Decentralized Finance (DeFi)
Project SEED introduces The Vault to create a balance between the supply side and demand. We allocate a portion of the Project SEED's community token supply for Staking Reward and LP Staking Reward. This system will provide incentives for holders to hold their tokens from the early stages of the project.
We use The Vault in our Project SEED Ecosystem as our mechanism to maintain the circulation supply of the token while maximising the utility of the token for the users.
There are two types of Vault:
- 1.Single-TokenSHILL Token Staking
- 2.Liquidity Token
- Liquidity Provider Token Staking ( i.e.: SHILL-SOL, SHILL-BNB, SHILL-USDC, SHILL-BUSD, and others).
- Liquidity Provider Token can be obtained by putting liquidity in the supported Decentralized Exchanges (DEXs).
Both of the Vault will have 2 (two) types of Staking Periods:
Users can withdraw (unstake) their token on-demand whenever they need it. Flexible Staking Unlock (withdraw) will involve Unlocking (withdrawing) time.
To incentivise our strong holders, players, and believers that are willing to hold for a longer period of time, they can lock your token up to 12 months. This Locking Mechanism will give additional rewards depending on the length the token is locked.
In the most simple way, staking can be understood as earning passive income from holding cryptocurrency, which is SHILL token in Project SEED ecosystem. It is a wonderful financial instrument for players to gain benefits even without game entry. Players who stake their SHILL Token will be rewarded with various benefits within the game.
- Random “Supplies” distribution
- DAO Proposal
- Dungeon Creator Capability
- Increase players’ level to keep active Zeds
- APR for staking rewards
SEEDex (Project SEED Decentralized Exchange) will be built with the implementation of AMM (Automated Market Making) built on the blockchain to enhance a fully decentralized CLOB (Central Limit Order Book).
We implement the CLOB (Central Limit Order Book) concept as our backbone for the AMM Mechanism to provide high-speed trades, and access on-chain liquidity to multiple DEXs.