DEFI
Last updated
Last updated
In TheGame.fun💊, game items are not only core elements of the gaming experience but also integral components of the game's economic system. Common items facilitate high-frequency, large-scale asset transactions, making them ideal low-barrier Web3 use cases to help traditional game users become familiar with and accustomed to Web3 functionalities. Rare items, with their unique appearances and functions, provide players with personalized advantages and competitive edges, along with high collectibility and market liquidity.
The trading and circulation of these items not only foster interactions and cooperation among players but also provide practical application scenarios for game tokens, thereby enhancing the tokens' value and stability. Through a carefully designed economic system, TheGame.fun💊 achieves a deep integration of intra-game and extra-game economic cycles, promoting the growth of in-game asset values and long-term user engagement.
DEFI's various functional modules offer both accessible asset usage and interaction experiences, as well as advanced asset applications:
Mystery Box Module: Spend game tokens to unlock game item mystery boxes.
Exchange Module: Spend game tokens to exchange for game items.
Raffle Module: Stake game tokens to participate in raffles.
UGC Module: Players are not just consumers but creators of valuable game-related content, contributing to community governance and driving continuous evolution and optimization of games.
Governance Module: Within communities, players can stake tokens to vote on issues such as asset issuance, profit distribution, game mechanisms, feature versions, and other official topics.
Asset Forging (Advanced Module): Through token staking, users can participate in the forging and governance of rare items, earning corresponding token rewards. Users stake tokens to vote on aspects including appearance and specific numerical values of rare items that cannot be produced or purchased in-game. The most popular options are ultimately forged, and users participating in the voting receive dual rewards of game items and game tokens from both official and item sales.
Asset Shard Trading (Advanced Module): Shard trading of rare items is a crucial token application scenario. Successfully forged items are divided into standardized shards for user trading, establishing final pricing and sharing sale profits with the game.
Vault-to-User Trading: Each rare item, ultimately an NFT, enters the innovative issuance mechanism and is fragmented into NFT shards. NFT shards are held by a Vault, and users trade with Vaults where prices are determined by a bonding curve. Prices increase as more shards are purchased, allowing users to enter and exit shard trading at any time to address liquidity issues.
Trading Lockup Period: NFT sales are not immediately open. Initially only shard trading is available, which determines the NFT sale prices.
Obtaining NFT: Players with sufficient numbers of shards automatically redeem for NFTs, or directly purchase NFTs after the trading lockup period.
Settlement: After shard trading, Vaults distribute all income to shard holders (with a portion burned and a portion shared with game developers). In the case of direct purchase, income from sales is distributed to shard holders (with a portion burned and a portion shared with game developers).
Whether through voting, holding, or trading NFT shards, user motivation stems from their valuation of such rare aseets with great potential in games. Through shard trading, users can choose to:
Collect shards for NFT redemption.
Hold shards until future NFT sales.
Trade shards for arbitrage opportunities.
