Step Hero NFT Game x Kyber Join Hands

Published on: 17.09.2021
Step Hero NFT Game x Kyber Join Hands

Step Hero NFT Game & Kyber Network announced partnership to optimize liquidity for the $HERO Token.

As of September 1, Binance Smart Chain (BSC) users now have another DEX and liquidity source to choose from — KyberDMM, which brings both capital efficiency and optimized returns to BSC liquidity providers and token traders. To kick off this macro initiative to bootstrap the liquidity and adoption of KyberDMM on BSC; KyberDMM and BSC jointly launched a two-month long ‘Rainmaker’ liquidity mining campaign on KyberDMM, with $4M in rewards to incentivize strategic pools that are foundational to both trading and Dapp usage on BSC.

As part of this strategic initiative, the Kyber Network community has been voting on promising projects on BSC to increase both the number and liquidity of key token-pair pools on KyberDMM as well as incentivize them with attractive liquidity mining campaigns. These joint initiatives with key projects are starting with the launch of a liquidity mining campaign with the Step Hero NFT RPG game, via its HERO-BNB pool.

🔹KyberDMM DEX allows $HERO LP’s to maximise the use of capital via:

  • Amplified Liquidity Pools with extremely high capital efficiency; less tokens required to achieve better liquidity and rates compared to AMMs.
  • Dynamic Fees that optimise returns for LPs.
  • Better Reliability & Security: Audited by ChainSecurity and insured up to $20M by Unslashed Finance.

From ~September 16 at 21:00 GMT+8, liquidity providers can add any amount of liquidity to the HERO-BNB pool on KyberDMM on BSC to unlock their share of the $150,000 in $HERO and $KNC liquidity mining rewards over the next two months.

About Step Hero

Step Hero is a lucrative NFT fantasy-themed RPG game on BSC and Polygon. The Step Hero ecosystem is the perfect combination of NFT gaming and DeFi that enables users to have fun and earn profit simultaneously. The comprehensive ecosystem is made up of a fantasy-themed role-playing game with attractive gameplay, a cross-chained NFT marketplace, NFT collectibles, and the HERO token. Moreover, Step Hero also provides a social network experience with a supportive community.

About Kyber Network

Kyber Network aims to deliver a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources (e.g. KyberDMM) to provide the best token rates to takers such as Dapps, aggregators, DeFi platforms, and traders.

Through Kyber, anyone can contribute or access liquidity, and developers can build innovative applications, including token swap services, decentralized payments, and financial Dapps — helping to build a world where any token is usable anywhere.

Kyber is powering more than 100 integrated projects and has facilitated over US$6 billion worth of transactions for thousands of users since its inception.

📰 INFO

https://blog.kyber.network/step-hero-nft-game-and-kyber-collaborate-to-optimize-liquidity-for-the-hero-token-6343cb2f10c9

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