DeFi Yield Protocol

DeFi Yield Protocol Airdrop/Bounty is worth $50,000 in ETH for holders who own a minimum 100 DYP, and total Bounty Campaign Pool is worth 200 ETH.

In addition, 5% of your friends’ rewards will be automatically sent to you whenever your friends stake DYP tokens. You do not need to stake, it’s automatically sent to you, free of Gas fee.

About DeFi Yield Protocol

DeFi Yield Protocol (DYP) is developing a unique platform that allows anyone to provide liquidity and to be rewarded with DYP tokens, at the same time maintaining both token price stability and secure and simplified DeFi for end users. DYP is fully developed and backed by an Ethereum Mining Farm with a 35 GH/s hash rate. 

By providing liquidity to any DYP pair pool on Uniswap, the smart contract will automatically try to convert 276,480 DYP (69,120 DYP reward per day, per DYP pool mentioned above) to ETH, every day at 00:00 UTC. 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 governance (Coming soon) will vote on whether the remaining DYP will be distributed to the token holders or burned, which removes them from circulation. 

Blockchain Consilium manually reviewed the DYP smart contract line-by-line, on 18 October 2020. For audit results, please read the audit report. DeFi Yield Protocol is featured on CoinTelegrah.