From Development to Deployment: Nakama’s dApps on ShimmerEVM
With today’s launch of ShimmerEVM, we find ourselves at a pivotal moment in the history of Shimmer. It’s a moment marked not only by immense pride and excitement but also by the promise of exciting opportunities ahead, as we embark on a journey that reflects months of unwavering dedication and hard work. ShimmerEVM promises to redefine the way we interact with blockchain technology and we at Nakama are thrilled to be among the pioneers ushering in a new era.
ShimmerEVM: a glimpse into the future
ShimmerEVM is not your average Layer 2 solution; it’s a technological marvel that offers several game-changing features. ShimmerEVM builds on top of a feeless Layer 1 coupled with remarkably low fees for Layer 2 transactions.
Additionally, Shimmer’s random order consensus on Layer 2 acts as an resilient shield against malicious tactics, including front-running, back-running, and sandwich attacks.
Leveraging the robust security of Shimmer’s Layer 1 chain, ShimmerEVM offers seamless asset bridging from Layer 1 to any Layer 2 smart contract chain. It’s a groundbreaking achievement that elevates the efficiency of the entire ecosystem.
Nakama’s bold commitment to ShimmerEVM
At Nakama, we’ve made a resolute commitment to launch all our decentralized applications on ShimmerEVM. This commitment underscores our belief in the tremendous potential of this ecosystem. Here’s a sneak peek into our plans for Nakama’s dApps as well as our NFT collections:
Deepr Finance
Deepr Finance, our innovative and secure decentralized lending and borrowing solution, is gearing up to introduce a ‘degen mode’ beta version. While the development of essential bridges and oracles is still in progress, we’ve made a conscious decision not to keep the platform under wraps any longer. In this initial beta phase, only meme coins will be available. Please be aware that meme tokens often exhibit low liquidity and rapidly fluctuating prices, and we want to emphasize the importance of caution and thorough research when engaging with these tokens.
Rest assured, as soon as the required infrastructure is firmly in place, we’ll proudly reveal the full-fledged main version of Deepr Finance which will include the launch of our utility token DEEPR used to incentivise liquidity and share platform fees. Additionally, we’re excited to announce that we’ll be hosting a community live demo session to give you an immersive glimpse into its remarkable capabilities. Stay tuned!
Virtue
Virtue, our over-collateralized stablecoin borrowing platform boasting 0% interest rates, is anxiously awaiting the availability of SMR price oracles and solid liquidity before it takes its grand leap into the DeFi arena. Please be assured that security is our utmost concern, and we are also committed to subjecting our platform to a rigorous and thorough audit before its launch to guarantee the safety of your valuable assets. Stay tuned for forthcoming details and updates; we can’t wait to share more with you in the near future.
Accumulator
Accumulator, our intuitive automatic yield aggregator, is presently in the midst of a thorough rebranding process, and the dApp will be ready to launch once ShimmerSea unveils its LP Farms. In the coming weeks, we have exciting plans to organize a live community demonstration session, where we’ll provide you with an in-depth look at Accumulator’s enhanced features and functionalities. Stay tuned for more updates as we continue to make strides in this exciting journey.
Genie’s Bounty
Genie’s Bounty is a revolutionary platform providing a transparent and secure global gaming experience. This PoC demonstrates that ShimmerEVM offers free on-chain true randomness, making gaming safer and more exciting.
We’re thrilled to announce that Genie’s Bounty is now live, coinciding with the launch of ShimmerEVM. We warmly invite everyone to explore this dApp and put their luck to the test.
Genie’s Bounty is built on a valueless token called CHIP which can be redeemed from a faucet once a day, exclusively intended for play-money purposes. Users should be aware that betting real money will not be possible, ensuring a risk-free and enjoyable experience within our Proof of Concept.
We’re gearing up for a major community session, where all participants will engage in a thrilling contest against each other, with the ultimate winner earning a delightful prize. Stay tuned for further updates on how you can get in on the action and secure your chance to win.
NFTs
In the near future, we’ll be minting Nakama’s NFTs (GODAI) as well as Deepr Finance’s NFT collection, called Subies which will also come with some airdropped DEEPR tokens.
Holding a GODAI NFT unlocks a world of benefits for you: from small token allocations, to early access and Discord privileges. Stay tuned for further details on the minting of these NFTs, which we’ll share in the coming days!
Outlook
Nakama is immensely proud to be among the first movers deploying on ShimmerEVM. We envision a thriving Web3 and DeFi ecosystem, powered by the incredible capabilities of this Layer 2 solution. Our journey has just begun, and we’re excited to embark on it with you, our valued community. As we continue to shape the future of decentralized finance together, stay tuned for more updates, surprises, and innovations. This is only the beginning of an extraordinary adventure!
