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The Gen-0 NFT launch was also completed by the project, which sold out in minutes.
DeFi Land continues to advance its project within the GameFi space. Single-sided staking is a major step forward. Users can stake DFL and earn immediate rewards. All of the staking options are available in the game, and they maintain the appeal of DeFi Land's overall interface. The game allows users to start and manage their positions with no friction.
Flexible and locked options are available for staking. You can stake your DFL anywhere from 0 to 100 weeks. Flexible staking allows you to remove a stake at any time. The lock option, on the other hand, incentivizes long term DFL holders to stake the ecosystem and earn a higher return. The number of tokens staked and the time spent on them will determine the rewards.
DeFi Land's single-sided staking function generates rewards every second. Users can only claim tokens one time per seven days. Stakers who have been long-term investors are eligible for additional rewards such as free NFTs or white-list access.
The in-game Bank feature allows you to access the DeFi Land staking function. You can choose between Flexible or Locked Staking. Once you have entered your amount, you will start receiving rewards right away. Fixed emissions begin at 1 $DFL per Second and will adjust over time via in-game mechanics, market fees, and take over the emission schedule for long-term sustainability.
DeFi Land's Gen-0 NFT launch coincides with the launch of single-sided staking. Whitelisted users had access to 7,500 NFT seed during an eight-hour period. Due to overwhelming demand, the team sold the remaining NFTs via a public sale that concluded in 80 seconds. DeFi Land NFTs have been on many people's radars. They will now allow for play-to-earn mechanics in-game. In a single day, trading volumes across secondary marketplaces exceeded 15,000 $SOL, which is a sign of growing interest in these tokens.
NFT seeds must be minted as a first step. Users can choose to make it into four NFTs by planting it in-game and watering with $DFL tokens. After 30 days of planting a seed, a candy machine will appear in your village to distribute rewards. After 30 days, the team will destroy all $DFL that was used to water the seeds. More than 500,000 dollars worth of $DFL were burned in the first five hours.
DeFi Land
DeFi Land is a multichain agriculture-simulation web game created to gamify DeFi. This game aggregates all DeFi platforms and converts them into a DeFi interface for Solana or other chains.
