What Is DeFi Land Gold (GOLDY)? Complete Guide & Review About DeFi Land Gold

What Is DeFi Land Gold (GOLDY)?

DeFi Land Gold is a unique, multi-chain agriculture-simulation game created to gamify all aspects of decentralized finance. The main goal of the game is to make it easier and simpler for individuals to take part in the exciting world of DeFi and crypto, while also having the opportunity to have fun.

DeFi Land offers all the features that traditional platforms have, but everything is gathered in one place. The game offers players the opportunity to start playing for free, grind their way up to the Play and Earn tier (or simply purchase a Gen-0 NFT), compete with other players, craft, trade, and dive into DeFi in a fun and exciting way.

DeFi Land Gold Storage Key Points

Decentralized Finance

DeFi Land is a multi-chain agriculture-simulation game created to gamify Decentralized Finance. The game will have all the features that traditional platforms have but it will be gathered all in one place. Players will be able to start playing the game for free, grind their way up to the play-2-earn tier, compete with others, craft, trade and more.

Motivation and Long-Term Vision

DeFi and NFTs have been part of our lives for a long time, and they could become huge if treated and developed in the right way. While they were trying to explain how this exciting world works to our friends and family, they realized that it was simply too hard to understand for many people.

When looking for ways to break down the barriers and make things simpler for the masses, we found that gamification is the best way to explain complex topics that are hard to understand to everyone.

This is especially true when talking to those who might not have the technical knowledge to understand how things really work. This was one of the main drivers for creating DeFi Land. As a result, we have turned investment-based activities into a gamified online application, offering individuals the opportunity to not only take part in the industry but also have fun.

Gamified DeFi Land – Free to Play

DeFi Land is completely free. By connecting your wallet to DeFi Land, you are able to swap crypto tokens, manage your portfolio, and learn about DeFi in a fun and engaging manner.

With Education Mode, newcomers are able to practice and learn more about the industry without having to spend any of their actual funds. Beginners are provided the opportunity to grasp how DeFi in a hands-on platform.

When you log in for the first time, you can take advantage of DeFi Land’s has a referral program. Simply share your referral’s wallet address when signing in for the first time, and they will earn rewards based on your activities in the game.

What Powers DeFi Land?

The DeFi features in your village are powered by existing protocols, meaning they only serve up the front-end experience. While developing DeFi Land, we decided not to create own swap, pools, or farming mechanics. the focus is strictly on the user experience, gamification, and educational aspects of the onboarding process. In this way, they are building a much-needed service to the ecosystem while empowering existing protocols. Simply put, they are not competing with other platforms on the Solana chain. As we bring more traffic to the game, they will drive traffic to the protocols they have incorporated into our trading platform. We have active collaborations and integrations with Serum, Raydium, Orca, Tulip, and Saber.

Growing with DeFi

As DeFi continues to grow and attract more people around the world, they believe that DeFi Land can play a major role in the future development of the industry. The project is full of opportunities for beginners, making it a perfect place to start learning and growing. They will continue to add new features, including lending, borrowing, staking, liquidity provision, and more. They are most excited about multi-chain expansion. In the summer of 2022, they will begin alpha testing for multi-chain integration with the most promising L1s and L2s to bring even more DeFi services to the game. They will introduce new islands for each blockchain with bridges that allow you to travel (and trade!) in between each. DeFi Land will be the multi-chain hub for innovative protocols.

Play and Earn

Play and Earn mode aligns with our philosophy that a web3 game should build its earning protocol on top of an experience that is fun and engaging without these additional incentives. In other words, the users do not play to earn. DeFi Landers play and earn. To accomplish this, they have multiple unique gameplay modes that are embedded in an ecosystem that provides abundant use cases for your tokens. The first priority is creating an amazing user experience. Next comes the development of an economy that is strong, balanced, and sustainable.

DeFi Land token – DFL

$DFL is a governance and staking currency with an abundance of use cases in our ecosystem. $DFL will be the ruling currency in the game giving you the power to craft, upgrade, and boost. This will help you maximize your earning potential in DeFi Land. We will use $DFL to trade in our homegrown NFT marketplace without additional transaction fees.

In addition to in-game elements, DFL has staking and governance utility. $DFL stakers will be rewarded with priority access to whitelists based on their weight in the staking pool, and long-term stakers can earn community NFTs. Eventually, revenue generated through the DeFi Land Treasury will be redistributed among the stakers. Lastly, $DFL will also be used to govern our protocol. Players will be able to decide the way the game develops.

To promote the sustainability of the ecosystem, they introduced $GOLDY. This is a secondary currency that is used predominantly for in-game microtransactions and rewards. $GOLDY is entirely community driven and is minted strictly to distribute rewards among the players. $GOLDY has many use cases and is burned with every transaction.