Seal Arena
Proof of Strong Hand Contest
At long last, we would like to introduce “Seal Arena” to all our Seal fans. Seal Arena is a proof of strong fists contest. To participate as a gladiator, you have to get your Seal well-prepared. The rules are as listed below:
<1> Each Arena has a certain length of time (30, 60, 180 days, etc.)
<2> Each EOA is limited to let off ONE Seal into each Arena.
<3> To release your Seal, you should exchange with “Seal paired tokens” in the front gate. (HAKKA, LINK, MTA, PICKLE, SNX, UNI, USDT, WBTC, YFI, etc.)
<4> After an arena is full, no more Seal gladiators can join this battle.
<5> The gladiators stay till the last can get the principal plus system rewards.
<6> If the gladiators flee (withdraw Seals) before the period ends, there will be a large fee.
<7> Part of the fee will be awarded to other seals, and the other part will be burnt.
Deflation Model
$Seal itself is inflationary because of the Breed mechanism. On the other hand, Seal Arena can be regarded as a deflation model for $Seal. By combining the breed pools and Seal Arena, we expect to provide a more prosperous and stabilized $Seal ecosystem for all $Seal fans.
First Battle (Opening on 2020/11/29 8:00 UTC)
The first period of Seal Arena is limited to 60 gladiators. This cruel battle would last for a month. The system reward of the first period is 33% (3000% APY). The brave gladiators that last till the end of the period may receive the 33% $Seal reward and fees from the fled gladiators.
New period of arena may be opened depending on the enthusiasm of the $Seal gladiators.
3 New Pools (AAVE, COMP, DAI)
In the mean while, to celebrate the grand opening of the Seal Arena, we introduce the 3 new $Seal pools into the world. Now all Seal lovers can release their brave Seal gladiators with AAVE, COMP, and DAI to join the battle!