CryptoRevolution

DYP Launches V2 Staking, Buyback, and Farming Pools on Binance Smart Chain

Retrieved on: 
Sunday, November 28, 2021

Upon deposit, assets are converted into a mix of DYP and iDYP tokens and placed into a staking contract.

Key Points: 
  • Upon deposit, assets are converted into a mix of DYP and iDYP tokens and placed into a staking contract.
  • After depositing one of the platforms supported assets, users can start earning WBNB, ETH, and DYP as their rewards.
  • Besides an upcoming NFTs marketplace, DYP will also introduce NFT dapps, and specialized staking pools on Avalanche and Ethereum, equivalent to their new pools on BSC.
  • The protocol is set to release numerous features in the future, including staking, farming, and buyback pools on Avalanche and Ethereum.