Users will be able to trade crypto on DeFi Warrior exchange, add liquidity for the trading pair, and especially use LP tokens in the game.
ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLANDS / ACCESSWIRE / November 30, 2021 / DeFi Warrior is a Play-to-Earn project with a vision of bringing crypto to millions of people around the globe. Just back in October, the mainnet was released, and thousands of players were finally able to earn through playing the game.
DeFi Warrior prides itself in one of the most diverse ecosystems in the GameFi sector. Players are able to trade their NFTs, which come in the forms of warriors and body-parts, on the NFT marketplace. They can also generate massive profits from NFT Two Dollars. Needless to say, the project is living up to its Play-to-Earn status.
Yet the ambition does not stop there. DeFi Warrior is taking a step further in the development by launching DEX and combining it to the blockchain game.
Trading volume on decentralized exchanges are surging according to a Chainalysis report as it so far has jumped 550% in 2021. By launching the project's own DEX, DeFi Warrior is expanding itself beyond the Play-to-Earn sector and starting to attract members from the whole crypto community.
On DeFi Warrior exchange, users can swap both CWIG and FIWA - the two main tokens of DeFi Warrior - to other tokens. At the moment of launch, users will be able to swap both CWIG and FIWA to BUSD and vice versa. On the next step, users can add liquidity to any token pair and take advantage of it in the game.
Liquidity pool and farming
Liquidity pools play a fundamental role in DeFi as they facilitate decentralized trading, lending, and many more functions. Users are finally able to add liquidity to the pool in DeFi Warrior. The pools will receive two pairs of tokens as liquidity, FIWA-BUSD and CWIG-BUSD. In return, users will receive LP tokens.
What's special about the DeFi Warrior LP tokens is that they can be used for more than one purpose, one of which is for farming FIWA. There will be two farming pools in DeFi Warrior, FIWA-BUSD and CWIG-BUSD for LP tokens received from the respective liquidity pools. As FIWA right now is the governance token, farming in DeFi Warrior will become another method for users from the project.
Benefits of DEX in the game
In the game of DeFi Warrior, players will take control of warriors to participate in activities, such as PvP battles, adventures, and bounty hunting. These activities come with many kinds of reward, and all of them play essential roles in how players can earn in DeFi Warrior, along with other in-game activities like gacha or mining.
Each warrior is also an NFT and can be traded on the NFT marketplace. Players can choose to sell them at whatever price they wish to as well as put them on auctions.
So where in the game does DeFi come in?
Many benefits shall come from the LP tokens from the liquidity pools. These tokens are planned to enhance the players' gaming experience. Perhaps they can help reduce the trading fees on the NFT marketplace. Or these LP tokens can also follow the concept of the game by which each token will represent a real world cryptocurrency and add more benefits to the respective warriors. The possibilities are endless. These LP tokens will definitely add more depth to the layers of the game as the project becomes more appealing to the gaming community.
Moreover, the definition of DeFi goes beyond decentralized exchange, liquidity pool and farming. DeFi Warrior started from being a Play-to-Earn game and is now entering a new territory as more DeFi features are being brought into the project, creating its own metaverse and making it an offer hard to the members of the crypto community.
Since the beginning of development, DeFi Warrior has showcased the potential to stand out in the crypto sector and received a lot of support from international investors, including Signum, Hyberchain, and OKEx Blockdream Ventures.
"We have invested across a multitude of projects since 2017, and have garnered great relationships with other funds in this space as well as founders of successful blockchain companies. As a regulated entity based in Singapore, we are able to help our investees navigate both the business aspect as well helping to grow partnerships with other relevant companies or projects in this space. Our team comprises technical and business savvy folks who are always ready to guide or advise whenever we are needed" said John Ng Pangilinan, managing partner at Signum Capital.
By now, there are tons of Play-to-Earn projects in the market, and DeFi Warrior has managed to differentiate itself by launching DeFi features into the project. It is a revolutionary step for DeFi Warrior as this move brings the project closer to its goal, which is bridging the gap between crypto and the gaming world.
About DeFi Warrior
DeFi Warrior is a Defi x NFT Play-to-earn game that was developed on top of the Binance Smart Chain. With an intriguing crypto galactic storyline and one of the most diversified features in the ecosystem, DeFi Warrior promises to deliver one of the most unique experiences to the gaming community and aims to achieve two essential goals: to bring the world of crypto to the masses through gaming, and to pique the curiosity of both the GameFi community and crypto investors.
Telegram announcements: https://t.me/defiwarriorofficial
Telegram official chat group: https://t.me/defiwarrior_chat
SOURCE: Hitech Horizon
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