Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
DYP
DeFi Yield Protocol Expands its Ecosystem by Introducing a Launchpad Platform
DeFi Yield Protocol (DYP) announced on Twitter that it would soon introduce a Launchpad to its ecosystem. According to the 5th September tweet, the Launchpad will introduce some critical features, which should serve as a gateway for high-quality crypto projects. The Launchpad should be an excellent addition to DYP’s decentralized tool dashboard. Also, it brings together all the ecosystem’s advanced features. As of now, the platform consists of DYP Locker, Yield Farm Data, and Decentralized Score. These elements help crypto…
4 years ago
Defi Yield Protocol Rolls Out Exciting Buyback Program With DYP Staking
Defi Yield Protocol(DYP), a leading provider of Decentralized Finance (Defi) products and services, has announced the launch of its Buyback program. The program, which went live yesterday, August 4, 2021, at 13:00 UTC, integrates a DYP staking component that the project's customers will find exciting. Information from DYP's website and Twitter handle explain that Participants depositing their funds in the buyback contract will earn 100% APR on their investments. The product is available on the Ethereum, Binance Smart Chain (BSC),…
4 years ago
6 Uprising DeFi Projects to Track in 2023
The DeFi sphere was launched in 2017 during the launch of DAI, and since then, it has garnered billions in TVL. Although just a few years old, this world has produced some of the best financial tools, thus proving to be one of the most substantial economic disruptions. Now, more platforms with unique tools come out every other month. Although Defi's growth is tremendous, some platforms are yet to go mainstream but have excellent services. Let's look at six uprisings…
4 years ago
DeFi Gems to Keep an Eye on In 2023
Decentralized finance is one of the best financial disruptions of the 21st century. The nascent sector has attracted millions of investors, with the total value locked in the platforms at $41 billion. Moreover, it is one of the biggest beneficiaries of the recent Bitcoin and Ethereum price surges. Yield farming is a lucrative passive income-earning opportunity with more developments within the DeFi space. Consequently, both old and new platforms explore ways to boost their protocols and keep the investors' interest…
4 years ago