DYP Review: Is it a Good Investment platform?

Adam Robertson • February 21, 2021

The Defi business is booming with more and more people joining the platforms over time, and the total value locked in Defi is increasing. However, even for Defi experts, there are many risks associated with Defi, one of the biggest threats being market manipulations, with big platforms like Sushiswap suffering. 


Recently, the DYP platform launched with the promise of providing a hedge against market manipulation. DYP is a Defi ecosystem designed to help investors earn passive rewards for Staking, farming, and participating in the ETH mining pools. DYP has its native token, dubbed DYP token, aimed at attracting investors to the platform.


The platform has designated lots of resources for, Staking, yield farming, and other features to increase reliability. Keep reading the review of the functioning of some of DYP’s features. 


Staking 

In the platform, you have to hold some liquidity provider tokens to participate in liquidity provisions and ultimately earn rewards. 


DYP currently has four staking pools, including DYP-ETH, DYP-USDT, DYP-USDC, DYP-WBTC. There are no restrictions as to the persons joining the platform, thus fewer entry barriers. 


DYP's most recent staking report shows that there are currently $65 million locked in the liquidity pools. Additionally, around 3,094.60 ETH has been paid to the platform's liquidity providers since the staking options launch. In a single 24 hour period, the platform was able to generate more than 100 ETH. 


Adding Liquidity to DYP Staking

To participate in the platform's liquidity provisions and earn, you need to provide DYP staking liquidity. Liquidity provision is depositing some amount of the liquidity provider tokens from UniSwap to the four pools above. If you wish to benefit from DYP, you need to get some from the UniSwap DYP token link


Adding liquidity follows these steps;

  • Visit the DYP staking page
  • Connect a wallet out of the five options given. Of course, most Ethereum platform users prefer Metamask, but any of the listed wallets are effective
  • Choose your favorite pool from the ones listed, and select the right lock-up period for you. (Plans range from 23 days to 120 days)
  • Click the 'add liquidity button' the platform will automatically open the Uniswap pair. During this stage, you need to fill in the details about the amount you wish to lock for liquidity
  • Approve the DYP and get a direct link to Metamask, where you select the gas fees and fill in all necessary details, then immediately supply liquidity. After providing the liquidity, your staking app wallet will receive LP tokens
  • After receiving the LP tokes, you need to follow a series of approvals and confirmations, and ultimately your LP amount is staked

DYP Anti-Manipulation Feature

Market manipulation in the decentralized finance space has become more like a way of business. Whales tend to commit fraudulent moves, including exit scams, to benefit from smaller investors' expenses. 

However, DYP is eradicating manipulation. Whales cannot commit exit scams for manipulation of the market. Daily at exactly 00.00 UTC, DYP's autonomous system converts Rewards earned from DYP to ETH. Immediately after conversion, the rewards are distributed to participants. 


If the DYP price reduces by more than 2.5%, it automatically swaps the maximum possible DYP amount to ETH. When swapping, the platform avoids converting too much that can affect prices.


The remaining amounts go to reward distribution. However, if the affected tokens have not been entirely distributed at the end of seven days, there will be a vote to decide whether to distribute or burn.


DYP Yield Farming dApp Development

The latest addition to the DYP platform is the farming dApp with an integrated referral system. Here the rewards range from 20% APR to about 35% APR. Currently, the minimum lock-up period is 30 days, and the maximum is 120 days. 


It's easy to start earning rewards on DYP since you need to deposit DYP tokens in a suitable pool. You can reinvest some of the rewards you earn back into your pool. The referral system integrated allows you to earn 5% of your friend's rewards for informing them about DYP. No gas fees for referral rewards.


The Future of DYP

Although the DYP platform is already well established, the platform is currently working on introducing newer features. Among these features include;

  • DYP earn vault
  • DYP tools
  • Ethereum mining pools will charge 0% in fees while offering a 10% bonus for ETH earned by miners. 


