DeFi Degen Land is an online Metaverse where users may engage with the blockchain in-game. NFTs, item ownership, Voice Chat, blockchain interactivity, and P2E mode are all part of the Metaverse.
Recognizing Facebook’s transition to Metaverse, the team saw an opportunity to construct a metaverse that was DeFi-friendly. As a result of the lack of gamification in the DeFi industry, DeFi Degen Land was born. One may argue that many DeFi projects presently portray their product as Gamified / Metaverse, whereas the gamification component is still missing.
Although DeFi can be regarded as a high-risk investment due to numerous abuses, such as Flash Loans, which are known for draining funds kept in smart contracts. As a result, they created a mechanism in which investors earn Bitcoin just by holding the tokens, eliminating the need to stake the tokens and risk having their assets stolen.
DeFi Degen Land team is made up of three persons, each of them provides their own set of talents and knowledge. BLOCKPASS & KYCASTLE have Doxed the team, but it remains anonymous to the general public.
DeFi Degen Land Metaverse
The Metaverse is DeFi Degen Land’s major offering. Their main goal for this Metaverse is to combine gamification and DeFi in a smooth way. The Metaverse will be available soon, allowing players to connect with others in-game, own their own stuff, earn money by playing online games, and use NFTs in-game. This metaverse will make it entertaining and easy for new users to get acquainted with DeFi.
The DeFi Degen Land Metaverse can send and receive data via the blockchain, which opens up a world of possibilities for future development and updates.
- In-game interaction with the blockchain
- Have ownership of your items
- Play online games for prizes
- Use of NFTs in-game
- In-game Voice
The DeFi Degen Land token (DDL) is listed on the Binance Smart Chain and Cronos, and its tokenomics are meant to give both stability and rewards to holders while also promoting ecosystem expansion and growth. Users will be rewarded with a 10% return in Binance-Peg BTCB for each transaction merely by holding DDL; these awards will subsequently be dispersed among investors based on their portion of the circulating supply. This will be automatically sent to the user’s address and will be sent daily following certain purchases.
10,000,000,000,000 initial tokens minted (Fixed Supply, No more to be minted)
Buy 15% / Sell 16% Tax (Slippage 17-23%):
- 8% Rewards
- 3% Marketing
- 4% Liquidity Pool
Detail DeFi Degen Land Tokenomics
- 8% Redistribution In BTC: 8% of every buy/sell is taken and redistributed to all holders. Hold $DeFiDegenLand tokens, earn BTC. A Minimum of 900 tokens is required in order to receive rewards.
- Rewards Paid Automatically: Rewards are automatically sent to your wallet. Just add the BTC token (Binance Pagged) address to your wallet and you’re set.
- 3% Massive Marketing Plan: 3% of every transaction is allocated to Marketing in BTC. This allows us to fuel their most ambitious projects in service of further rewarding their community.
- 1% Sell Fee: An extra 1% fee is applied to all sales. This will allow us to reduce swing-trading and break whales’ control.
- Secured By Design: Initial Liquidity Provided is locked forever (burned). Token forked from an audited smart contract with Certik.
- 4% Auto Liquidity Pool: 4% of every transaction is converted into liquidity for Pancakeswap. It’s automatic and helps create a price floor (stability).
They will continue to build the project with revolutionary upgrades and features as a team full of creativity and passion. Following are some anticipated updates:
- App Store app
- Play Store app
- ENS nameserver compatible (.eth)
- Enjin wallet integration
- VR experience