The DeFi Yield Protocol (DYP) anticipates the launch of the Metaverse platform with listings on Coinbase, Huobi and MEXC

August 17, 2022 – Bucharest, Romania

DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC.

This is just one of the many developments in the project’s rapid development, including the forthcoming Metaverse platform that will allow users to interact with Cats and Watches Society (CAWS) NFTs. In addition, DYP took center stage at Deep Forest Fest. During this prestigious music festival, DYPians had a great opportunity to meet the team.

The DeFi Yield Protocol (DYP) is expanding the list of reputable crypto exchanges that list their DYP token. On June 21, 2022, Coinbase announced its listing of DYP, with trading beginning the next day. Later, on July 19, 2022, MEXC announced the listing of DYP. Finally, on July 27, 2022, it was Huobi who added DYP to their platform.

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

Typically, when an asset is listed on new exchanges, its price will fluctuate significantly. DYP has not seen any notable changes in its recent listings. However, its value surged from $0.06 to over $0.20 on June 7, 2022. Moreover, it has continued to trade above this level for almost two months.

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

CAWS is a NFT collection of cat wearing watches that come with the ability to pocket your NFT. Each asset has over 200 unique attributes, including watch preferences and personalities. Right 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 a CAWS NFT to participate in DYP’s latest GameFi adventure platform. In the near future, the utility of this NFT collection will be extended to the Metaverse platform, and CAWS will be a companion for those players who own at least one cat in their VR adventure.

In addition, DYP increases 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 precise.

Daniel Garrett, marketing and communications manager at DeFi Yield Protocol, explained in an AMA on Monday that DYP’s project is unique due to its broad product range, including its NFT collection and Metaverse game.

He also detailed 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.

Garrett said

“In general, I think users will come as they hear more about the DeFi yield protocol and become more familiar with what we do. We are concentrating on that right now and this is a great opportunity to contribute on the ground floor.”

Another significant development was DYP’s sponsorship of the Deep Forest Fest. The prestigious event boosted the project’s brand awareness and allowed the team to meet some other DYPians. Also, it was consistent with the philosophy of the project – ‘Together we can create unforgettable moments. That’s what life is about.’

About DYP

The DeFi Yield Protocol (DYP) aims to build a decentralized ecosystem encompassing 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-tampering feature.

To learn more about the DYP protocol and its progress, visit the links below.

Website | Twitter | Telegram | discord | Middle

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