PlaceWar Officially Partnered with AFKDAO
PlaceWar has announced its official partnership with AFKDAO. NFT Tank owners of PlaceWar will be able to stake their assets at any time into the pool and instantly receive dynamic interest while getting access to indefinite players who are borrowing at a dynamic interest rate at the same time.
PlaceWar will use the AFK delegator protocol, AFKDAO will also be able to provide low-collateral lending & borrowing pool solutions to unlock the liquidity value of gaming assets, thereby removing the inefficiency of NFT lending in P2P matchmaking manners.
- Borrowers will have to inject an optional amount of reward tokens per pool ($GEAR for PlaceWar) as the collateral.
- AFKDAO’s delegator smart contract will automatically distribute revenue back to the lending pool for redistribution purposes.
- PlaceWar will use AFKDAO’s NFT oracle, an oracle specializing in NFT-related data.
About PlaceWar
PlaceWar is a decentralized strategic play-to-earn game universe deployed on a multi-chain with highly engaging artillery gameplay that allows players to create and define the outlook of the in-game world through building, battles, and alliances.
About AFKDAO
AFKDAO is a decentralized NFT liquidity protocol that boosts the buildup of play-to-earn economies. Through its proprietary ERC-4610 standard, AFKDAO enables compatible NFTs to be lent and borrowed in a non-collateral manner and provides potential investors with an easy gateway to access investment opportunities in gaming and metaverse projects.
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