The advantages and benefits of the Defender economic model
Introduction to Defender Economic Model
Defender fully refers to the advantages of existing market game-type projects on the market, fully combines their advantages and enlarges them. From a certain point of view, Defender uses extremely complex types of tokens, which are no different from the real world. But the core fungible tokens are DFD and EGG. Others such as role-based NFTs or entourages, medicines, etc. can be used as a large class of NFT tokens. In order to build the long-term sustainable development of the project, Defender has made many efforts starting from the economic model.
The current economic model diagram of Defender is as follows: With the gradual improvement of subsequent development, the usage scenarios and economic closed loop of NFT tokens will be updated:
In order to maintain the decentralization, openness and transparency of the blockchain, Defender completely adopts a fair and just way to start and distribute tokens. Defender Token has no pre-mining, no institutional investment, only 7.5 million EGG tokens are used as feedback to the community and public offerings. Defender is a truly fair start project based on the community! At the same time, in order to better promote ecological development and create a sustainable project, Defender uses a dual-token mechanism to maintain and expand the closed loop of the economic model.
Users can participate in LP mining in the form of providing ETH, EGG, DFD, and USDC single currency, and the EGG produced by mining can participate in the higher APY income of the dual-currency pool. At the same time, users who obtain EGG can participate in the purchase of blind box NFT at the same time, NFT pledge mining produces DFD, and DFD participates in the dual-currency pool or the single-currency pool of LP mining to produce EGG. In a real sense, users can obtain EGG, Blind Box NFT, and DFD for one token.
From single currency mining to produce EGG, to EGG buying blind box, blind box pledge produces DFD, DFD forms LP to produce EGG, it creates a complete closed loop of the token economic model.
7.2 Token Distribution
Defender adopts a dual token mechanism: the core token is DFD, and the benefit token is EGG. However, it should be noted that the empowerment and usage scenarios of EGG are slightly different, but there is no priority. The main function of creating dual tokens is to encourage users to expand the ecological margin through token incentives.
Enable application scenarios
1. Community governance: As a community project, the indispensable application scenario for tokens is the use of DAO governance. In the future, Defender will launch the DAO governance module. At that time, users who hold DFD can vote for the details of handling fee parameters, income distribution and other details. Users have the right to propose, vote and supervise on technology development, operating expenses and ecological incentives.
2. Promote Defender innovation: As an important part of project development, how to create sustainable innovation is the key to project success. The team will decentralize development and innovation rights to the community, Users holding DFD can vote and control the Loot gameplay.
3. Enjoy trading dividends: DFD holders will be able to participate in trading dividends in the Defender ecosystem; after most of the income obtained through the trading market and other forms are used to buy back DFD, the Defender platform will regularly provide all DFD according to the plan income from dividends to holders.
4. Game application: DFD and EGG will become the most important trading medium in the game. Many game scenes with Loot as the core must use DFD and EGG to participate. All tokens consumed in the game will enter the destruction pool, and the Defender platform will regularly destroy all tokens consumed as planned.
5. Game and NFT rewards: Once the entire system of the Defender platform matures and continues to grow, the final income will also be returned to the token holders in various forms.
Features and advantages
1. Dual-token model, DFD and EGG as the ecological core tokens at the same time have rich usage scenarios and empowerment. Defender’s dual-tokens are different from existing dual-token projects on the market, with one equity token and one governance token. Defender uses both tokens as equity and governance tokens to maximize the rights of token holders.
2. NFT enrichment: make the game and other scenes, characters, followers, equipment, etc. to be NFT, allowing users to truly own the game assets and free trading rights. Users can choose to NFT the game or gameplay through the DAO governance module.
3. Loot game in the true sense: Defender will launch the loot module in the first quarter of next year. At that time, users can freely create and empower NFTs based on the official Loot supporting tools. Users can freely create new equipment, new followers, and new gameplay. After voting through the DAO governance module goes online, the creator can obtain a portion of his NFT sales and transaction proceeds.
4. Ecological closed-loop and completeness: Whether it is DeFi or game, users can get a one-stop complete gameplay. Through the mining of the single-currency and dual-currency pools, income can be obtained, and the income can participate in the NFT purchase, and the NFT can participate in the game.
5. High-yield expectations: Defender will launch single-currency pool and dual-currency pool mining at the end of the month. The annualized return is expected to be as high as 8000%. The contract will be audited in the near future. Users are welcome to participate at that time. The annual revenue of the game is expected to be around 1000%.
Conclusion
As a brand new Loot game based on Arbitrum, Defender is impeccable in terms of economic model and gameplay, and has unparalleled advantages over existing chain games on the market. Defender is the only one to promote the Loot game with an economic model. Its unique economic model design and gameplay have attracted the attention of many institutions and leading exchanges. Of course, Defender also has challenges, and the team is also facing this problem. However, the team understands these risks very well, faces and handles them with a positive attitude. The team’s current priority is to maximize traffic growth and fund precipitation at the economic model level, so as to ensure that users can actively participate in games and mining to promote the realization of the long-term roadmap of the project.
Related Links:
Official Website：http://defender.finance
Telegram ：https://t.me/defenderfinance
