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Project Seed intends to develop games to target the following gaming genres in its Game Studio:
• Role-Playing Game (RPG)
• Massively Multiplayer Online Role-playing Game (MMORPG)
• Multiplayer Online Battle Arena (MOBA)
• Battle Royale First Person Shooter (FPS)
• Real-Time Strategy (RTS)
• Fighting Games
• Arcade-Style Flight Action Games
GameFi
Project SEED’s GameFi provides all players access to its Decentralized Finance (DeFi) platform, which
enables facilitates token staking, transferring, and minting. It’s an intersectional territory between
blockchain-based gaming and decentralized finance, giving users the most flexible financial powers while
also enjoying a seamless gaming experience at the same time.
In order to appeal to a wider audience, Project Seed provides In-Game and Off-Game DeFi access to all
players. Traditional gamers can execute DeFi-related actions within the application itself without having
to use the Web3 application, and seasoned Crypto players can connect to the Web3 application for the
same.
Source: Project Seed Whitepaper
Project Seed’s GameFi ecosystem comprises three main elements: NFT Cross Chain Bridging, DeFi tools,
and the Marketplace. For DeFi activities, the project offers tools such as Vaults and SEEDex.
Vaults offer users the ability to stake tokens and earn rewards. They were designed to maintain a balance
between demand and supply in the SHILL token ecosystem while maximizing utility for the tokens. A
portion of Project SEED’s community token supply is allocated for Staking Rewards and LP Staking Rewards.
This system provides incentives for holders who have supported the project from its initial stage.
There are two types of vaults:
• Single Token Vault: Users can stake the community tokens for rewards in these vaults.
• LIquidity Token Vault: Users can convert and stake community tokens for liquidity tokens and vice-versa
(such as SHILL-SOL, SHILL-BNB, SHILL-USDC, SHILL-BUSD, etc.).
There are two staking options such as flexible staking and locked staking. With flexible staking, users can
unstake their tokens at any time. In locked staking, the tokens are locked for up to 12 months, and users
are rewarded based on the length of the staking period.
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SHILL Issue #54