Conclusion

DYP as a Defi network is promising to offer benefits for the Defi platforms and users. Foremost, the staking option is excellent, providing four pools for investors to take advantage of. Their recent report shows DYP is already promising to be the future of Decentralized finance. 


The one benefit present in DYP is their eradication of manipulation of the markets using DYP. Less manipulation could lead investors to trust Defi projects. The DYP platform is new in the Defi and crypto service provision. 


A look at the staking ETH rewards earned for the few weeks the platform has been live shows lots of promise. Additionally, the project team is still busy introducing new features, including Earn vault, tool, and 0% fee ETH mining pools.


Although the platform needs the test of time, as things stand today, it shows excellent prospects. 


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
By press release June 12, 2025
A bold shift is underway in the network marketing space. DigitalBot, the Web 3.0-powered automated trading platform, is making waves across global markets with one clear message: Work fast. Earn big. Build your legacy before the world catches up. Following a successful silent rollout across Latin America and Asia — onboarding multimillion-dollar networks in record time — DigitalBot is now launching its official global leader acquisition phase . This expansion phase offers lightning-fast binary bonuses, daily payouts, and exclusive mentorship programs for ambitious professionals ready to lead the next digital wealth movement. “We created a system that rewards speed, focus, and duplication. If you understand binary, you understand that timing is everything,” said Antonio Salas , CEO and Founder of DigitalBot. What Sets DigitalBot Apart? โšก Binary payouts within hours , not days. ๐Ÿ”’ 100% decentralized Web 3.0 infrastructure — no corporate accounts or centralized risk. ๐Ÿ“ˆ Performance-based model — no artificial ranks, no fluff. ๐ŸŽ“ Millionaire mentorship events with the CEO and elite global leaders. ๐Ÿ’ฐ Performance incentives up to $25,000 , plus Rolex watches and private luxury travel. Who Should Join Now? ๐ŸŒ Network leaders aiming for fast duplication and exponential team growth. ๐Ÿ”ฅ Teams seeking results-driven platforms with daily income potential. ๐ŸŽฏ Influencers and marketers looking for scalable, proof-based income models. The first 1,000 global leaders will receive priority positioning and lifetime binary acceleration — giving them an edge in one of the most disruptive launches of the year. ๐Ÿš€ Ready to Join the Top 1%? Visit https://digitalbot.app to claim your position before the window closes. ๏ปฟ
By Press Release June 11, 2025
In a crypto landscape still reeling from waves of rugpulls, a new initiative, Balz Back, today announced the official opening of its platform for community submissions. Balz Back is designed to turn rugged bags into new liquidity, offering a potential lifeline to countless affected investors. ๏ปฟ Built around the DeFAI Redemption Protocol , BalzBack evaluates communities through onchain behavior and sentiment signals, generating a Community RugScore™ . Once approved, token holders access a Telegram-native app where they can verify wallets, deposit rugged tokens, and receive structured allocations of $BALZ tied to their score and deposit tier. Submissions are now open to leaders, developers, and moderators from impacted communities. Recent examples of affected projects include: $LIBRA – Promoted by Argentine President Javier Milei , with wallet activity linked to Hayden Davis of Kelsier Ventures. Over $250 million lost. $MELANIA – Endorsed by Melania Trump and allegedly connected to Davis, with insiders profiting over $150 million through private allocations and pre-announcement trades. $HAWK Tuah – Backed by influencer Hailey Welch , collapsed following insider-controlled dumping. $WOLF – Deployed through wallets associated with Hayden Davis, collapsed by over 99% within two days, with 82% of supply under one entity. $CUBA , Al16Z , SPEED (linked to Logan Paul ), and $JAILSTOOL (promoted by Dave Portnoy )—each followed a similar extraction pattern. Additional tokens like $ZBEC, $DANTRUMP, RugMask, Pompompurin Coin , and $GANTU have also shown post-launch behavior consistent with insider or predatory flows. BalzBack provides communities with a verified redemption channel , backed by a transparent scoring system and application logic. Once a community is approved, individual members can reclaim value through direct participation in the redemption process. "We’ve created a way to convert rugged bags into fresh liquidity, grounded in verifiable data and built for real users who got left behind," said a spokesperson for the $BALZ team. "We are actively onboarding and reviewing submissions." To apply, visit: https://www.muskybalzac.com/balzback
