If you're a fan of the #RPG genre and are looking for games in the #Avalanche and #Solana ecosystem, these are the top names that you should give a shot. Game on! 🎮
And here are some of the latest game updates:
- @HeroesChained Minigame: Fortunes of Ventuna
- @PlayAscenders updated the new whitepaper
- @galaxy_survivor ticket sale is opening
- @DCGgamefi updated new elements, repair function, new intro video, etc
- @PlayEldarune introduced characters: Skull Crusher, Alchemist, etc
- @DomiOnline updated staking to enable earning exclusive NFTs, skins, titles, and more
- @RiseOnlineWorld update Note 2.0.5 has been released
- @TimeShuffleGame open Allowlist Submission for early adopters
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Dive in to learn more about @YetiFinance! This thread 🧵will cover 4 main points:
- What problems does CDP solve?
- What is Yeti Finance?
- How does it work?
- Yeti Finance's Stablecoin: $YUSD
Lending projects for #DeFi have similar role as banks in traditional markets, where they allow capital to flow freely and stimulating economic development.
Lending projects are classified into 2 types: Third party and First party. 👇
Third Party: An intermediary protocol for users to deposit tokens to earn interest and receive profit when lending those tokens back to others.
- Users can borrow & lend
- Not sufficient when the demand for #stablecoins loans is large
- Featured project: @AaveAave with TVL: $6.3B
HOW DOES SUBNET CHANGE THE AVALANCHE ECOSYSTEM? (PART 1)
Since $290 million incentive for subnet development, we've seen two projects that have launched subnet, @DefiKingdoms and @PlayCrabada. Let's take a look at the achievements that these two have achieved!
A thread 🧵
1. DEFI KINGDOMS (DFK CHAIN)
1.1/ Overview: @DefiKingdoms is a #PlayToEarn game on the Harmony #Blockchain platform, the DeFi Kingdoms ecosystem is a combination of games, DEX and Liquid Pool. Up to now, DeFi Kingdoms is the TVL leading protocol of the Harmony ecosystem.
1.2/ How they run Subnet:
- Token $JEWEL was chosen as the gas fee and players only need to hold $JEWEL to pay gas fee
- DeFi Kingdoms uses $JEWEL to control gas fees and keep gas fees as low as possible so that players don't have to worry about high gas fees
A thread 🧵 with insights about @dexalotcom - a revolutionary decentralized exchange aiming at bringing the traditional centralized exchange look and feel through a decentralized on-chain application.
@dexalotcom is a decentralized exchange (DEX) that uses central limit order book (CLOB). Its mission is to provide a truly inclusive and transparent environment where users can securely and efficiently trade cryptocurrencies with no slippage or custody risks.
One of the main standard practices followed by #NFT projects today is launching on expensive #Blockchain networks while also having a first-come-first-serve model for their users.
This introduces not only inefficiency in the innovative markets, but also unfairness for the participant.
JOEPEGS: THE NEW NFT MARKETPLACE FOR THE NFT ON AVALANCHE
Before the #Subnet was released, the #Avalanche ecosystem had mainly focused on the #DeFi market with the substantial rise of prominent projects such as @traderjoe_xyz (DEX), @BenqiFinance (Lending),...
A thread🧵👇
1/ Meanwhile, the term #NFT is also a topic that seems to be hot again with solid development on the @solana and @ethereum ecosystems.
In this article, we will share our perspective on the @joepegsnft project - a new NFT Marketplace platform for the #Avalanche NFT market.
The article consists of 3 main parts:
- Market opportunity of NFT Marketplace on #Avalanche
- What are @joepegsnft? The next piece completes the @traderjoe_xyz ecosystem
- Forecast for Joepegs with current NFT market
In week 23, the event most interested was Chainlink Keepers, and Chainlink VRF supported Avalanche.
Avalanche publishes the "all-in-one" tools for motivating developers to build subnets and contest with prizes of $32K for writing tutorials to launch subnets.
2. HIGHLIGHT NUMBERS
Nearly 3M new wallets +26% over the previous 3 months. It shows a good sign of the #Avax network when the market is currently terrible and unpredictable.
The launch of #Subnet on Crabada, helps the activities in-game vibrant and led to almost $171K burnt.