BSC Farmer’s Weekly Newsletter #19
DeFi Recap
This week BSC DeFi’s total value locked(TVL) reached $20.6 billion.
Among them, PancakeSwap has $8.78 billion ranking the first, Venus $3.36 Billion is the second, Ellipsis $1.25 Billion the third, MDEX $1.05 the fourth, CoinWind $8.25 Billion is the fifth.
Trend of the week
- The best-performed BSC Tokens this week are:
CROSS(140.87%),KP3RB(85.69%),YFII_BEP20(61.99%),KLT(46.33%),zSEED(44.93%)
2. New functions of BSCProject:
- Supports wallet login
- Supports adding favourites
Favorites are associated with the wallet you are currently logged in. Click the wallet address in the upper right corner to view it under My Favorites.
- The project details page integrates: Github statistics/Certik safety audit data to further enrich the reference dimensions of the project evaluation.
Farm of the Week
BiSwap
BiSwap is a liquidity farming and AMM staking decentralized platform based on Binance Smart Chain. BiSwap supports two farming methods: LP farming and BSW single token farming.
At present, the maximum APY can reach 614.67%. You can stake BSW tokens in the BSW auto compound pool.
It should be noted that an additional 0.1% penalty will be paid if you unstake it within 72 hours. Please arrange your farming plan properly.
Reminder: Do your research before any investment, farm responsibly, and never farm with money you can’t afford to lose.
NFT Project Introduction
My DeFi Pet
https://play.mydefipet.com/app/games/bsc
My DeFi Pet is a a virtual pet game incubated by KardiaChain and developed by TopeBox, a Vietnam-based games developer. It combines traditional gaming experience with DeFi, collectibles and your own personality, where players can breed, buy and trade monsters, build their own clans, compete with players, and earn rewards. NFT Pet can also be created and sold on the NFT market.
How to play:
- Prepare DPET token
In the game, each egg costs 3 DPET tokens, which can be purchased via PancakeSwap
DPET Contract:
https://bscscan.com/token/0xfb62ae373aca027177d1c18ee0862817f9080d08
- Buy your egg and incubate it
- After entering the game, connect your BSC wallet, click ‘Shop’ and purchase egg
- After purchasing your egg, you can incubate your egg in incubator
- After incubating your pet successfully, click ‘Place’ to place it in the cage that will continue to make profit. The game also provides a variety of farming systems to choose from.
- Click your pet in the cage and you can start feeding it. You can feed your pet from Lv1 to Lv5, Lv6 and above will cost more DPET tokens. The higher the pet’s level, the better its ability to fight and breed.
- Breeding pet. If you want to breed more generation from your existing pet, click the red heart to breed your pet in the Happy Forest.
- Feeding pet. Click Shop on the front page, and then click Building to buy a farm to farm your crops, which you can use to feed your pets when they are mature.
Plow of the Week
DexGuru
DexGuru gives you unparalleled coverage of on-chain markets integrated into one place and delivered in real-time.
Conclusion
At present, we can see that GameFi, which combines DeFi and NFT, to financialize games or gamify financial products, has become a new hot spot after DeFi. The NFT provides a basis and carrier for value consensus and ownership of game assets. With the help of open financial applications, these on-chain game assets can be collected, traded and even lent.
Early on, GameFi projects such as Axie Infinity focus on the Ethereum chain, which is often affected by congestion and high GAS fees. At present, BSC is tackling the pain point, providing a more cost-effective underlying infrastructure for the popularization of GameFi project, and laying the groundwork for the possible explosion and prosperity of GameFi.
Projects such as My DeFi Pet, CryptoBlades, MOBOX, X World Games, etc., shows us the chance that GameFi can flourish on BSC ecosystem. As time goes by, we are looking forward to the next phenomenal GameFi project at BSC.
