked earnings back to the person who referred to the Defi Yield Protocol. This gives users the chance to profit from helping market Defi Yield Protocol to friends and family, at no gas fee.


Altogether, the buyback, farming, and staking pools accrued over $40 million in deposits within a week after launch. As a reward, DYP paid 15,867 AVAX, 7,997 BNB, and 9,032 ETH to its respective, amounting to $44,149,334 worth of tokens at the time, With such lucrative payouts, its clear to see why users – and analysts – would be bullish about the platform.


DYP Ready to Pump, According to Analysts


CryptoBusy and Crypto Hustle – cryptocurrency traders and YouTubers – released a collaborative analysis video earlier this month. They offered their predictions for which altcoins would see the greatest returns during this bull cycle. Trading for about $0.72 at the time, Busy said that DYP was “potentially a 100x altcoin or higher”.

“Great team, great whitepaper, great roadmap, and great technology behind this as well,” said the Youtuber. 

Busy called attention to DYP's anti-manipulation mechanism – which protects against the volatility of platform-native tokens used for rewards, such as BNB and AVAX – among other unique features.

Shortly afterward, DYP was deemed a “gem” investment pick by fellow trader CryptoRevolution, in his mid-November video titled “parabolic altcoin picks”. After investing in early November, the Youtuber personally saw 70% gains in DYP after only ten days.


Revolution anticipated that DYP would reach $1.28, or even $1.56 – over double its current market price. This is due to the large number of updates set to launch on Defi Yield Protocol in the weeks to come, which inspires the YouTuber's confidence in its future success. Besides an upcoming NFTs marketplace, DYP will also introduce NFT dapps, and specialized staking pools on Avalanche and Ethereum, equivalent to their new pools on BSC.


What is Defi Yield Protocol?


Defi Yield Protocol (DYP) is a multi-purpose platform for staking, yield farming, NFTs, and various trading solutions. 


Uniquely, DYP is the first Defi platform to reward users in Ether. It also features anti-manipulation protection that protects the rewarding stability for those being rewarded in not-so-stable platform native tokens, such as iDYP.


The platform primarily functions as a decentralized tool dashboard. It includes decentralized scores, trust vote systems, and yield farm data to help investors make informed decisions.

The protocol is set to release numerous features in the future, including staking, farming, and buyback pools on Avalanche and Ethereum.

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Starter to Host IDO of Ape Farmer, a Yield Aggregator Platform

-- Recently crowned #1 launchpad by average ROI, Starter (https://starter.xyz), today announced it will host the launch of $APEF, a Decentralized Finance (DeFi) token of ApeFarmer (https://apefarmer.com/), an advanced yield aggregator and optimizer, constructed on the Binance Smart Chain. 

Ape Farmer will offer "Safe Ape" and "Degen Ape'' sections allowing for increased yield farming profits on their already owned tokens. Deflationary measures will be implemented in the protocol to maintain a steadily increasing market cap, as it aims to be the go-to DeFi platform to offer increased yields for Binance Smart Chain, Cardano (TBA) and Polygon (TBA) enthusiasts.

Unlike other projects that neither list their entry and exit fees, nor display where their fees are being allocated, the yield aggregator will list all entry, exit fees and their destinations. Additionally, while most pools implemented into decentralized exchanges require manual compounding, 99 percent of ApeFarmer's vaults will auto compound- allowing increased yields when collecting rewards. The initial vaults will be handpicked by the ApeFarmer team and its partners. With the addition of DAO, ApeFarmer holders will also be entitled to vote on adding and removing vaults.

“DeFi is growing at a very rapid rate, with projections to grow tenfold in the next 5-10 years. During the quick growth spurt, more and more crypto holders will need a yield aggregator such as Ape Farmer that is suited to feed the holder and not just one specific project,” siad Lionel Iruk, Special Counsel at Starter. “Ape Farmer has created a protocol that captures the DeFi, NFT and governance sectors, is transparent, low cost uses time weighted average prices to mitigate flash loan attacks and other implementations to better benefit the end user.” 

The ApeFarmer Token will have no maximum supply, however, will have auto-burning functions and underlying utilities, including yield farming, where $APEF holders can stake their to earn more Tokens and wrapped Binance coins. Users can also participate in the $APEF lottery every week to earn rewards, apart from using their tokens to trade limited edition Apefarmer.com NFTs. Also, holders staking $APEF token will be able to propose changes to the ApeFarmer protocol including emissions, burn rates, new pools, yield farms.

During the IDO, 250000 $BUSD tokens will be made available for purchase at  $0.75 USD. ApeFarmer's smart contracts automate yields in a cost-efficient manner while utilizing some of the largest DeFi players like Pancakeswap, BBQswap and Babyswap.

Starter's community has provided hassle-free funding to many well known IDO launches and now adds Ape Farmer to the list. For more details on Ape Farmers IDO launch with Starter, please visit https://starter.xyz/

                      

About Ape Farmer

Apefarmer (https://apefarmer.com/) is a yield aggregator with extensive token utility including farming, NFT staking, a lottery and a governance model. The apes plan to automate yields in a cost-efficient method with smart contracts that utilize some of the biggest players in the DeFi industry.


About Starter

Starter (https://starter.xyz) is the leading IDO launchpad, incubator, and investor network for @0xPolygon, $ETH, $AVAX, $FTM, and #BSC, having raised over $25M for 40+ projects, including Cake Monster, Wall St Bets, Nasdex, and Enjinstarter. Starter provides projects access to funding opportunities without the hassle of bureaucratic hurdles or complex KYC requirements. Starter's suite of products include a venture arm Starter.capital, launchpad Starter.xyz, and token vesting and liquidity locking StartVesting.xyz.

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Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge

Polis

Press Release: Polis is launching its first-ever blockchain, PolisChain, allowing users to benefit from its purpose-built DEX and Yield Farming.   November 15th, 2021, Mexico City, Mexico – Polis, the project behind decentralized payments platform PolisPay, is announcing the launch of PolisChain, its first native blockchain to power the Polis ecosystem, which includes the Olympus […]

The post Polis Enters the DeFi Space, Launching Smartchain, DEX and BSC Bridge appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

KuCoin Labs Invest in Huobi-backed SocialFi Platform to Expand into Metaverse & NFT Space

Kucoin-labs-x-torum

Press Release: The latest strategic investment in emerging SocialFi startup Torum from KuCoin Labs will empower the development of a SocialFi Metaverse powered by VR and Web3.0 technologies.    4th November 2021, Kuala Lumpur, Malaysia — Following the strategic investment of Huobi Ventures and 20 other prominent crypto VCs, Torum SocialFi platform is excited to […]

The post KuCoin Labs Invest in Huobi-backed SocialFi Platform to Expand into Metaverse & NFT Space appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz - World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

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