DeFi Yield Protocol V2 Pools are live on Ethereum, Binance Smart Chain, and Avalanche

Valletta, Malta, 27th December, 2021, Chainwire The yield farming aggregator platform “DeFi Yield Protocol” (DYP) has officially launched its updated buyback, farming, and staking pools. These pools live across multiple chains including Ethereum, Avalanche, and Binance Smart Chain (BSC).  Buyback Pools Ethereum’s buyback pool allows holders to earn up to 350% APY in DYP, by staking WETH, WBTC, USDC, USDT, DAI, or LINK. Meanwhile, Avalanche’s buyback pool offers up to 145% APY. Staking options include WAVAX, USDC.e, USDT.e, WETH.e, PNG, QI, DAI.e, XAVA, WBTC.e, or LINK.e. Finally, the BSC buyback…

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Sonar Aims to Help Solve Gender Inequality of Access in Crypto

Sonar aims to help solve gender inequality of access in crypto. According to the CNBC Invest in You: Next Gen Investor poll, males currently invest twice as much in cryptocurrencies as women (16 % of men vs. 7% of women). Access to information may have become a privilege that can cause a disproportionate distribution of wealth across genders. Additionally, cryptocurrency and its younger Decentralized Finance counterpart have their own barriers against access.  For example, the steep learning curve requires access to a number of tools and exceptional levels of information to navigate. Furthermore,…

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Billionaire Ray Dalio Sees Limitation on Bitcoin’s Price, Doubts BTC Can Reach $1 Million

Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logically … there’s a limitation on its price in relationship to other things like it.” Ray Dalio on Where the Price of Bitcoin Is Heading Bridgewater Associates founder Ray Dalio shared his view on how high he thinks the price of bitcoin could reach in an interview with Lex Fridman, published Saturday. Dalio currently serves as…

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Dogecoin news: DOGE price drops but demands are still high

Dogecoin (DOGE) can barely push past a quarter of a United States dollar for the whole second half of the year. It’s currently dropping in price in multiple exchanges while Ethereum (ETH) and Bitcoin (BTC) have reached a new price floor. Despite this, a lot of companies are slowly opening their online platforms to accept DOGE as an acceptable payment method.  This is likely attributed to how DOGE’s price and network makes it an ideal mode of payment. Many users are still considering its potential to grow past $1 but…

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Cryptocurrencies Open the Doors to Finance for Unbanked and Underbanked

An asset, technology, just money, maybe a business opportunity, and much more sometimes; that’s what Bitcoin is to a large section of cryptocurrency users globally. When Bitcoin launched in 2009, digital payments and blockchain technology glimmered as a ray of hope to many.  As per World Bank, almost 1.7 billion adults do not have any access to any financial services. That’s a sad reality despite the widespread digitalization around us. Good for cryptocurrencies, though, they have a chance at proving their potential by ‘Banking the Unbanked.’ Can Cryptos Change the…

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New to crypto trading? Here are 5 tips on how to start 2022 on the right foot

Trading stocks and cryptocurrencies can be complicated, but here are a few tips on how to get started. It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. As a comparison, the same metric for the S&P 500 stands at 17%, while the volatility spec for WTI crude oil is at 54%. However, it is possible to avoid the psychological impact…

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