DeFi Staking: Launch of Dypius (DYP) pools

The Earn Network is delighted to announce the successful launch of Dypius $DYP staking programs. This launch is special because it brings a few new pioneering mechanisms that provide even more diversified earning opportunities available on the Earn Network dApp.

Staking Programs Details

We have launched three staking pools of $DYP: one on the BNB Smart Chain and two on the Ethereum network.

Staking at BNB Smart Chain network

The pool on the BNB Smart Chain is straightforward: users can lock their $DYP tokens for 150 days in exchange for 14.15% APR, which will be unlocked when the staking period is over. It's perfect for $DYP holders who don't want to worry about what to do with their tokens and just want to earn rewards. The pool of tokens provided for this smart contract is 22,500 $DYP tokens.

Staking at Ethereum network

Two Ethereum pools are unique when it comes to rewards because both of them have extra bonuses provided by the Dypius team in the form of NFTs from their ecosystem:

• The 60-day pool provides 10.35% APR in $DYP rewards and will allow the first users who stake more than 5,000 DYP to claim one of the 20 NFTs from the CAWS collection. Only the first 20 users will be able to claim their NFT, so hurry up to get it before others!

The 90-day pool is the Holy Grail of Earn's Pools, available only for one chosen user. To have a chance to get the access code, users need to complete a few easy tasks available on our Gleam campaign. The main reward for the lucky user is: 1,500 DYP tokens and an NFT from the World of Dypians collection.

The winner will be announced and gifted with the possibility to stake into the special pool. In order to receive the main reward, the allowed user will need to stake the 10,000 DYP tokens for 90 days.

However, not only the lucky winner will get rewards. Everyone who will complete Gleam tasks will receive 10 DYP tokens (7,500 DYP rewards pool at BNB Smart Chain) and 200 EARN Points, which will be exchanged for EARN tokens when it launches. To learn how EARN Points work, please see our article related to the $EARN airdrop.

Step-by-Step Guide to Staking $DYP on Earn Network

To ensure a smooth staking process, a detailed step-by-step guide has been provided. This guide will assist users in staking their $DYP tokens efficiently into the pools and claiming rewards.

Stay Updated

This launch marks just the beginning of what promises to be a rewarding journey. Users are encouraged to stay tuned for more updates and opportunities as the Earn Network and Dypius continue to innovate and collaborate.