Скачать или смотреть Defi Yield Protocol DYP - Unique Project Review |With Anti-Manipulation Feature&Ethereum Mining Pool

Defi Yield Protocol DYP - Unique Project Review |With Anti-Manipulation Feature&Ethereum Mining Pool

#dyp #uniswap #defiyieldprotocol #defi #liquidity

DYP website: https://dyp.finance/#/home
Crowdsale Whitelist application form: http://crowdsale.dyp.finance/
Community:
  / dypfinance  
https://t.me/dypfinance
  / dypfinance  

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 be rewarded with DYP tokens, and at the same time maintaining both token price stability and secure and simplified DeFi for end users.

How will this work?

By providing liquidity to any of this DYP pair pool on Uniswap (DYP/ETH, DYP/USDC, DYP/USDT and DYP/WBTC POOL), you’ll be able to use a feature which you’ll only experience with DYP. I’m talking about the anti-manipulation feature wherein all pool rewards are automatically converted from DYP to ETH by the smart contract at 00:00 UTC, and ETH is distributed as a reward to the liquidity providers. It means that from that time, no one can move their funds yet unless the auto-conversion has done. Cool feature, right? No whales will be able to sell their DYP profit that will cause the volatility on its price.

Let’s dig a bit more about this.

Every day at 00:00 UTC, the smart contract will automatically try to convert 276,480 DYP (69,120 DYP reward per day, per DYP pool mentioned above) 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 governance will vote on whether the remaining DYP will be distributed to the token holders or burned, which removes them from circulation.

Knowing that there will be anti-manipulation feature for every DYP pair pool, plankton or shrimp users (in opposed to whales) can now enjoy getting profit without worrying whales will move the market, affecting the DYP’s prices.