There are actually very few of these platforms in exisistance. But imagine for a moment taking your valued NFT gaming cards from games like Axie or Splinterlands and applying them to DeFi.
Indeed there are not a lot of project that do this.
One project which does this (which I am not a fan of) is MyDeFiPet, you breed creatures and you can put them in the "staking pool" which gives a 180% APR on the value of your creature.
Quite cool but in reality it does not earn that much and you can do this only once for each creature for 30 days max.
But overall, I thought this was nice to be able to stake your creatures :D
In somewhat of a way it does Neoxian owner often gives out loans or at least use to in exchange for the splinterlands cards as collateral. Interesting times we live in for sure I can't complain I'm loving ever minute and ever new advancement.
Yes, I have taken such a loan once, using my cards as collateral. Pretty awesome, if you think about it. But I am looking for automated and decentralized solutions for that.
https://twitter.com/bitcoinflood/status/1441925824920256529
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The world of Gamefi continues to grow. This one I found recently: https://nftb.io/
It is a new NFT marketplace for assets built on Binance Smart Chain. Has DeFi elements too.
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Going to check that out ! Thanks for the link
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You are most welcome @vlemon. Cheers!
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I think dCrops falls u see this category, too.
I get dividends paid in Hive for holding those assets whether I play them or not.
Chew on some !PIZZA while you chew on that. 😁
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Indeed there are not a lot of project that do this.
One project which does this (which I am not a fan of) is MyDeFiPet, you breed creatures and you can put them in the "staking pool" which gives a 180% APR on the value of your creature.
Quite cool but in reality it does not earn that much and you can do this only once for each creature for 30 days max.
But overall, I thought this was nice to be able to stake your creatures :D
Posted Using LeoFinance Beta
Splinterlands is adding more and more DeFi elements. Liquidity pools, staking rewards... I wonder when we can take decentralized loans for them?
In somewhat of a way it does Neoxian owner often gives out loans or at least use to in exchange for the splinterlands cards as collateral. Interesting times we live in for sure I can't complain I'm loving ever minute and ever new advancement.
Yes, I have taken such a loan once, using my cards as collateral. Pretty awesome, if you think about it. But I am looking for automated and decentralized solutions for that.
Posted Using LeoFinance Beta