By press release June 6, 2025
Recently, XRP has risen for five consecutive trading days, hitting a two-week high of $2.2658 on June 4, rebounding about 10% from the low on May 31, showing significant bullish momentum and market confidence. At the same time, a large "whale" transferred 330 million XRP (about $716 million) back to the Ripple company account on June 2. Such huge internal transfers are often interpreted as signals of short-term circulation adjustments and long-term holding intentions. In terms of ETF expectations, many institutions are actively promoting XRP spot ETF applications. If approved, it will bring more institutional funds and pricing transparency to the market, and will also further boost XRP's market sentiment and liquidity. As the XRP ecosystem continues to improve and demand steadily increases, many coin holders are beginning to seek more flexible ways to operate their assets. At this time, the cloud computing mining service launched by BJ Mining is user-friendly and open to XRP users-users only need to deposit XRP into the platform wallet to participate in the cloud mining plan What is BJ Mining Founded in 2015, BJ MINING is a fully compliant cloud mining platform headquartered in the UK. Adhering to the core values โ€‹โ€‹of innovation, security and sustainable development, it provides efficient, professional and environmentally friendly one-stop cloud mining services to global cryptocurrency enthusiasts. The platform’s automated system ensures that users continue to receive rewards without any extra effort. Whether you are new to cryptocurrency or a seasoned enthusiast, BJ Mining offers you a seamless way to make money from home. Advantages of BJ Mining Free Trial: New users who successfully register an account for the first time can receive a $15 new user reward and experience cloud mining for free and without risk. Zero threshold to start: No need to purchase any mining machines, just register and use it, reducing high hardware and electricity costs. Fully transparent settlement: 0 management fee, 0 hidden fee; view earnings with one click in the backend. Free withdrawal of multiple currencies: Support mainstream assets such as DOGE, BTC, USDT-TRC20/ERC20, ETH, XRP, LTC, SOL, BCH, USDC, etc., with zero withdrawal fees. High referral rewards: Invite friends to earn 3% active referral rewards + 2% indirect referral rewards. Safety and security: It uses McAfee® + Cloudflare® dual protection, is fully covered by AIG insurance, and is equipped with 7×24 hours manual online technical support. Three steps to teach you how to make money in BJ Mining Step 1: Register an account It takes less than a minute to create your free account and get a $15 newcomer bonus , which will make you $0.60 per day for free. Step 2: Select a contract We offer a variety of contracts to suit your financial goals. Whether you are looking for short-term gains or long-term returns, BJ Mining can meet your needs. Step 3: Start making money It’s easy to control revenue growth without any management. Daily earnings will be automatically deposited into your account, and you can also withdraw them to your cryptocurrency wallet. Get a stable passive income by participating in the following featured contracts: After purchasing the contract, the proceeds will be automatically credited to your account the next day. When the account balance reaches $100, you can choose to withdraw to your digital currency wallet, or continue to purchase contracts to get more profits. (The platform has launched a variety of stable income contracts, which can be viewed on the official website https://bjmining.com ) Safety and sustainability In the world of cloud mining, trust and security are the first steps to establish cooperation. BJ Mining is well aware of this and puts user safety first. The mine uses 100% renewable energy such as solar energy and wind energy, practices the concept of low-carbon mining, and feeds excess electricity back to the community power grid to help local green development and promote the deep integration of blockchain and environmentally friendly energy. BJ Mining adopts McAfee® + Cloudflare® dual protection, is fully covered by AIG insurance, and is equipped with 7×24 hours manual online technical support to protect your assets. Summary Driven by the continued strength of the XRP market and ETF expectations, with the help of BJ Mining's zero-threshold, transparent and secure cloud mining services, XRP holders can easily participate and steadily increase their value, providing a more flexible and efficient option for asset operations. For more details, please visit BJMining official website ( https://bjmining.com ) or contact the official email address info@bjmining.com . ๏ปฟ
