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Dypius [OLD] is a decentralised ecosystem that focuses on scalability, security, and global adoption through next-gen infrastructure. It offers a variety of products and services, including yield farming, staking, DeFi tools, NFTs, and Metaverse solutions. The primary purpose of Dypius is to provide a comprehensive platform for users to engage in various DeFi activities securely and efficiently.
Dypius operates as a decentralised ecosystem built on blockchain technology, supporting Ethereum, BNB Chain, and Avalanche to enhance interoperability via its bridge functionality. The platform uses a Proof of Stake (PoS) consensus mechanism, which is more energy-efficient than Proof of Work (PoW). Dypius employs smart contracts to manage its yield farming, staking, DeFi tools, NFTs, and Metaverse solutions, ensuring secure and automated transactions.
Dypius [OLD] offers several potential use cases:
Dypius, originally known as DeFi Yield Protocol (DYP), was founded by Mihai Nicusor and Razvan Ion. It began its journey in October 2020 with a focus on decentralised finance solutions. Key milestones include the introduction of a bridge feature in April 2021 for token swaps between different blockchain networks and strategic partnerships with various platforms. Over time, Dypius evolved from a simple yield farming protocol into a comprehensive DeFi ecosystem, prompting a rebranding to expand into Metaverse opportunities.