Crabada’s Subnet the Swimmer Network on the Avalanche

Published on: 01.03.2022

Swimmer Network is a dedicated blockchain for gaming that leverages on the existing infrastructure and security of the Avalanche Network.

Swimmer Network aims to bring a fun, engaging and frictionless experience for both game enthusiasts and game developers on the blockchain!

1 . Mining for Gas

Crabada is the highest gas-consuming Dapp on the Avalanche Network

Crabada currently takes up roughly 16% of the gas used on the Avalanche Network, with gas consumption sitting at ~262 $AVAX/hr (~$22k USD/hr).

$TUS will be the gas token on the Swimmer Network! Our beloved and hardworking Crabada will now power the the Swimmer Network!

They are targeting a ~85% reduction in operational costs for players with the move to Swimmer Network. In addition, a percentage of network fees will be burnt. The initial burn rate is projected at ~25% of all network fees, and planned to be scaled up to ~80% as the network grows.

2. Fee-Cover Model

One key innovation of the Swimmer Network is the Fee-Cover Model.

This feature reduces onboarding friction by supporting players to play games without having to acquire gas tokens in the first place.

Games will have the ability to subsidize/spend gas on behalf of their players. This feature can be configured on/off at the discretion of the game maker. This opens up many possibilities for a smooth onboarding experience.

3. Ecosystem Grants

By the end of Q1, we will be onboarding the first cohort of recipients for the Swimmer Network Ecosystem Grants.

1.25M $CRA has been set aside for 2022 as a part of Ecosystem Grants for following categories:

a. Community Developers (Tools/Applications)
b. Community Contributors (Ambassador Program v2)
c. New Games

4. Validators for the Swimmer Network

Validators are required to run an Avalanche Node, and stake $CRA on a time-lock validator contract for the duration of validation.

Validators will earn the balance of network fees after burning, based on the the weight of their staked $CRA.

The Crabada Idle-Game and marketplace is expected to be migrated onto the Swimmer Network by the end of March. The Idle-Game and Marketplace will no longer be available on C-Chain after migration takes place.

Players will have to bridge their assets from Avalanche C-Chain to the Swimmer Network in order to continue playing the Crabada Idle-Game, or use the Crabada Marketplace.

Welcome to the world of Crabada. Rediscover the prosperous ancient Hermit-Crab Kingdom once ruled by Crustaco, King of the Crabada. Recruit loyal followers to your cause. Harvest precious resources from mines, and breed new warriors for your army. Loot enemies or humble miners unaware, claiming your rightful share of their riches.

SOURCE

https://medium.com/@PlayCrabada/introducing-crabadas-subnet-on-the-avalanche-network-18cb310ddb8c

Market Stats:
BTC Dominance: 57.44%(-0.09%/24h)
ETH Dominance: 12.1%(-0.03%/24h)
Defi Market Cap: $113.74B(-9.84%/24h)
Total Market Cap: $3284.32B(-0.66%/24h)
Total Trading Volume 24h: $148.79B(-6.08%/24h)
ETH Market Cap: $397.12B
Defi to ETH Ratio: 28.64%
Defi Dominance: 3.32%
Altcoin Market Cap: $1397.79B
Altcoin Volume 24h: $98.74B
Total Cryptocurrencies: 32942
Active Cryptocurrencies: 10441
Active Market Pairs: 94988
Active Exchanges: 771
Total Exchanges: 9798
BTC: 95276.42$(0.56%/1H)
ETH: 3297.99$(0.6%/1H)
AVAX: 36.26$(0.76%/1H)
BNB: 661.66$(0.64%/1H)
MATIC: 0.47$(0.71%/1H)
FTM: 0.96$(0.17%/1H)
ADA: 0.88$(0.34%/1H)
DOT: 6.89$(1.03%/1H)
UNI: 13.79$(0.53%/1H)
CAKE: 2.35$(0.65%/1H)
SUSHI: 1.45$(1.51%/1H)
ONE: 0.03$(1.81%/1H)