Defi Yield Protocol (DYP)

Basics

• Started in / Announced on:
• Mainnet release:
• Based in:
• From Hackernoon (16-1-2021):

"Defi Yield Protocol is a smart contract-based network designed to decentralize liquidity provision to everyone on the platforms. It merges an Ethereum mining pool and yield farming to ensure maximum profitability."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].
• Built on:

• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Roadmap

• Can be found [Insert link here].
• From Hackernoon (16-1-2021):

"Within the next two weeks, DYP will be launching new staking pools with DYP tokens, leading to a total number of 4 DYP staking pools.

1. DYP Earn Vault
2. ETH mining pool
3. Governance upgrade
4. DYP tools with 100% decentralization, aiming to bolter DYP use cases"

Audits

• Bug bounty program can be found [insert here].

Usage

• From Hackernoon (16-1-2021):

"In 24 hours, DYP users earned about 47.69 ETH. Moreso, in just the first 18 days live, the platform's liquidity providers made 609.98 ETH, an equivalent of $652 thousand."

Pros and Cons

Pros

• From Hackernoon (16-1-2021):

"Currently, the most outstanding DYP feature is it's resistance to market manipulation. Due to it allowing everyone to provide liquidity, whalers will not have superiority when causing shifts in prices."

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].

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