By Press Release June 3, 2025
Had enough of the played-out crypto betting sites? It’s time for a shakeup: step into BET20 Casino , an up-and-coming crypto casino that blends blockchain technology with premium games, better bonuses, and plenty of opportunities to win big. ๏ปฟ BET20.com isn’t your average crypto casino: it’s a no-KYC and VPN-friendly betting site that’s backed by a portfolio of over 10,000 casino games , from slots, table games, jackpots. Getting your winnings isn’t a problem at BET20—you get access to dozens of cryptos for payments, including BTC, USDT, DOGE, and XRP, in addition to fiat currencies like EUR and USD. You enjoy lightning-fast withdrawals, and you don’t have to jump through so many hoops to get approved. And with huge prizes and potential jackpots, BET20 is set to flip the crypto betting script. BET20 Casino: What’s on Deck For New Bettors? At BET20, new players start out strong with its 280% signup bonus of up to €12,000 that’s bundled with 150 free spins. The site’s welcome treat is available on the player’s first three deposits: 1st Deposit Bonus. Double your deposit up to €300 + 50 Free Spins 2nd Deposit Bonus. Get an 80% bonus match up to €400 + 100 Free Spins 3rd Deposit Bonus. Double the deposit up to €500 These deposit bonuses are subject to the use of the promo codes: FIRST, SECOND, and THIRD, and bonus spins are playable on top games like Bonanza Billion, The Dog House, and Gates of Olympus. At BET20 crypto casino , high rollers and VIPs get something extra. By depositing at least €200, the bonus potential becomes bigger: get up to €3,000, €4,000, and €5,000 on the first three deposits. High rollers pick BET20 crypto casino not just for a bigger welcome bonus, but also for its VIP support, flexible betting limits, and a longer list of recurring promos. Here’s what’s in store for existing bettors: Reload Bonuses. Get a 50% bonus when you top up every Wednesday. Free Spins. Claim up 90 bonus spins weekly. Weekly and Monthly Tourneys. Opt in and bet at least €10 to qualify and win a share of the prize pool. Cashback. Enjoy up to 30% cashback during Saturdays. Loot Boxes. Collect instant cash bonus or free spins. Loyalty Program. With 10 tier levels, you get plenty of opportunities to collect points for every real money bet. Play Your Bonus on Over 10,000 Casino Games or Bet on Sports BET20 boasts over 10,000 casino games, spread over popular categories like online slots, table games, crash games, and even its BET20 Originals. We partner with 49 top software vendors like Spribe, JILI, and Play’n GO to keep our games list fresh every time. You big on sports? Have fun supporting your favorite teams and players in our sportsbook section. We cover all popular international sports, from basketball, soccer, tennis, to horse racing, with plenty of eSports betting markets for Dota 2, Valorant, and League of Legends fans. Whether you prefer the planning in prematch betting or thrive in real-time-active or in-play bets, BET20 lets you bet like a pro. BET20 Casino Is Ready to Take on the OGs of Crypto Betting BET20 is an up and coming brand—and it’s ready to disrupt the crypto betting scene. Designed by experienced iGaming professionals and veteran players, BET20 offers instant withdrawals, lightning-fast withdrawals, and just pure blockchain-inspired betting action. Your data remains private, and with its NO-KYC and VPN-friendly setup, game time has never been easy yet secure.Here’s our deal—signing up takes less than 60 seconds, and you’re ready to bet, play, and win big at BET20. Bet on games. Enjoy lightning-fast withdrawals. Join a growing crypto gaming community. You locked in? Check out BET20 crypto casino today. Website : https://www.bet20.com Twitter/X : https://x.com/bet20__ Telegram : https://t.me/bet20officialgroup Facebook: https://facebook.com/officialbet20 Contact : affiliates@bet20casino.com
Show More
paper_plane

NEVER MISS AN ARTICLE!

Sign up and stay up-to-date about what's happening at our site.