DuckDAO
Published in

DuckDAO

DuckDAO x DeFi City: Strategic Partnership Announcement

In the last year, two major trends have emerged in the cryptosphere — decentralized finance and non-fungible tokens (NFTs). Both promise to disrupt the way we earn, play, spend, and interact with the new financial economy.

But despite their rising popularity, both DeFi and NFTs remain largely inaccessible to casual users, while many DeFi platforms remain isolated — making it a challenge to keep track of DeFi yields.

With that in mind, we are excited to announce that we have formed a partnership with DeFi City! A platform that makes DeFi not only more intuitive, but also more entertaining through a clever mix of gamification, NFTs, and tokenomics.

As part of our partnership, we will assist DeFi City with cultivating their community, growing their social media presence, and maximizing their chance of achieving success.

What is DeFi City?

DeFi City uses virtual digital cities that users can purchase with DeFi City Tokens (DFC) to gamify the rapidly expanding world of decentralized finance. Each city starts off as a Golden Scroll and is completely randomly generated, has unique cosmetic properties, and provides the owner random opportunities for both token and NFT airdrops.

It aims to make DeFi not only more intuitive and accessible but also more fun, by building an NFT-powered game that makes yield farming fun and simple. Through DeFi City, users will be able to provide liquidity, borrow, lend, stake/unstake, and harvest their yields across multiple different chains through a single gamified interface.

In their city, players will be provided a wealth of data they can use to keep track of their yields — including “farming profits across different protocols, impermanent loss calculations, airdrops, yields ready for harvest,” and more.

As a 16x16 grid, players can customize their cities with different cosmetic items, yield farm positions, and buildings. Users will be able to purchase cosmetics and boosters for their city through the in-game shop using DFC token, these are tokens are burned — reducing the DFC supply. Users can also stake the DFC tokens in their city’s townhouse to earn a yield.

City NFTs can vary in their utility and rarity. Higher tier cities provide additional perks for users, including higher staking yields and better NFT drops. Users can also trade their cities and Golden Scrolls on the open market, creating an economy around rare and desirable cities. Each time a Golden Scroll has opened a fraction of the DFC used to purchase it is burned, further reducing its supply.

Official Links:

Find Out More About DuckDAO🐥

DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast-track their progress on the path to success.

Who will win? One VC or TWENTY thousand ducks?

Official Links:

--

--

--

DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast track their progress on the path to success.

Recommended from Medium

013: Who Determines the price of Bitcoin and Why Do Cryptocurrencies Have Value?jj

The Basket portfolio just got bigger!

Introducing: The Bondly Whitelist Club

What is 0Chain? A Simple Explainer on 0Chain’s Storage & Blockchain (Transcript)

Partnership Announcement — Crema Finance x Blocto

Poolz Ventures Invests in AdaSwap

Massive market growth with over 2000% in NFT sales

Realized Value Equals Adoption

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Zoran Spirkovski

Zoran Spirkovski

Zoran publishes a blog post on Medium every day. He writes about whatever is relevant in his mind on the day he writes. Follow to get updates.

More from Medium

DCD Ecosystem DuckSTARTER — Refundable IDO

DAO Maker Stablecoin Farming: Up to 16% yield with ERC20 Stables!

MGG AMA Recap: AVStar Capital

MH Ventures X Biswap