DeFi Yield Farming Driven by In-game Data - The Next Level of Play to Earn
// Superfarm Driven by In-game Data
Dear Legends,
We are proud to present our beloved investors and/or gamers, who keep supporting our first GameFi Legend of Fantasy War. The first blockchain game with a breakthrough P2E mechanism and truly Real Play to Earn.
In the previous article, we discussed the current play to earn mechanics in the Crypto market. The team behind the blockchain game Legend of Fantasy War would like to introduce the second generation of Play to Earn, playing supports earning. It means that you will definitely earn more by playing. The rewards will come according to your gaming ability, investing strategy and even better if you collaborate with the others. With this mechanism, LFW token and NFT values will have high potential to increase in the future. There will be many more products coming out in the near future. Be prepared, as many pools will open without notice.
In summary, the staking/farming/investing reward will be calculated as follows:
R = R0 +R*
In which, R is the reward, R0 is the minimum reward, it is the same for everyone participating in the reward pool. R* is the extra reward calculated based on battle powers, ranking, game level, guild, GEM & Gold consumption and many more parameters. It will be different from pool to pool.
Not stopping there, vesting period (V) is also a function of time, token holding, and also in-game parameters V*.
V(t) = V0 +V*
// The First Pool
We will open the first staking pool for NFT owners (this is a privilege for Legend NFTs (NFT-721), and Legendary Chest (NFT-1155) on January 29th, 2022. The specific time will be announced in the next article along with how to join and the website to join.
With the first pool, we have not taken into account the R* parameter. The vesting part is very simple, every day when completing daily tasks (required tasks to receive Legendary Chest), you will receive vesting. You can claim rewards at our Reward Portal.
// NFT Staking Pool Details
Number of slots in the pool: 200 - First come First serve
Rewards:
R = R0, R* = 0.
500 LFW (R = R0 )
1 Legacy NFT ranked N
10 bottles of Red Damsel Wine
Staking Period: 30 days.
1000 LFW tokens
1 Legend NFT (NFT - 721)
100 BUSD, this donation will be used to buy back and increase token liquidity.
It is only applied to those of people who has game account (at least 1 NFT (NFT-721) in the game continuously during staking and vesting period)
The staking period will start once the pool is out of slot.
Vesting schedule for 500 LFW staking reward:
V = V0 +V*
200 LFW, which is 40% (V0), at unstake stage.
The remaining 60% (V*): vesting for the next 30 days, you have to complete 1 Legendary Chest quest, which is 2%, in the game every day for 60 days*.
We very much hope this will be the beginning of the real P2E Era. As a strong team, we will introduce reward mechanisms according to your gaming ability for a stable and sustainable in-game economy.
Be prepared with all the conditions to join our staking pool as quickly as possible!
* After this period, you are not able to receive rewards any more!
About Legend of Fantasy War
Legend of Fantasy War is a unique 3D turn-based role-playing online blockchain game. By blockchainizing in-game items, the game provides players ownership of in-game items by owning so-called Non-Fungible Token (NFT). With an engaging storyline, players can both entertain themselves and collect valuable items, even increase the value of items while playing games solo or with others. Thanks to the blockchain of items, owners of NFTs can sell, exchange, and auction transparently on the Legend of Fantasy War NFT marketplace. One of the strengths of the game is the nature of the community. Thus, the game offers a fantastic mechanism that the player and their friends can enjoy the rewards together forever. In short, the game is easy to play and collect valuable items.
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