While the decentralized finance (defi) platform Anchor Protocol’s native digital asset ANC has gained more than 180% over the last month, the total value locked (TVL) in Anchor has increased a great deal during that time as well. Anchor Protocol is currently the second-largest defi lending platform in terms of TVL, and over the last […]

Panther Protocol, an end-to-end privacy solution that protects privacy in DeFi and Web3, recently announced its deployment of a number of solutions on Polygon, including private voting and staking. Users can now stake ZKP tokens on both Ethereum’s mainnet and Polygon, enabling ZKP holders to govern the protocol while increasing their tokens’ scarcity. In addition […]

The post Panther Protocol deploys new solution on Polygon to enhance privacy for DeFi appeared first on CryptoNinjas.

The fast-growing sector in the crypto industry now boasts nearly $78 billion locked in multiple protocols, per the latest data from DeFiPulse. The DeFi movement has shown no signs of slowing down over the past year as new protocols continue popping up regularly. These emerging platforms leverage decentralized networks to transform traditional financial products into trustless protocols governed by smart contracts.  

Yield farming aggregator platform DeFi Yield Protocol is leading the charge in the new world order for the financial system by offering rewards in native tokens such as ETH, BNB, and AVAX. The project opens the door to a booming decentralized finance economy that brings crypto proponents options to put their coins to work in a safe and secure environment.

Crypto investors on the innovative platform can earn rewards across the Ethereum, Avalanche, and Binance Smart Chain networks. DYP users have to choose the contract that best serves their needs and watch their wallets grow without the disadvantages of impermanent loss.

The DYP Team Unveils Their Rebranding Plan!

Following up on the launch of their new smart contract that optimizes the buyback, farm, and staking solutions, the DeFi solutions provider has now announced their complete rebranding process. The plan aims to integrate new and cool stuff that gives the DYP ecosystem fresh air and a unique perspective that will significantly impact the crypto and DeFi community.

Mihai Busica, the DeFi Yield Protocol founder, has unveiled part of the features scheduled for launch this year to create a strong brand and take the project to the next level. The team is building a new logo, website, and Dapps for users to give DYP a new face. They also intend to launch new smart contracts for yield farming, staking, borrowing, and lending that allow the community to benefit from high rewards and maximize their profits.

Moreover, the dedicated team will integrate new exciting products, including a Monthly Lottery and a ‘Special Staking Pool' to bring more utility for the DYP Tools and generate revenue for the platform.

The fully decentralized lottery will reward DYP Tools users and participants who purchase tickets with bonuses from the Special Staking Pool. The new functions generate sustainable rewards for all users, proving that the DYP protocol is here for the long haul.

The DYP developers reiterate their commitment to creating an original project that builds its product and smart contracts from scratch, giving the project an edge over competitor platforms that copy or use ideas from existing platforms.

DYP is developing a Metaverse Play-to-Earn Game

The DeFi Yield Protocol team is currently designing a Metaverse platform that features the Cats and Watches Society NFTs collection as one of the main characters. The super cool cat digital collection dubbed ‘CAWS NFT' will bring many benefits to users and have excellent utilities in the upcoming Metaverse.  

Crypto enthusiasts who purchase the super cool cat that collects luxury watches will hold much more than a simple collection of digital art. They will enjoy plenty of advantages on DYP, including the ability to mint an additional stand-alone watch NFT for free.

CAWS NFT holders will also have access to ‘'THE SOCIETY BENEFITS”, allowing them to receive a share of 10% minting fees that will be redistributed to the other NFT owners. 

Holders of the Funky Cat will also receive 2.5% royalties on all secondary sales after the minting process is over and access a special staking pool. CAWS members will also be able to leverage their unique NFT Cat character to gain exclusive access to the Metaverse platform and all DYP products.

Furthermore, The DYP team plans to develop a virtual play-to-earn game, which will be the main attraction of the DYP Metaverse. The V.R. game allows DYPians to enjoy a unique GameFi experience, interact with their peers, make alliances, discover treasures, and earn rewards. Gamers can invest in upgrading their tools and equipment to dig faster for treasures and collect more bonuses.

How DYP is changing the Future in Crypto Earnings

The DYP protocol gives yield farming and staking new perspectives, empowering crypto users to earn even more passive income with their diverse range of products. Per a recent tweet from the team, the protocol has paid a total of 9194 ETH, 9949 BNB, and 25201 AVAX in rewards to users.

The project offers an APR of up to 320% across multiple chains, backing up DeFi market participants with the capacity to lend, borrow, stake, earn interest, and much more. The unique platform grants everyone with an internet connection access to transformational financial solutions such as yield farming, staking, NFTs and DYP Tools.

The latest offering from the leading protocol brings a new DYP Earn Vault that is now ready for action. The product introduces exciting features with compound integration and support for ETH, WBTC, USDC, USDT, and DAI. The contracts have no lock time and deliver 10% APR for ETH and BTC deposits, as well as 15% APR for USDT, USDC, DAI deposits.

Recession risks mounting It’s been another week of significant volatility in financial markets, one in which European indices edged closer to bear market territory, oil prices hit a 10-year high around $120, and safe-haven gold came close to $2,000. The Russian invasion of Ukraine and the severe sanctions imposed on it by the West have […]

DeFi 1.0 blue chips such as Uniswap are as influential as ever but their tokens are fading as a new breed emerges.

By Sonia Pinto, Senior Product Marketing Manager and Alexis Hamel, Product Manager, CustodyCoinbase Prime offers custody and trading for more than 50 DeFi...

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Read Time: 5 minutes In the last couple of years, we have seen several centralized exchanges emerge from the crypto space to ease the buying and selling cryptocurrencies. The bulk of these exchanges is concentrated on the Ethereum network, as it is one of the first blockchains to use smart contracts. It has a community of devs and tools …

PancakeSwap – Working Mechanism, Risks & Using it with MetaMask  Read More »

The post PancakeSwap – Working Mechanism, Risks & Using it with MetaMask  appeared first on Blog.quillhash.

The Russian invasion of Ukraine raises the specter of cyberwar, and highlights growing risks to banks.

The post Asian banks at growing risk of IT outages, data loss appeared first on Digital Finance.

Scotland can best prepare for the future by adopting a bitcoin standard and reaping the benefits of sound money.

Analytics firm Santiment is taking stock of the crypto markets as the world reacts to Russia’s ongoing war with Ukraine. In a new Insights blog post, the firm provides data that tracks the buying and selling action of more than 50 digital assets. Among the most accumulated altcoins were gaming tokens Enjin Coin (ENJ) and […]

The post Crypto Whales Take Advantage of Dip, Swoop In on Ethereum (ETH) and Four Altcoins: Analytics Firm Santiment appeared first on The Daily Hodl.

DUBLIN–(BUSINESS WIRE)–The “Global Advanced Analytics Market by Component (Solutions and Services), Business Function (Sales & Marketing, Operations), Type (Big Data Analytics, Risk Analytics), Deployment Mode (On-premises and Cloud), Vertical and Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The global Advanced Analytics market size to grow from USD 33.8 billion in […]

The post The Worldwide Advanced Analytics Industry is Expected to Reach $89.8 Billion by 2026 – ResearchAndMarkets.com appeared first on Fintech News.