DeFi Yield Protocol profile
DeFi Yield Protocol Profile (DYP)
Score: 3.92 | Poor
Speculative Nano Cap
Project Safety Score

Tue, Oct 19, 2021 8:34 PM

Score 3.92
Rating Poor
Market Cap $5779866.2194243
24hr Volume $831558.66734989
Price $0.38431786700687
Review

DeFi Yield Protocol

token

Ethereum

Why is DeFi Yield Protocol Unique? DeFi Yield Protocol: Your New On-The-Go DeFi DeFi Yield Protocol (DYP) will provide a solution to the risk Yield Farming brought in. How? – The DYP is developing a platform that allows anyone to provide liquidity and to be rewarded for the first time with Ethereum. At the same time, the platform maintains both token price stability as well as secure and simplified for end users by integrating a DYP anti-manipulation feature. How will this work? DeFi Yield protocol (DYP) is changing the way you earn through liquidity on Ethereum smart contract. The argument is that whales have the power to control the network. DeFi Yield protocol (DYP) prevents the whale advantage. DYP anti-manipulation feature ensures that all pool (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) rewards are automatically converted from DYP to ETH at 00:00 UTC, and the system automatically distributes the rewards to the liquidity providers. This feature is excellent because the network’s liquidity will be fair to all participants; no whale will be able to manipulate the price of DYP to their advantage. Every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. If the DYP price is affected by more than -2.5%, then the maximum DYP amount that does not affect the price will be swapped to ETH, with the remaining amount distributed in the next day’s rewards. After seven days, if there are still undistributed DYP rewards, the DeFi Yield protocol (DYP) governance will vote on whether the remaining DYP will be distributed to the token holders or burned (all burned tokens are removed from circulation). Smart contracts are the engine room of any related project. The advantage of smart contracts is that the community writes the rules; they can work without human interaction. Unlike the centralized world in which a set of rules are interpreted by a few experts who make decisions. Cool feature, Right. Not really. There is a significant disadvantage of smart contract risk, which happens when there is a bug in a smart contract. YAM finance is the greatest example of a smart contract risk. The team discovered a bug that prevented a vote from being executed. Yam tokens were dumped by users causing the tokens to plunge overnight. DYP prevents smart contract risk by ensuring that all their smart contracts are audited, and the codes are secured from participants who try to take advantage of the system.

Read more in the whitepaper:

DeFi Yield Protocol Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

DeFi Yield Protocol Safety Report

DeFi Yield Protocol has a safety score of 3.92

DeFi Yield Protocol is a nano cap token.

DeFi Yield Protocol is suited to a speculative investment style.


DeFi Yield Protocol Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile

DeFi Yield Protocol Red Flags

There are currently no DeFi Yield Protocol red flags.


DeFi Yield Protocol Development Score

The DeFi Yield Protocol project has 16 active source code repositories.

The most recent commit was Fri, Sep 24, 2021 4:10 PM

  • 80 Watchers
  • 207 Stars
  • 32 Mentionable Users
  • 0 Vulnerabilities
  • 1 commits in the last 28 days.
Highlights:
  • daily repo updates
  • below average repo stars
  • very low stars
  • very poor watchers
  • no mentionable users

DeFi Yield Protocol Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about DeFi Yield Protocol. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very low

DeFi Yield Protocol Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on DeFi Yield Protocol?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall DeFi Yield Protocol has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • very high gitHub account watchers
  • no reddit articles
  • very poor search result count

DeFi Yield Protocol Awareness Score

The awareness score indicates how well DeFi Yield Protocol is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the DeFi Yield Protocol is but a good measure of longevity is how well the project is known by the general public.

Overall DeFi Yield Protocol this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning DeFi Yield Protocol
  • very poor news articles directly about DeFi Yield Protocol

DeFi Yield Protocol Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Young project age (released Dec 23, 2020)

DeFi Yield Protocol Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very low USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

DeFi Yield Protocol Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

DeFi Yield Protocol Exchanges
DeFi Yield Protocol Explorers
DYP
Community Trust Score (DYP)

5/5

1 review
Erica James
Sat, Sep 4, 2021 11:42 PM
One of the gem will get value soon. I really liked the project of the Dyp.
0 0

66.67%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project whitepaper
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
Community Signals

5/5

(1 review)
Community Trust Score
Market Cap Rank:
1218
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
DeFi Yield Protocol Github
DeFi Yield Protocol News
  • DeFi Yield Protocol (DYP): A Low Cap Gem with High

    Tue, Oct 19, 2021 7:00 AM

    VALLETTA, Malta, Oct. 19, 2021 (GLOBE NEWSWIRE) -- The DeFi Yield Protocol (DYP) is proud to...

    read more...
  • Why DeFi Yield Protocol DYP has the potential to 1.000x

    Sat, Aug 28, 2021 8:06 PM

    NYC, Aug. 28, 2021 (GLOBE NEWSWIRE) -- In some ways, crypto is quite similar to the gold rushes...

    read more...
  • Earn 100% APR with the DeFi Yield Protocol Buyback Program

    Thu, Aug 5, 2021 1:52 PM

    VALLETTA, Malta, Aug. 05, 2021 (GLOBE NEWSWIRE) -- The DeFi Yield Protocol (DYP) is the first and...

    read more...
  • DeFi Yield Protocol (DYP) Follows Up Its Chainlink Price

    Thu, Jun 24, 2021 5:37 PM

    VALLETTA, Malta, June 24, 2021 (GLOBE NEWSWIRE) -- DeFi Yield Protocol (DYP), a top yield farming...

    read more...
  • DeFi Yield Protocol (DYP) 24 Hour Volume Hits $680,365.00

    Thu, May 27, 2021 3:36 AM

    DeFi Yield Protocol (CURRENCY:DYP) traded down 2.7% against the dollar during the 1 day period...

    read more...