DeFi Yield protocol anticipates launch of Metaverse platform with listings on Coinbase, Huobi and MEXC

[PRESS RELEASE – Bucharest, Romania, 17th August 2022]

DeFi Yield Protocol (DYP) has announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC. This is just one of many developments in the project’s rapid evolution, including its upcoming Metaverse platform, where users will be able to interact with Cats and Watches Society (CAWS) NFTs. Additionally, DYP took center stage at Deep Forest Fest. During this prestigious music festival, the DYPiens had the great opportunity to meet the team.

The DeFi Yield Protocol (DYP) improves the list of reputable crypto exchanges listing its DYP token. On June 21, Coinbase unveiled its DYP listing, while trading began the following day. Later on July 19, MEXC announcement his list of DYPs. Finally, on July 27, Huobi added DYP to its platform.

DYP supporters, aka DYPians, can buy DYP tokens on these major exchanges, but also on smaller platforms including KuCoin, Gate, Poloniex, Bitrue, ZT, Hoo, CoinDCX, and Onus Finance.

Usually, when an asset obtains listings on new exchanges, its price undergoes considerable fluctuations. However, DYP hasn’t seen any noticeable changes with their recent listings. However, its value surged on June 7 from $0.06 to over $0.20. Moreover, it continued to trade above this level for almost two months.

Almost a week after the price spike, DYP released a blog post explaining its Metaverse project and its play-to-earn (P2E) virtual reality (VR) game. In it, players can venture out with their NFT CAWS, level up, or use their DYP/iDYP tokens for game-related purposes.

CAWS is an NFT collection of cat-wearing watches that provide the ability to stake your NFT. Each asset has over 200 unique attributes, including watch preferences and personalities. For now, CAWS owners can use their NFT to play a 2D play-to-earn game with attractive rewards for its champions. Players must own at least one CAWS NFT to participate in DYP’s latest GameFi adventure platform. In the near future, the usefulness of this NFT collection will expand to the Metaverse platform and CAWS will be a companion for gamers who own at least one cat in their VR adventure.

Additionally, DYP is increasing its brand awareness by expanding its actions in the real world. For example, the project sponsored two racing teams for two different events: Racebox and the Mojo Yachting Club to be more specific.

Daniel Garrett, head of marketing and communications at DeFi Yield Protocol, said in an AMA on Monday that DYP’s project is unique because of its wide range of products, including its NFT collection and Metaverse game.

Additionally, he explained the project’s plans to onboard more users and achieve widespread adoption by using its Metaverse-related products and launching its IOS and Android apps.

“Generally, as you learn more about the DeFi Yield protocol, as you get more familiar with what we do, I think users are going to come,” he said. “We’re focused right now, and it’s a great opportunity to participate in something downstairs.”

Another significant development was DYP’s sponsorship of the Deep Forest Fest. This prestigious event reinforced the notoriety of the project and allowed the team to meet other DYPs. Moreover, it corresponded to the philosophy of the project – “Together we can create unforgettable moments. That’s life. »

About the DYP

DeFi Yield Protocol (DYP) seeks to build a decentralized ecosystem incorporating numerous DeFi products and services, including yield farming, staking, NFTs, and Metaverse gaming. The project runs on unique smart contracts using DYP’s proprietary anti-manipulation functionality.

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to sign up and receive $100 free and 10% off Binance Futures fees for the first month (terms).

PrimeXBT Special Offer: Use this link to sign up and enter code POTATO50 to receive up to $7,000 on your deposits.

Leave a Reply

Your email address will not be published.