We are incredibly excited to have partnered with @KCCdefi to review our Tokenomics and consult with our core team on the growth and sustainability of the ENCTR Protocol, with a specific focus on $ENCTR growth.
This is just the first step in bringing ENCTR to the masses.
Treasury Migration has begun. Rebase rewards will still be issued collateralized against debt of tENCTR. Price of ENCTR and liquidity collateral remain unaffected.
We have now faced 4 catastrophic "black swan" events since launching ENCTR. We remain undeterred and focused on the plan and always aim to be as flexible as possible.
Treasury Migration came at a great time as we diversify our ENCTR backed assets into different classes.
New Bonds were not issued this week in preparation to updates to the app and the initiation of a key part of our Tokenomics structure.
Next bonds will return to Liquidity Pair Bonds for the public with Single Sided High Discount Bonds available for NFT holders.
We're taking a look at rebase rewards and the APY this week and will making necessary adjustments and deploying in areas that need it.
Right now we aim to keep the APY around 10% average though we may increase that slightly on the build back up to $4
To celebrate the successful acquisition and some real momentum moving forward we're going to be giving away one Protocol 5129 NFT to someone on this.
All it takes to enter:
💬Comment a friend that would love Battlescape
💘Drop a follow on @ENCTR_Official and @battlescape_ep
Let's talk about the Battle Log! With our app you are able to bet on as many games and options as you want and adjust them right from your Battle Log. Confirm your wagers once to interact with the smart contract and save some gas.
This is what #builtonpolygon looks like.
It's been all hands on deck since the takeover and we're rebuilding our team and our direction. Starting to see the first trickles of that across the @battlescape_ep areas and the price movement on the token.
Now's the time. When this thing goes, it goes.
If you put $100 on Team Liquid to win today's LCS match, you'd bring home $259 total with standard odds.
If 15 people put $100 in our platform on EG and just 2 of you put in $100 on TL you'd win $850 total.
No odds makers. Users set the pools. Shouldn't YOU decide the risk?
@brycent This is why we're building Arsenal the way we are building it. No need to know anything about the token if you don't want to. You buy your "battle pass", play the games you want to, and earn yourself rewards. Simple does it.
The time is edging ever closer to the first launch of Battlescape and to celebrate we've launched its own Twitter account.
You can now follow @battlescape_ep for all updates regarding Battlescape by ENCTR.
This Twitter will remain focused on the ENCTR Token and DeFi systems.
We're not stopping or slowing down anything. It's time to get back to work and back to building. To start that off we've issued a new bond to the application.
It is available now with a limit of 10K DAI.
Get Your Bond: https://t.co/9zSMyBpC0c
A first look at the Battlescape rollout update, and the first plans for Arsenal, are rolling out this week.
New capital has been deployed to the treasury to sustain rebase rewards.
We may be down, but we’re fucking far from out. This is web3 gaming and we’re coming for it all
One of the first things were working on during the transition is bringing more value to the PRTCL 5129 access card within the ecosystem.
More than just early access and special bonds. It will begin unlocking things within our sister projects.
It’s finally time for the news to hit the Twittersphere. ENCTR has been acquired and will be shifting its leadership team.
Aaron Nichols will remain, as new interim CEO and the others will step away.
It was a tough decision but best for the protocol. Full blog post soon.
You guys heard it first from Alex. Gaming and Digital Asset Ownership will be the biggest mainstream use case of crypto and we're miles ahead of the game already. We're putting all that in EVERY game you play, not just the ones built on the blockchain.
Still. By a long shot. The most likely place we are likely to see mainstream actual use case adoption in crypto...
Is gaming & digital asset ownership.
We've got a MAJOR announcement coming out this week that will change everything, and nothing, at the same time.
ENCTR is in a great place in this market and we will continue to push harder, do better and offer more to our holders.
Stay Tuned by hitting that 🔔
ENCTR represents so much more than just a token on a chart. The token is but the smallest piece of a total system we're building to change the way true gamers spend their time.
Battlescape is the first piece of that and we're getting days closer to launching the first live bet.
We've posted a relatively long update to our Discord.
TLDR: We're building. Battlescape is close. We're humans with responsibilities. Disruption takes time. New Bonds coming soon.
Read more here: https://t.co/YSboD58WOP