DeFi / GameFi
The team has created an innovative token staking system where you can stake specific tokens to receive ARK tokens. When creating the current staking system in ARK Infernum, the team had a hidden idea behind it. That idea was DeFi / GameFi.
Before getting into what the idea is about, we want to explain why we choose the current staking system and not go with the original idea.
Faster and easier implementation
Easy to use and explain to new users
Researching the reaction of the community to such a staking system
Main Idea
The main idea was to create a token swap DeFi platform based on the ARK token. A platform similar to Uniswap, Pancakeswap, Alcor swap, Defibox, etc.
What is DeFi Token Swap?
Token swapping is exclusively performed on a DeFi protocol, particularly a decentralized exchange. These exchanges are non-custodial and rely on liquidity delivered by users through the means of yield farming or liquidity mining.
How it works
The user provides a liquidity pool and creates swap pairs
If someone needs to swap tokens, they can come to our platform and swap
Users that provide liquidity receive profit on swap fees
Why in ARK Infernum?
This will be the first-ever DeFi/GameFi platform.
Main Benefits:
More people will be exposed to ARK tokens; hence the game
Different ways to enter the ARK Infernum world (through the game or through providing liquidity)
The ability to earn swap fees (another way to earn with ARK Infernum)
Stability and more liquidity for the ARK token
Please leave your thoughts on this idea in the 🚀 | feedback channel in our Discord - https://discord.gg/hVRatXGTmg.
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