Cats and Watches Society (CAWS) #NFTs Update
Our fellow #DYPians,
The team would like to make an important announcement before releasing the CAWS mint date:
After long discussion with our community, and a review of the Whitelist, the team has made the decision to mint CAWS on the Ethereum Blockchain exclusively. We felt this was necessary and in the project’s best interest due to the following findings:
After a complete evaluation of CAWS NFTs future, we came to the conclusion that most of the current NFT users are on Ethereum blockchain as well as the biggest secondary NFTs markets like OpenSea & LooksRare. In fact, more than 75% of CAWS registered Whitelist members chose the Ethereum Network to mint on as well. As a team we felt that in the long run the CAWS project and its users will gain more benefits from minting on the wildly popular Ethereum network.
In addition, we took the security of the project into consideration as well. While testing multi-chain minting, the team ran into issues that were unacceptable and we felt it would be best to release our CAWS NFT without taking the additional risks. We want to ensure that the CAWS mint is as smooth and fair as possible to all users and this change dramatically increases the odds of a successful launch.
We, here at DYP, understand this announcement may be discouraging to some, but rest assured that we remain committed to our multi-chain access goals. In the near future our NFT and Gamefi products will be available on multiple chains, such as: Binance Smart Chain, Avalanche, Polygon, etc.
As always, the main concern of our team is the safety and security of our users and the DYP platform.
Like we always say, we consider ourselves to be the end user and everything that we develop with DYP & CAWS is in the best long term interest of the project.
The DYP team salutes all the #DYPians out there and would like to thank all of you for your unconditional support ! Stay tuned for more announcements and CAWS minting date soon!
About DeFi Yield Protocol
The DeFi Yield Protocol (DYP) is a unique platform offering solutions for yield farming, staking, NFTs, and enabling users to leverage the advanced trading tools of the DYP. What makes the DYP a unique yield farming aggregator?
The protocol employs an anti-manipulation feature, aiming to limit the market impact on users.
Anti-manipulation targets to keep stability, fair access to liquidity, and supply a secure and simplified DeFi platform for users of all sizes.
The central feature of the DYP is the decentralized tool dashboard. It provides advanced features, including Decentralized Score, Unique Community Trust Vote System, DYP Locker, Yield Farm Data, and LaunchPad, allowing users to make informed decisions, which maximize yields and reduce risks.