Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. DeFi Yield Protocol (DYP) is now available on KuCoin. Supported trading pairs are DYP/USDT and DYP/ETH.
Please take note of the following schedule:
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
30,000,000 | $9,634,860 | 2020-10-04 | PoW |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
3,537,982 | $990,462 | $2 | ECDSA |
* The key metric numbers are calculated as at March 23, 2021
The DeFi Yield Protocol is developing a unique 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 DeFi for end users by integrating a DYP anti-manipulation feature.
DYP tokens represent voting shares in DeFi Yield protocol governance. The introduction of DYP tokens serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol toward the future.
DYP holders through governance can vote to add more pools, burn tokens, or allocate DYP toward grants, strategic partnerships, governance initiatives, and other programs.
Official Website: https://dyp.finance/#/home
Know More About DYP: click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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