What is Eternal League? | Dev Diary #1 📔
Our Creative Director, @StefanI_3D, answers the question: What is Eternal League?
Discover our 1v1 MOBA's in-game/out-of-game strategy, minions, and get an early look at gameplay! 🎮
A HUGE update to @Memeland@stakeland + WIN 69,000 $meme from your loyal MVPs!
NFT Staking Utility
Today, Memeland NFTs all gain a huge boost in Stakeland. Each NFT has "nMeme" associated with it, the value of which matches the original $meme they had locked on them. You can see the amounts in attached images.
This nMeme earns steaks at the rate of 1 per week per nMeme, the same as having $meme staked.
The nMeme is all "locked" if you don't have any $meme staked, and it unlocks at a 1:1 ratio with your staked memecoin - so if you have a Captainz NFT and 100k meme staked, 100k of your nMeme will earn you steaks. You can stake more meme to unlock more nMeme from it.
This means arbitrage between NFTs and $meme is negated in terms of Stakeland use cases, and arguably the NFTs are more important than just stacking $meme since they actually earn you more than 2x the Steak - lets see how..
Pure Memecoin
In this scenario, lets say you held 500,000 $meme, and had 2.3eth to spend (current Captainz price). You choose to buy $meme. You get ~550,000 $meme and stake it. You earn 1,050,000 steak a week forever. Not too shabby, but not optimal!
Memecoin with NFTs
Similarly, you have 500,000 $meme and 2.3eth. You opt to buy a Captainz NFT. The NFT has 690,000 "nMeme", of which 500,000 gets unlocked to match your $meme. You begin earning 1,000,000 steak a week. Oh no, thats less!! HOWEVER your NFT will be unlocking its $meme daily at a rate of 1371 per day. For gas and simplicity sake you Claim+Stake that weekly at 9,600 per week. Since you have 190,000 more locked nMeme available, this unlocks equally and you earn 19,200 more Steak each week. After 2.5 weeks you will be earning more Steak per week than with memecoin alone and made the same investment, and it would continue increase weekly until you hit 1,190,000 steak a week (max nMeme + $meme) - 16% more Steak.
$meme may be more liquid, but with the arbitrage being negated, 16% more stakeland rewards feels worth it (in this scenario, it varies depending on your NFTs, and Super/Full Crews get even more nMeme available)
So, if you are here for longer than a few weeks, and you want to be winning larger shares of Stakelands upcoming drops, and potentially benefit from other NFT tracked/gated Stakeland drops which could potentially happen now, you want to be aiming to roughly balance your Memecoin and NFT holdings.
69,000 $meme to giveaway!
MVPs have pooled meme and nfts in to a shared wallet over the years, and occasionally we give some away. This week, 69,000 will go to a lucky winner who...
- Follows @web3bdez and @_lileddie_eth
- Likes + Retweets this post
- Comment on this post
Winner will be Selected on 12th August.
Introducing Mon Protocol Partner - @Elixir_Games
Elixir is building a leading Web3 gaming platform that offers a one-stop solution for all gamers with a user-friendly wallet system, on-ramp payments, quality games, and a launchpad for new IPs.
Their launcher also features a Season Pass, full of quests, giveaways, tournaments, and rewards for your players!
https://t.co/D6EWNClgAG
Introducing MON Protocol Partner - Zentry
Zentry (@zentry) is the 'game of games' that unites the world’s three billion gamers into one unified Play Economy. Powered by a full-stack ecosystem of apps, IPs and infrastructures, Zentry pioneers the Metagame Layer that gamifies activities across games, DeFi, social and lifestyle.
More about Zentry here: @zentry
Introducing MON Protocol Partner - Astra Nova
Astra Nova (@Astra__Nova) is the 1st free-to-play revolutionary web3 RPG from Saudi Arabia. Astra Nova is set in a universe on the brink of destruction, offering players a blend of immersive storytelling, strategic gameplay, and next-gen rewards.
More about Astra Nova here: https://t.co/XLd3Mm6VxI
Introducing MON Protocol Partner @TheMachinesgame
TMA (@TheMachinesgame) is a free-to-play, adrenaline-fueled hero shooter game where players engage in pulse-pounding combat delivered from a top-down perspective. Get rewarded and earn digital collectibles in the midst of the mayhem in PvP and PvE. Powered by Ronin Network.
More about TMA here: @TheMachinesgame
Introducing Mon Protocol Partner - @Planet_Atmos
Their combat flight racing game, ExoGP, is currently in Closed Alpha 🏁 Play ExoGP, earn rewards, and support your team through your MKIV Exo.
Suit up! The race season starts soon, sign up for email updates ⬇️ https://t.co/DdXrkHqgb4
Today is a good day!
I just farmed 1,927.81 $MON with my $MEME on @Stakeland.
I'm now a proud holder of @Memecoin and @monprotocol, the Nintendo of Web3!
Thank you, @Memeland team. I can't wait for the next Stakeland project! 🫡
Just staked $MEME and I’m earning 🥩 on @Stakeland
Just staked $MEME and I’m earning 🥩 on @Stakeland
Just staked $MEME and I’m earning 🥩 on @Stakeland
Just staked $MEME and I’m earning 🥩 on @Stakeland
Today is a good day!
I just farmed 1,927.81 $MON with my $MEME on @Stakeland.
I'm now a proud holder of @Memecoin and @monprotocol, the Nintendo of Web3!
Thank you, @Memeland team. I can't wait for the next Stakeland project! 🫡
Today is the $MONday!
$MON is going LIVE at 10AM UTC today!
Top-tier exchanges like ByBit, KuCoin, HTX, Gate, etc, are all listing $MON at TGE! For more details, see the official announcement on @monprotocol.
This is day 1 for $MON.
But it's always Day 1 at MON Protocol. 🐉
As the leading Gaming & IP Publisher in Web3, @monprotocol has announced over 60 partners, with 50 more in the pipeline.
$MON Staking Platform will GO LIVE IMMEDIATELY at TGE on 27 May. $MON Stakers will be receiving $MEME and other partner tokens.
Gotta Stake 'Em All! 💯🎉
Launching in less than 24 hours, @monprotocol is building the "Nintendo of Web3."
Powered by $MON, the platform offers a thrilling line-up of in-house and partner titles, starting with @Pixelmon.
"Our mission is to deliver smiles through games and IPs." - @GiulioXdotEth, CEO
📣 $MON is coming soon to the #BybitSpot trading platform with @monprotocol
Listing: May 27, 2024, 10 AM UTC. Deposits: May 27, 2024, 8 AM UTC. Deposits and withdrawals will be available via the ETH Network.
🌐 Learn More: https://t.co/3DOdcKrQNZ
#TheCryptoArk#BybitListing
Here’s what to expect from us in the coming weeks and months as we build out our legendary gaming native monster-collecting IP.
🐉Monster Tycoon
⚔️PixelPals PVP
👿Warrior of Nova Thera
🛡️Pixelmon Hunting Ground (Working Title)
📺12-Episodes Anime (Season One)
More details⤵️