Penguin Finance partners with Race Game
Penguin Finance partners with Race Game to deliver more enjoyable poker events to both communities and to assist RacePoker in collecting POL through bonding. RAce Poker is an open-source online web 3 poker game that dramatically enhances the potential of blockchain and decentralized storage.
RACE Poker has its own native token $RACE, and its economic architecture will allow the fund in poker games to function more efficiently and economically. Rake reduction will minimize players’ overall costs, but the design of ‘rakeback’ with RACE token will offer participants a minimum-guaranteed profit. They expect that poker players will experience the pleasure of positive-sum games on RACE Poker.
RACE poker will use Penguin’s bonding service in the future to gain access to the POL. Allowing long-term supporters of the offer to purchase RACE at a discount. It also continues to accumulate LPs permanently locked in its own treasury to avoid a liquidity crisis.
PARTNERSHIP IMPORTANCE
When you rent LPs from farmers using liquidity mining incentives, a liquidity crisis necessarily emerges when the market falls or your incentives become insufficient. Penguin Finance is delighted about the opportunity to assist RACE in building a strong and secure liquidity base and growing over time.
RACE poker also features an NFTs display. PngArtists may now join the game and utilize Penguin Art NFT as their avatar. In the future, PNGART will have a unique presentation at RACE poker while discovering the possibilities of partnering on NFT with the RACE team.
As a result of this collaboration, both projects will work together on poker events for their communities as well as treasury and liquidity management.
ABOUT Penguin Finance
Penguin is a Liquidity-as-a-Service Platform that offers a one-stop solution for treasury management such as swap, bonding, and staking. A protocol can utilize the bonding service to acquire liquidity instead of renting it. Protocol-owned liquidity can help a protocol survive in the long run by staying with it during a downturn. Instead of fostering short-term involvement, token vesting will allow protocols to match their incentives and communities with their long-term goals.
ABOUT RACE Poker
RACE Poker is committed to the development of decentralized asymmetric information competitive games. Equally, the RACE team will untiringly develop a trustworthy and reputable model. It is to ensure the fairness and safety of the game. It will also apply the trustworthy one to the game. Through the blockchain, P2P network, smart contract, web3, and other technologies.
RESOURCES
Medium
