Dear users,

MEXC will list iDeFiYieldProtocol (IDYP) in the Innovation Zone and open trading for the IDYP/USDT trading pair. The specific timeline is shown below.

• Deposit & Withdrawal: Opened
• IDYP/USDT Trading: 2022-09-19 12:00 (UTC)

Note: Prices may move greatly for projects listed in the Innovation Zone. Please be cautious of the risks.

To reward the community members for their support, the IDYP team will host a Trade Mining event exclusively for MEXC users. There will be a total of 3,430,000 IDYP up for grabs!

Event Period: 2022-09-19 16:00 - 2022-09-21 15:59 (UTC)

Event link: https://www.mexc.com/earn/trademining

Rules:

• The total prize pool is distributed equally over each day of the event period.
• Users can trade IDYP to share a daily prize pool of 1,715,000 IDYP in proportion to the total amount of IDYP traded for the day.
• • 2022-09-19 16:00 - 2022-09-20 15:59: Share from 50% (1,715,000 IDYP) of total prize pool
  • 2022-09-20 16:00 - 2022-09-21 15:59: Share from remaining 50% (1,715,000 IDYP) of total prize pool
• The daily effective trading volume will be calculated from 16:00:00 (UTC) to 15:59:59 (UTC) of the following day.
• Rewards will be calculated on a daily basis and issued to the user's account on the following day at 08:00 (UTC).

Daily Reward Calculation:

Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool

For Example:

Suppose User A trades 1,000 IDYP for the day, the total trading volume of all participants is 1,000,000 IDYP, and the daily prize pool is 1,715,000 IDYP

Daily reward for User A = (1,000/1,000,000) * 1,715,000 IDYP = 1715 IDYP 

Terms & Conditions

• Valid Trading Volume = Buys + Sells.
• The maximum daily reward for each user is 85,750 IDYP. 
• Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading IDYP/Individual trading volumes of IDYP)
• This event is limited to master accounts, and not available for sub-accounts.
• Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
• Market makers, API traders, and institutional accounts are unable to participate in this event.
• MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
• This event was initiated by the IDYP team, and the rewards are provided by the project party. All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
• MEXC reserves the right to interpret this event at our sole discretion.

Project Info

(This information is provided by the project team. Strictly for reference only.)

Project Name: iDeFiYieldProtocol (IDYP)

Maximum Supply: 300,000,000 IDYP

Website: https://dyp.finance/

Block Explorer (BEP-20): https://bscscan.com/token/0xBD100d061E120b2c67A24453CF6368E63f1Be056

Block Explorer (ERC-20):

https://etherscan.io/token/0xbd100d061e120b2c67a24453cf6368e63f1be056 

Telegram: https://t.me/dypfinance

Twitter: https://twitter.com/dypfinance

Medium: https://dypfinance.medium.com/

Whitepaper

Project Brief Introduction

iDeFiYieldProtocol (iDYP) is an ERC-20 token available on Ethereum, Binance Smart Chain, and Avalanche that is used within the DeFi Yield Protocol ecosystem as part of the smart contracts strategies and the upcoming Metaverse. iDYP tokens facilitate the rewards for the farm, buyback, vaults, and staking pools. The DeFi Yield Protocol Metaverse will use iDYP as a key token by being a crucial component of a fascinating play-to-earn game.

Risk Reminders

Users are strongly advised to do their own research before participating. Nothing herein shall be construed as financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.

Find us on

Medium: https://medium.com/mexcglobal

Telegram: https://t.me/MEXCEnglish

Twitter: https://twitter.com/MEXC_Global

Facebook: https://www.facebook.com/mexcglobal

Discord: https://discord.com/invite/4Jrghy7gxs

Instagram: https://www.instagram.com/mexcglobal/

Blog: https://blog.mexc.com/

Buy USDT Instantly here: https://otc.mexc.com/

Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite

Enjoy trading on MEXC.

The MEXC Team

17 September 2022