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defi yield protocol  (DYP)

DeFi Yield Protocol (DYP)

$0.496746 -1.4%
0.00001379 BTC 0.0%
0.00022204 ETH -1.5%
33,135 people like this
Market Cap
24 Hour Trading Vol
24h Low / 24h High
$0.484116 / $0.518206
Circulating Supply
7,500,889 / 24,963,431
Fully Diluted Valuation
Max Supply

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DeFi Yield Protocol Price and Market Stats

DeFi Yield Protocol Price
DYP Price $0.496746
Market Cap $3,726,034
Market Cap Dominance 0.00%
Trading Volume $413,606
Volume / Market Cap 0.111
24h Low / 24h High $0.484116 / $0.518206
7d Low / 7d High $0.510062 / $0.593149
Market Cap Rank #1272
All-Time High $5.05 -90.1%
Feb 20, 2021 (4 months)
All-Time Low $0.484116 2.7%
Jun 18, 2021 (about 19 hours)
Affiliate disclosures
# Exchange Pair Price Spread +2% Depth -2% Depth 24h Volume Volume % Last Traded Trust Score
1 DYP/ETH Info 0x961c8c0b1aad0c0b10a51fef6a867e3091bcef17
0.0002246866667273 ETH
0.6% $58,090 $57,915
318229.336 0X961
38.71% Recently
0.495 USDT
1.25% $3,160 $8,265
31858.772 DYP
3.81% Recently
0.000219 ETH
0.9% $6,779 $2,229
139848.545 DYP
16.58% Recently
0.4857 USDT
0.3% $1,211 $368
176656.653 DYP
20.76% Recently
0.0002198 ETH
0.96% $245 $850
61230.523 DYP
7.30% Recently
Show More
* Anomaly - Trading price is an outlier against the average
** Inactive - No trades in the last 3 hours

DeFi Yield Protocol Coin Price & Market Data

DeFi Yield Protocol price today is $0.496746 with a 24-hour trading volume of $413,606. DYP price is down -1.4% in the last 24 hours. It has a circulating supply of 7.5 Million DYP coins and a max supply of 25 Million. If you are looking to buy or sell DeFi Yield Protocol, Uniswap (v2) is currently the most active exchange.

Why is DeFi Yield Protocol Unique? DeFi Yield Protocol: Your New On-The-Go DeFi

DeFi Yield Protocol (DYP) will provide a solution to the risk Yield Farming brought in. How? – The DYP is developing a platform that allows anyone to provide liquidity and to be rewarded for the first time with Ethereum. At the same time, the platform maintains both token price stability as well as secure and simplified for end users by integrating a DYP anti-manipulation feature.

How will this work?

DeFi Yield protocol (DYP) is changing the way you earn through liquidity on Ethereum smart contract. The argument is that whales have the power to control the network. DeFi Yield protocol (DYP) prevents the whale advantage. DYP anti-manipulation feature ensures that all pool (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) rewards are automatically converted from DYP to ETH at 00:00 UTC, and the system automatically distributes the rewards to the liquidity providers. This feature is excellent because the network’s liquidity will be fair to all participants; no whale will be able to manipulate the price of DYP to their advantage.

Every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. 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 (DYP) governance will vote on whether the remaining DYP will be distributed to the token holders or burned (all burned tokens are removed from circulation).

Smart contracts are the engine room of any related project. The advantage of smart contracts is that the community writes the rules; they can work without human interaction. Unlike the centralized world in which a set of rules are interpreted by a few experts who make decisions. Cool feature, Right. Not really. There is a significant disadvantage of smart contract risk, which happens when there is a bug in a smart contract. YAM finance is the greatest example of a smart contract risk. The team discovered a bug that prevented a vote from being executed. Yam tokens were dumped by users causing the tokens to plunge overnight. DYP prevents smart contract risk by ensuring that all their smart contracts are audited, and the codes are secured from participants who try to take advantage of the system.

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