Grand Opening of the MCDC DriveThru Game on xDai

Published on: 02.05.2021
Grand Opening of the MCDC DriveThru Game on xDai

McDonalds Coin launched highly anticipated blockchain game DriveThru which includes 8 unique gamified tokens with never before seen token mechanisms exclusive to xDai & audited by War on Rugs.

Each token will be distributed over the course of 100 days via liquidity mining using xETH/xMCDC LP on Honeyswap and also each token’s corresponding liquidity pair with xMCDC.

Each token has the following mechanism which hasn’t been implemented anywhere else in the blockchain space. When a token is traded or sent, 6% of all transactions are sent to a pool which can be randomly triggered linearly by any token transaction to have two thirds distributed to all token holders (4%). Meanwhile the other one third (2%) is sent directly to support the liquidity of xETH/xMCDC LP on Honeyswap. To put things in perspective, when 1% of the total circulating supply is sent, there is a 1% chance that the distribution pool is triggered. The free on-chain random number generator RANDAO on xDai is perfect for the implementation of these random pool triggers, which makes DriveThru work on xDai without massive 3rd party overhead for random numbers.

The DriveThru game combines two mechanics, trading and farming. In the previous two sections we discussed each aspect on its own; now we delve into how they affect one another. To quickly recap, food tokens are distributed to those who provide liquidity to the xETH/xMCDC pair on Honeyswap and furthermore to those who provide liquidity to xMCDC/FOOD pairs (with a 4x boost in emission). Meanwhile the trading strategy of DriveThru is to trade coins with favorable pool and price conditions. Thus the goal of xMCDC/FOOD LP farmers is to create favorable price and pool conditions for the coin which they are rapidly harvesting.

What is McDonaldsCoin?

McDonaldsCoin is a parody art project gamified token.

What is xDai?

xDai is the first-ever USD stable blockchain and multi-chain staking token.

📰 INFO:

https://mcdonaldscoin.medium.com/grand-opening-of-the-mcdc-drivethru-game-on-xdai-fbda769c8a0b

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